Industry commentators have expressed shock and surprise that NEC Corporation’s Energy Solutions business has been wound down, while an analyst said the reasons for the energy storage system integrator’s demise are likely to go back further than the COVID-19 pandemic.
Flow batteries have so far, failed to live up to the disruptive potential they promise, a new report says, but authors Alex Eller and William Tokash at Navigant Research have identified 12 leading vendors in the nascent field, based on metrics of strategy and execution.
Australia’s strong and ongoing potential for energy storage paired with solar PV has seen international and domestically-headquartered companies race to gain market share.
While lithium-ion enjoys the most media and customer interest at the moment, alternative technologies for storing energy could become competitive – if investors are willing to take them on to the extent that manufacturing efforts can be greatly scaled up.
A list of 10 proposed projects have been selected for ‘Renewables 400’, a state government push to deploy 400MW of renewable energy generation capacity with 100MW of energy storage in Queensland, Australia.
The International Flow Battery Forum is taking place this week and long-time organiser, Anthony Price of consultancy Swanbarton, wrote to Energy-Storage.news with some of his views on the market and a snapshot of where development currently lies.
Standalone energy storage can challenge new gas peaker plants as a "mainstream" option in the US right now, Fluence has said.
Quentin Scrimshire, head of energy storage at Kiwi Power, said the latest prices didn’t achieve the mechanism’s purpose, and instead only served to reward larger generators that would already be generating throughout the winter.
Existing CMUs outperformed new build in the auction, and battery storage in particular struggled to complete against other generator types like open-cycle gas turbines (OCGT).
A large-scale battery storage system will be built in Texas for the US’ biggest electric utility cooperative, to time-shift solar-generated loads and provide grid services to transmission operator ERCOT.
The UK’s energy retail market is witnessing an exodus of customers leaving the so-called Big Six for independent suppliers, who are attracting them with home solar systems and a battery to match. Liam Stoker uncovers what’s behind the trend for new energy suppliers taking to domestic PV
Thanks to “innovative business models” and the combination of PV with batteries, Japan’s “solar boom” is far from over, market expert Izumi Kaizuka of RTS PV has said.
Hospitals, schools and railways in South Australia will be powered by an electricity retailer started up by billionaire steel trader Sanjeev Gupta, following the signing of an agreement between the state government and Gupta’s SIMEC ZEN Energy.
Electricity storage and energy efficient products manufacturer, Powervault, has teamed up exclusively with Energy Storage News to offer readers the opportunity to win a 4kWh Powervault worth £3,000.
Research firm IHS recently reported that as of the end of 2015, there was a global pipeline of 1.6GW of battery or flywheel-based grid storage projects in place. Andy Colthorpe spoke to principal analyst Marianne Boust, who explained why last year truly saw a “change in stakeholder mentality” in favour of energy storage and why 2016 will be another record-breaking year.