Increased confidence in the asset class has been driven by three main factors: more third party trading counterparties entering the space and offering new and innovative products, increased volatility in the trading markets and the increased market size of frequency service contracts.
The battery storage optimisation and energy trading teams at EDF and Centrica Business Solutions - stalwarts of the UK’s Big Six of utility companies - have won 40MW of new deals to optimise large-scale battery storage systems.
US energy storage safety expert advisory Energy Storage Response Group (ESRG) was created through a meeting of minds from the battery industry and fire service. Andy Colthorpe speaks with ESRG principal Nick Warner and business manager Ryan Franks on what the industry needs to do to win the trust of firefighters, code officials and other stakeholders including banks and insurers.
Around 2.1GWh of battery storage had been installed in Germany by the end of 2019, in households, at commercial and industrial (C&I) facilities and at large-scale in grid-connected applications.
The grid operator for the Canadian province of Alberta’s forthcoming technology pilot for fast frequency response services is a “step in the right direction” to enable energy storage deployment, but current regulatory conditions present barriers to maximising the value of batteries and other storage, Energy-Storage.news has heard.
Dr Kai-Philipp Kairies, a battery scientist and CEO of battery software start-up ACCURE, spoke to Andy Colthorpe about how his company aims to be a 'software-as-a-service' provider in negotiating the complexity of managing batteries.
Peaxy CEO and President Manuel Terranova joins us to discuss some of the biggest challenges facing the battery industry, and how smart software like Peaxy Lifecycle Intelligence (PLI) for Batteries can solve them.
The greatest value aggregrators putting batteries and other assets in the UK's electricity markets offer to their customers today is in providing access to the Balancing Mechanism (BM), through which the electricity system operator National Grid ESO matches supply and demand in real-time.
Coal retirements, liberalised energy markets and declining costs continue to improve the business case for energy storage in Australia, but the coronavirus pandemic is among factors creating uncertainties and risks, new research has found.
This article looks at the current status of each of these end-markets and where there are similarities and differences in how the markets have developed, along with future opportunities.
Stem Inc has won out in a competitive Request for Proposals (RFP) to manage a 345MWh fleet of commercial and municipal energy storage systems in Los Angeles, California.
The business case for behind-the-meter (BTM) battery storage in Australia appears to be positive, according to a University of Queensland report on the performance of a 1.1MW / 2.15MWh Tesla battery energy storage system (BESS).
Two grid-scale battery energy storage projects, one just completed in Texas and one just announced in California, give an indication of the growing market opportunities in the US’ regional grid operators’ service areas.
Investors are queuing "all the way down the street" but many require the first projects to be built before committing, Gridserve's chief investment officer Mark Henderson has said.
Pivot Power is keeping an eye on solutions other than lithium-ion, but chief executive Matt Allen stressed the need to focus on the now and deploy chemistries that are "ready and investable".
Ørsted has appointed REMAP as its marketing agent for its flexible generation and revenue optimisation services in the UK.
UK battery storage firm Zenobe has secured £25 million (US$32.93 million) in funding from Santander as it looks to continue its growth.
The pipeline of projects currently stands at 11GW, and although it is unlikely that this will all be built, we currently see nearly 800MW of projects at the ‘under construction/ready to build’ stage.
UK battery storage developer Anesco has combined its behind- and in front of the meter storage divisions as part of a wider internal restructure which has triggered the loss of 18 jobs.
Placing a battery onto the grid is an economic investment. Matthew Hunt from the UK’s Chargesync discusses strategies for extracting the maximum value from devices and systems through optimising performance.