Sales of battery storage units to residential households in Germany are booming, but it’s the value of services the batteries can provide, rather than the hardware itself that offers a long-term economic opportunity, a Siemens representative has said.
Energy storage enjoyed another record-breaking year of deployments in the US in 2018, while the residential segment is now “moving beyond early adopters” and into commercial viability, a report from Wood Mackenzie Power & Renewables claims.
Following the fourth annual Energy Storage Summit hosted by Solar Media in London this month, Solar Media Market Research analyst Lauren Cook discusses recent trends in the UK market.
Today, energy storage projects often fail to deliver value because of economic miscalculations. These computational issues, however, can now be mitigated by applying software, analytics and machine learning, write Enrico Ladendorf and Bryce Evans of Pason Power.
Transmission system operators in the US have begun making their moves to accommodate energy storage into their wholesale markets, with New England ISO and Southwest Power Pool both making filings in the past month.
A new study has found that the UK could meet its growing power needs predominantly with solar and wind energy, with battery storage and demand response providing flexibility.
Microsoft is going to be the off-taker of power from a 37MW wind power project in Europe, trialling the use of integrated battery energy storage to trade the energy.
India’s Central Electricity Authority (CEA) is debating how and whether to introduce a mandate for solar and wind projects above a certain size to be coupled with energy storage.
California’s grid operations will be supported by the ramping of an estimated 3,000MW of energy storage, when a solar eclipse expected across the Pacific North-West of the US will cause PV generation to dip.
Many have predicted 2016 will be the year when energy storage starts to live up to its hype. Andy Colthorpe canvased views from some of the leading figures and companies in the sector on the next developments a market that could help take solar and other renewables to the next level.