A study co-written by industry figures has put forward new claims of the cost-competitiveness of European solar-plus-storage, amid predictions that grid parity will unfold continent-wide by 2025.
The UK’s power system could become greener and more efficient if excess generation, typically from renewable sources, was used to create hydrogen, a national association of engineers has said.
While energy storage can be considered “critical” to Australia’s transformation to a distributed, low carbon energy mix, a lack of investment and planning for the technology could have negative consequences for the network.
There is no economic benefit from installing energy storage with solar PV in UK homes, a new study has suggested, adding that the cost of battery degradation would cost homeowners £400 (US$518) in the first year.
Europe’s ‘first commercial battery park’, a 5MWh lithium-ion battery system that was recently tripled in size to 15MWh, has been used to successfully restart a disconnected power grid in Germany.