Strong deployment figures have been posted for the US’ energy storage market in both residential and non-residential segments in the past quarter, amid warnings that an escalating trade war with China could dampen some of that enthusiasm if tariffs are applied.
Grid-connected energy storage deployments have enjoyed a compound annual growth rate (CAGR) of 74% worldwide in the years 2013 to 2018, with a “boom” in deployment figures expected over the next five years, analysis firm Wood Mackenzie has said.
The ‘world’s first dedicated energy storage infrastructure fund’ will invest in California battery energy storage projects, with Macquarie set to sell 50% of a 340MWh tranche to the fund’s owner, SUSI Partners.
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.
Managing investor expectations and monetising demand for flexibility are key to future-proofing the industry's business case, financiers stress at Energy Storage Summit.
Belgian C&I project combines front- and behind-the-meter battery capabilities in Virtual Power Plant
Next Kraftwerke, offering ‘Virtual Power Plants-as-a-service’, will integrate a 2MW/2MWh battery at the premises of a commercial customer which will be integrated to offer both front-of-meter and behind-the-meter benefits.
Halfway through 2018 and large-scale battery storage in the UK has reached over 450MW installed capacity, with around 250MW being completed this year alone. This is made up of projects bigger than 1MW, including larger behind the meter projects that have begun to emerge.
After reporting last week on the findings from EMMES, the European Market Monitor on Energy Storage from Delta-ee and trade association EASE, which demonstrated a big rise in installations by MWh in 2017 across the continent, we delved further behind another record-breaking year with the report’s lead author, Valts Grintals of Delta-ee.
While research published this week demonstrates that the US as a whole is embracing energy storage technology, with regulator FERC's recent wholesale market ruling likely to have a "significant impact", the picture varies greatly when looking from state-to-state, an analyst has said.
It is “100% certain” that a solid business case exists for commercial and industrial (C&I) users of electricity in Britain, a financier has said.