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.
The way the industry talks about batteries needs to change, SolarEdge founder Lior Handelsman has said, arguing that knowing the number of cycles of charge and discharge a battery can perform in its lifetime is essentially “meaningless”.
Standalone energy storage can challenge new gas peaker plants as a "mainstream" option in the US right now, Fluence has said.
While the relationship between renewable energy and energy storage is a close one, combining storage with natural gas is also an important stepping stone measure in the transition to 100% renewables, Energy-Storage.news has heard.
Advisory and certification house DNV GL is supporting Turkish plans to source 30% of total electricity generated in the country from renewable sources, carrying out a feasibility study for combinations of solar PV and energy storage.
Voltstorage, a German company founded in Munich in 2016, is launching a vanadium-redox-flow (VRF) energy storage system aimed at the residential market.
While decreases in costs continue to make energy storage more and more competitive, financial advisory and asset management firm Lazard has highlighted just how variable project economics can be, citing examples of US projects with 9%, 11% and 21% IRR (internal rate of return).