It's by no means too late to introduce an effective Investment Tax Credit for energy storage, ESA CEO Kelly Speakes-Backman argues.
By the middle of the 2020s, using hybrid ‘portfolios’ of batteries and renewable energy sources will economically outperform existing gas power plants, while the combination of technologies is already cost-competitive with building new gas plants, a new report from the US-based Rocky Mountain Institute has said.
Energy-Storage.news editor Andy Colthorpe shares his top takeaways from last week's Solar Power International convention, incorporating Energy Storage International and hosted this year at the North American Smart Energy Week in Utah.
We talk about how solar and storage can be competitive with fossil fuels, how Solaredge is maintaining its own competitive advantage as well as some exclusive inside info on the company's forthcoming residential battery energy storage systems.
Having bested coal generation and gas peaker plants, solar-plus-storage is now competing with gas in other parts of the generation mix.
Intended to “kick start concrete projects”, the European Commission is set to allocate a further €200 million (US$235.53 million) towards supporting the scale-up of lithium battery manufacturing on the continent.