News in brief from around the world in energy storage.
North America is currently leading the world for utility-scale energy storage deployments, but could be overtaken by the second-largest market, the Asia-Pacific region, as early as 2023, according to forecasting and analysis by Guidehouse Insights.
With Japanese companies keen to learn from their counterparts in deregulated energy markets such as the UK, the Japan Energy Challenge provided the ideal forum for exchanging ideas. Andy Colthorpe reports.
For Japan, the famous 4Ds of the energy transition - creating a distributed, decarbonised, decentralised and digitised grid - will involve a huge scaling up of smart solutions on a market basis, various sources have told Energy-Storage.news.
US software and data company Autogrid has continued its roll-out of solutions into Japan’s evolving electricity market, joining a virtual power plant (VPP) project that could add more than 10,000 assets by the end of 2021.
Tokyo’s main power company is using blockchain distributed ledger technology to assess how customers on its new renewable energy tariffs could use solar, batteries and electric vehicles to trade energy via the grid.
Thanks to “innovative business models” and the combination of PV with batteries, Japan’s “solar boom” is far from over, market expert Izumi Kaizuka of RTS PV has said.
Andy Colthorpe caught up with Moixa CTO Chris Wright to hear about how a tie-in with trading company ITOCHU and the Ministry of Economy, Trade and Industry (METI) is creating smarter energy networks in Japan using solar, batteries, electric cars – and Moixa’s GridShare software platform.
As Japan’s heavily regulated energy markets continue a process of liberalisation and supposedly increasing consumer choices, utility TEPCO has launched a smart electricity tariff enabled by the capabilities of residential battery storage.
Utility NV Energy has awarded contracts in the US state of Nevada for over 1,000MW of renewable energy projects – including a 420MW-dc solar farm – and has also requested approval for 100MW of energy storage.
The CEO of ‘intelligent energy storage’ provider Stem Inc, has said a recently-awarded project in Japan will lean on business models the company has used in the US, while artificial intelligence (AI) technology makes that same transference possible.
Carsten Reincke-Collon of Younicos continues his look at the potential - and limitations - of using blockchain in the energy system. This second part covers how energy storage and storage management software could be the key to the 'puzzle'.
Major Japanese business and government entities have extended their involvement in energy storage with the announcement of the country’s first virtual power plants, an investment in a US frequency regulation project and partnerships on technology.