Concerns around financing ran throughout the Climate Investment (CIF) Funds Energy Storage in Emerging Markets: The Next Frontier event.
Vanadium producer Bushveld Minerals has offered its backing to the merger of UK energy storage provider redT with US vanadium redox flow battery maker Avalon Battery, providing a loan to help the deal get over the line - and to help its own vertical integration ambitions.
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.
Australia’s strong and ongoing potential for energy storage paired with solar PV has seen international and domestically-headquartered companies race to gain market share.
At 4:52pm on Friday 9 August 2019, the UK suffered its first wide-scale blackout in more than a decade. More than 1.1 million consumers were plunged into the dark as rail lines screeched to a halt, traffic lights failed and even airports reported problems. Liam Stoker looks at the root causes, and how battery storage came to the rescue.
60MW of energy storage developed by Fluence and Sembcorp Energy UK has come online, lauded as one of the largest transacted fleets of its kind in Europe.
Batteries are increasingly widely used in grid balancing, but there are many more applications where a battery can play an important role. With electric grids requiring periodic maintenance, batteries can stand in for the grid during downtime in order to reduce the impact on industry and households, writes Dieter Castelein.
The recent flurry of energy storage project announcements from Massachusetts have been driven in part by a “common sense” approach to tackling the dirtiest impacts of fossil fuel generation, Energy-Storage.news has heard from industry figures.
The business models and technologies underpinning the development of stationary energy storage markets are evolving rapidly. Dr. Kai-Philipp Kairies, Jan Figgener and David Haberschusz of RWTH Aachen University look at some of the key trends driving the sector forwards, in a paper which first appeared in PV Tech Power's Energy Storage Special Report 2019.
GE Renewable Energy, an arm of the US engineering giant, will supply 100MWh of battery energy storage systems (BESS) to three projects being developed by Convergent Energy + Power in California.
Energy Storage Special Report 2019, from the editorial teams behind Energy-Storage.news and PV Tech, brings you no less than seven feature articles and technical papers looking at everything from the policy and regulatory initiatives that still need to happen, to bankability and profitability of ESS, system technologies and architecture, all the way to recycling and end-of-life care for batteries.
While sized only at 30kW, the successful installation of a battery energy storage system in Puebla, Mexico, is nonetheless being hailed as a milestone as it is claimed to be the first such system to deliver frequency regulation services in the country.
A new white paper from Wärtsilä Energy shows that being able to integrate and then optimise all of these different assets is the key to ensuring that your project - and your investment - is going to provide the maximum benefit, longest possible lifetime in the field - and the best business case. Risto Paldanius, Director of Business Development, Energy Storage and Integration at Wärtsilä told us a bit more about what optimization really means in today’s energy market.
The dramatic fall in cost, occuring alongside the mass roll-out of home storage systems in Germany since 2013, has highlighted the potential of decentralised batteries in virtual power plants to utility companies and grid operators.
As battery owners and operators seek to maximise the returns from their assets, they simultaneously face the Herculean challenge of managing degradation.
Form Energy has closed a US$40 million Series B funding round led by Eni.
GlidePath Power Solutions has acquired eight wind projects in North Texas serving the Southwest Power Pool.
Make no mistake - headlines in the mainstream press this week around Australia, climate change and energy are not positive. But enthusiasm at state level, where arguably politicians have closer relationships with their constituents, appears to run counter to apathy or even obstructionism from the top.
European energy company Vattenfall is combining a 22MW wind power plant with 38MW of solar PV at a hybrid project in the Netherlands, integrating the capacity with 12MWh of batteries from carmaker BMW.
Battery storage assets were called into action last week after the UK suffered country-wide power outages following a transmission system stress event.
BloombergNEF has predicted an exponential multiplying of non-pumped hydro energy storage installations around the world, culminating in nearly 3,000GWh of deployments by 2040.
Of the four projects, all in California, one has already closed financing.
Batteries are now one of a “huge variety of distributed energy assets capable of providing flexible capacity to the network”, but failure to manage them correctly will limit the market opportunities available, as well as the lifetime of the systems themselves, the data science head of UK flexible energy tech company Open Energi has said.
Georgia Power is set to boost its state’s battery energy storage sector, with the company's plan to own and operate 80MW of battery energy storage unanimously approved by the Georgia Public Service Commission (PSC).
Australia may be one of the leading major economies in terms of renewable deployments, but it’s woefully underprepared at a network level to actually make the transition...
Utility Georgia Power wants to own and operate 80MW of battery energy storage systems in its service area.
Analysis claims decarbonisation will require overall costs of US$4.5trn, US$2.5trn of it storage-related, as well as longer timeframes and leniency with natural gas and nuclear.
Standalone energy storage can challenge new gas peaker plants as a "mainstream" option in the US right now, Fluence has said.
The US National Renewable Energy Laboratory (NREL) has put numbers on the significant potential for energy storage to replace peaking capacity on the grid in the US, albeit with an understanding that as the peak changes, the goalposts will also move.
Quentin Scrimshire, head of energy storage at Kiwi Power, said the latest prices didn’t achieve the mechanism’s purpose, and instead only served to reward larger generators that would already be generating throughout the winter.