Articles tagged with: Analysis
20 Jan 2021, 13:37
The amount of corporate funding coming into the global battery storage industry in 2020 was more than double the amount the previous year, with over US$6.5 billion raised last year compared to around US$2.8 billion in 2019.
20 Jan 2021, 04:56
Renewable energy uptake and the falling costs of battery energy storage are “inexorably linked” as the global economy faces a crucial decade ahead in its urgent need to decarbonise, according to work by McKinsey & Company.
5 Jan 2021, 14:13
System integrators - companies that create large-scale and commercial and industrial battery energy storage system (BESS) solutions to order - have driven the market’s rapid growth so far but face a diversifying landscape marked by competition and consolidation in the years ahead.
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Analysis
29 Dec 2020, 08:30 • By Andy Colthorpe
A year in webinars, presentations and panel discussions that you can watch on our Youtube channel right now.
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Editor's blog
28 Dec 2020, 08:30 • By Andy Colthorpe
Here’s the top-ranking blogs from 2020 on the website, based on page views.
21 Dec 2020, 08:00
The cost of Lithium-ion battery packs has fallen close to 90%, and rates lower than US$100/kWh have been reported for the first time, foreshadowing rapid declines across the energy storage market.
16 Dec 2020, 06:19
The award of contracts to battery storage developers in a recent auction by Italy’s transmission system operator proves the technology’s competitiveness in providing grid services once again, an analyst has said.
7 Dec 2020, 13:02
Around 2.1GWh of battery storage had been installed in Germany by the end of 2019, in households, at commercial and industrial (C&I) facilities and at large-scale in grid-connected applications.
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Analysis
30 Nov 2020, 06:08 • By Matthias Simolka, Madjid Kübler, Jens Völler
What are the roles of battery storage and hydrogen in the clean energy system of the future? Matthias Simolka, a consultant at Germany-based TEAM CONSULT takes a look at the roles each plays today and where we might see the dynamics go from here, with regard to everything from large-scale renewables integration to electric transport.
25 Nov 2020, 09:32
Solar PV combined with energy storage represents a “zero-emissions threat” to gas generation in the US, according to a new report from BloombergNEF.
11 Nov 2020, 10:06
While European power markets outpace the US and China for renewable energy deployment, the continent’s policymakers are yet to recognise the importance of energy storage for integrating that capacity onto the grid, new research from Wood Mackenzie Power & Renewables finds.
9 Nov 2020, 08:30
Germany’s draft renewable energy laws, which the government is seeking to introduce next year, have been heavily criticised by energy storage systems association BVES.
3 Nov 2020, 09:20
It would be “feasible and cost-effective” to retire more than a gigawatt (GW) of gas and fuel oil peaker plant capacity on New York’s densely populated Long Island within three years, according to a new study.
28 Oct 2020, 06:47
A new report co-authored by energy expert Tony Seba predicts that the combination of solar and wind energy with batteries could undercut and disrupt the existing global energy system with “the cheapest power available” over the next decade.
22 Oct 2020, 12:04
The latest annually-published figures from financial advisory and asset management firm Lazard show that the on the levelised cost of energy storage (LCOS) continues to fall, with solar-plus-storage becoming increasingly price competitive.
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Analysis
22 Oct 2020, 10:14 • By Johan Söderbom
Following our recent webinar on ultra-capacitors and the role they could play in the energy transition, Johan Söderbom, EIT InnoEnergy’s thematic leader for energy storage and smart grids, explains the deepening connection between wind power and ultra-caps.
15 Oct 2020, 14:11
Energy storage technology provider and system integrator Fluence has acquired Advanced Microgrid Solutions, the California company known for its artificial intelligence (AI)-driven optimisation software platform for energy storage and flexible generation assets.
7 Oct 2020, 10:16
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.
5 Oct 2020, 13:36
Energy storage including short duration and seasonal technologies ranging from lithium batteries to hydrogen could help mitigate the impacts of negative power prices in Europe, an analyst has said.
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Analysis
30 Sep 2020, 11:54 • By Andy Colthorpe
In this final piece of in-depth Battery Day coverage, let’s take a closer look at the technology, manufacturing techniques and value chain improvements Elon Musk and Drew Baglino talked about.
25 Sep 2020, 10:19
A multi-gigawatt co-location market looks set to take off within the next five years, however uncertainty over DC coupling, the need for costly symmetric grid connections and outdated regulatory frameworks risk stymying the market’s growth.
7 Sep 2020, 13:16
Reports into the performance of two large-scale battery energy storage systems (BESS) in the Australian state of Victoria have been published, showing that both performed as expected, or better, in 12 months of operation.
18 Aug 2020, 09:07
The market for grid-connected energy storage will defy the “headwinds” caused by the coronavirus pandemic on industries across the world, analysis firm IHS Markit has predicted.
21 Jul 2020, 12:16
The US utility-scale energy storage market is projected to maintain its position as the world’s largest and fastest-growing in the coming years, according to a new report from Guidehouse Insights.
6 Jul 2020, 11:42
A combination of residential solar, storage and smart controls could "dramatically reduce" evening peak grid usage at homes in Britain.
25 Jun 2020, 09:17
Coal retirements, liberalised energy markets and declining costs continue to improve the business case for energy storage in Australia, but the coronavirus pandemic is among factors creating uncertainties and risks, new research has found.
22 Jun 2020, 07:00
Industry commentators have expressed shock and surprise that NEC Corporation’s Energy Solutions business has been wound down, while an analyst said the reasons for the energy storage system integrator’s demise are likely to go back further than the COVID-19 pandemic.
9 Jun 2020, 06:27
Lithium-ion cell prices will fall by around 46% between now and 2029, according to new analysis from Guidehouse Insights, reaching US$66.6 per kWh by that time.
5 Jun 2020, 12:39
Analysis firm Wood Mackenzie has held onto its forecast that the US will deploy around 7GW of energy storage annually by 2025 and found that 97.5MW / 208MWh of storage was installed during the first quarter of this year.
22 May 2020, 08:09
The business case for behind-the-meter (BTM) battery storage in Australia appears to be positive, according to a University of Queensland report on the performance of a 1.1MW / 2.15MWh Tesla battery energy storage system (BESS).