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.
Phase-out plans of US utility giants underscore money-saving potential of cleaner alternatives, says think tank.
This year has already seen “significant acceleration” of activity in the global grid-connected energy storage market, with 4.3GW expected to be deployed this year, analysis firm IHS Markit has said.
Volume 19 of PV Tech Power has just hit the (digital) shelves and once again the quarterly technical journal from our publisher Solar Media includes ‘Storage & Smart Power’, the dedicated section created and curated by Energy-Storage.news.
Grid-connected energy storage deployments have enjoyed a compound annual growth rate (CAGR) of 74% worldwide in the years 2013 to 2018, with a “boom” in deployment figures expected over the next five years, analysis firm Wood Mackenzie has said.
A push to establish an Investment Tax Credit (ITC) for energy storage has not only been welcomed by clean energy advocates and the industry, but might also meet the some stated aims of the Trump administration’s energy policies, an analyst has said.
A contract with utility Southern California Edison (SCE) has led to Advanced Microgrid Solutions (AMS) supplying 2GWh of grid services from just 60MWh of energy storage during 2018, with one analyst dubbing the feat an “impressive milestone”.
In the hierarchy of grid needs, peaking power is often a priority in terms of providing resiliency and balance to the network. This is usually provided by natural gas turbines, which come at a high environmental and economic cost. Andy Colthorpe charts the rise of the solar-plus-storage peaker plant.
Energy storage enjoyed another record-breaking year of deployments in the US in 2018, while the residential segment is now “moving beyond early adopters” and into commercial viability, a report from Wood Mackenzie Power & Renewables claims.
Following the fourth annual Energy Storage Summit hosted by Solar Media in London this month, Solar Media Market Research analyst Lauren Cook discusses recent trends in the UK market.
Legislators in Minnesota have begun the first steps to establishing fair or optimal market conditions for the deployment of energy storage, setting out rules for determining the value of storage to the network.
We hope you've enjoyed our series looking back on last year's challenges, milestone and successes and looking ahead to a busy 2019. After featuring a range of views from industry participants and experts, now it's my turn to throw out some predictions for the year ahead...
In another eventful and exciting year, Energy-Storage.news has been able to capture conversations and interviews with leading industry figures.
Cloud-aggregated virtual power plants using residential or C&I battery storage as part of a smart energy management system can benefit the grid, integrate renewables and EVs and hopefully add a powerful long-term value proposition for home storage. Andy Colthorpe and David Pratt report on how some of the UK’s first VPP projects are proving the concept.
Nevada could cost-effectively deploy between 750MW and 1,000MW of energy storage by 2030, according to an economic study commissioned by the state’s rulemakers to investigate the potential for the technology.
The US deployed 42% megawatts more energy storage in the second quarter of this year than in the first, with residential installations overtaking utility deployments for the first time.
US utilities deployed more than 520MWh of energy storage on their networks in 2017, bringing the country’s cumulative installed capacity of grid-connected energy storage systems to over 1GWh, trade organisation Smart Electric Power Alliance (SEPA) has found.
Islands around the world provide ideal conditions for trialling new approaches to energy provision. David Pratt reports on how cutting-edge renewable energy, storage and smart grid technologies are being rolled out to geographically isolated communities. Part 2 of this feature article continues with a look at how some of these projects could provide real-time lessons for the global clean energy transition.
VC funding for battery energy storage companies in the first half of this year has already exceeded 2016’s total and looks on the way to bettering 2017, with US$539 million raised across 29 deals.
The market for power conversion systems (PCS) used in energy storage is becoming “increasingly crowded” with competitors, while the diverse field of players will contribute to “rapid technological innovations and price reductions”, Navigant Research has said.
In the second part of our interview with Valts Grintals, analyst at Delta-ee we discuss why behind-the-meter energy storage, including commercial and industrial (C&I) and residential installations, contributed so much to the market’s recent success.
Commercial and industrial (C&I) energy storage in Europe, described by one analyst as “beginning to take off”, is the “most exciting” segment of the market at the moment, according to BYD’s global service partner.
A veteran of Kenya’s renewable energy industry has argued strongly in favour of lead acid batteries over lithium-ion, in response to a recent Energy-Storage.news article on off-grid solar PV in Africa.
First developed by NASA, flow batteries are a potential answer to storing solar – and wind – for eight to 10 hours, far beyond what is commonly achieved today with lithium-ion. In the first of a two-part special report, Andy Colthorpe learns what the flow battery industry faces in the fight for commercialisation.
The residential energy storage market in the US has just enjoyed one of its biggest growth spurts so far, although action is mostly centred in specific states with supportive policies and conditions.
Volume 15 of PV Tech Power, from our publisher Solar Media, has just hit the virtual shelves - and the quarterly technical journal is free to download from the PV Tech site.
The commercial and industrial segment is one of the most promising sub-sectors of the energy storage space. Julian Jansen of IHS Markit describes recent efforts to model the US C&I storage landscape and what it reveals about this dynamic emerging market. As told to Andy Colthorpe.
The US is expected to remain the world’s biggest market for energy storage until 2022, with China its closest rival, GTM Research has said.
Already this year we’ve been able to learn directly about the energy storage market in Europe from the Energy Storage Summit in London at the end of February and Energy Storage Europe in Dusseldorf, which just took place last week. Andy Colthorpe summarises what he's seen and heard.
While research published this week demonstrates that the US as a whole is embracing energy storage technology, with regulator FERC's recent wholesale market ruling likely to have a "significant impact", the picture varies greatly when looking from state-to-state, an analyst has said.