Talen Energy Corporation, a US power and infrastructure development group with 13GW of mostly fossil fuel assets in its portfolio to date has said that it is developing a gigawatt of battery storage projects.
What could you do with a battery that can store and discharge energy for 150 hours and do it cost-effectively? CEO and co-founder Mateo Jaramillo was happy to speak with Energy-Storage.news’ Andy Colthorpe about the applications and market opportunities Form Energy is targeting.
The repercussions of Texas' Winter Storm events in February, may be felt for years. Scott Burger, Annie Baldwin, Jason Houck and Marco Ferrara at long-duration energy storage start-up Form Energy discuss how in-depth system modelling of current and future grids offers some early takeaways which might help prevent the next crisis and how multi-day energy storage could play a leading role.
Cryogenic long-duration storage company Highview Power raises US$70m to take on baseload fossil fuel
A US$70 million funding round has been successfully closed by Highview Power, a UK-headquartered company which has developed a liquid air energy storage (LAES) system called the ‘CRYOBattery’.
A plan to invest CA$2.5 billion (US$1.97 billion) in the clean energy economy by the Canada Infrastructure Bank could lead to involvement in one of the world’s biggest battery energy storage projects so far.
Australian startup Vast Solar said it has picked a site in Queensland where it could develop a AU$600 million (US$427 million) power plant combining different low emissions technologies to provide baseload power cost-effectively over a 30-year lifetime.
Wärtsilä has been contracted to deliver a hybrid solution combining battery energy storage with liquid petroleum gas (LPG) and light fuel oil (LFO) engines on the US Virgin Islands.
There exist opportunities for flow batteries to target areas of the market lithium-ion “can’t provide in an economically justifiable way,” the chief commercial officer of Invinity Energy Systems has said.
“The elimination of solar energy’s intermittency and ensuring its 24-hour availability at grid-competitive cost is the holy grail and RayGen has found it”.
The state-owned Solar Energy Corporation of India (SECI) issued at the beginning of the month a tender for 1,200MW of renewable power that can be used to alleviate peak demand issues on the grid, in effect mandating the use of energy storage systems (ESS).
A key missing piece in the clean energy puzzle is the question of how to provide baseload power in an electricity system dominated by intermittent renewables. Javier Cavada of Highview Power examines cryogenic long-duration storage as a possible solution.
Nova, an Edinburgh-headquartered firm has claimed a world first in pairing Tesla batteries with its own tidal energy turbines in Scotland, supported by government funding.
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.
Islands around the world provide ideal conditions for trialling new approaches to energy provision. David Pratt reports on some of the work going on globally to bring the benefits of cutting-edge renewable energy, storage and smart grid technologies to the world’s geographically isolated communities. To be continued later this week on Energy-Storage.news.
A European consortium is to test the use of long duration storage flow machine technology with a large scale tidal energy project planned for the UK later this year.
Australia’s biggest utility AGL, which has committed to phasing out coal by 2050, has said it is likely to replace the capacity provided by one ageing power station with batteries, peaking plants, demand response and pumped hydro.
Ontario’s successes in creating and fostering a market and industry for energy storage owes a lot to policy makers taking a coherent, long-term view of its entire energy sector, according to a representative of Canada’s only energy storage trade association.
Thin-film PV manufacturer and project developer First Solar is among the investors in a US$50 million funding round for grid-scale storage specialist Younicos, with the money raised set to fuel the latter’s expansion.
James P McDougall, CEO of Younicos blogs on the possibilities of establishing a solar-oriented baseload - and why his company is convinced of the scaling potential of utility-scale batteries.
Just 3–4% of electricity generated by utilities globally is stored today, according to the International Energy Agency. This is despite the fact that storage can help overcome the energy ‘trilemma’ of curbing rising energy prices, the need to ensure the security of supply and creating a low carbon economy. So, what’s the hold-up? Taking the UK as his starting point but with lessons transferrable to other regions, Roger Lin of NEC Energy Solutions explains and counters some of the myths that stand in its way.