Changes to the de-rating factors for battery storage projects competing in the UK's Capacity Market (CM) will push the sector towards longer-duration batteries, while potentially sparking a shift towards energy arbitrage as a source of revenue for shorter duration applications. David Pratt heard from several industry sources following last week's announcement.
Future battery energy storage projects in the UK have been hit with a major blow after the government published its intention to lower the de-rating factor in capacity market auctions by almost 80% for 30 minute duration batteries.
Panellists at the opening day of Solar and Off-Grid Renewables Southeast Asia event in Bangkok warned that investors who come on board quickest are going to gain a huge advantage as solar-plus-storage starts to become viable at scale.
Anesco is investigating how it could adopt flow batteries into future projects instead of lithium as a response to growing uncertainty around the future of storage de-rating in the capacity market, Clean Energy News can reveal.
A US state-backed organisation is partnering with the government of Singapore to build and test up to three energy storage systems using a variety of technologies on the island state.
EV manufacturer and battery specialist Tesla Motors has reported strong results with a return to profit in Q3 this year and expectations of this positive performance to continue into Q4.
The rapid march of energy storage batteries into the energy system is one element of a wider market transformation that is “terrifying some players as much as it is thrilling others,” according to the new chair of the Australian Renewable Energy Agency (ARENA) Martijn Wilder.
As more and more Australians look to energy storage solutions, a set of installation guidelines from the Clean Energy Council (CEC) has been released for industry and consumers which will be mandatory for installers accredited by CEC schemes by October.
Two initiatives have got underway in Europe, one in Germany and the other in Britain, aimed at accelerating battery development for electric vehicles and stationary storage respectively, while vacuum cleaner company Dyson has pledged a US$1.44 billion commitment to batteries – for cordless cleaning devices.
Placing a battery onto the grid is an economic investment. Matthew Hunt from the UK’s Chargesync discusses strategies for extracting the maximum value from devices and systems through optimising performance.
Lilia Xie of Lux Research spoke with the founders of 24M, which claims to have reduced lithium cell costs by 50% over existing technologies and is targeting US$100 per kWh by 2020.
Many in solar and other renewable energy industries are looking ahead to a future defined by self-consumption of on-site generated power and energy storage. As a key part of that, the role of the inverter is changing.
Tesla’s much talked about Gigafactory should be up and running in 2017. PV Tech Storage spoke to analyst Dean Frankel of Lux Research about some of the details and talking points of the EV maker’s ambitious plan to hit ‘500,000 battery packs by 2020’.
Tesla’s lithium-ion ‘Gigafactory’ will be built in Nevada, after company officials including chief executive officer Elon Musk appeared alongside the US state’s governor at a press conference held yesterday afternoon.
US space exploration agency NASA is considering proposals for four different energy storage systems, submitted by academic institutions and private companies that could power its future robotic and human missions to space.
The Karlsruhe Institute of Technology (KIT) has inaugurated a test centre at its northern campus that will pair a 1MW solar array to 100kWh of lithium-ion battery-based energy storage.