The growth potential of energy storage has drawn interest from some of the biggest names in the power business and beyond. With the trend set to continue, Andy Colthorpe explores how three recent acquisition targets are faring under new ownership.
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.
While a tranche of seven solar-plus-storage projects under proposal in Hawaii would see renewable energy make its biggest competitive play against fossil fuels in the US island state so far, a project just completed will deliver energy well into the evening at just US$0.11 per kWh.
A proposal by Pacific Gas & Electric (PG&E), one of California’s three main investor-owned utilities (IOUs) to deploy large-scale energy storage to replace peaking natural gas plants has been approved by the state’s regulator.
While the relationship between renewable energy and energy storage is a close one, combining storage with natural gas is also an important stepping stone measure in the transition to 100% renewables, Energy-Storage.news has heard.
In the past week, developer RES Group has just got a front-of-meter battery project underway for a utility company in northern Germany, while storage system provider Tesvolt has just signed a deal with another utility in the European country to distribute energy storage behind-the-meter for commercial customers.
Projects being delivered for the University of Hawaii will allow various campus buildings to eliminate 70% to 100% of fossil fuel use as the state races towards its 100% renewables by 2045 target.
Consultancy and engineering firm Pöyry has been chosen to operate energy storage systems as part of a ‘cleantech showcase’ project, creating smart energy systems upon a cluster of Finnish islands.
Investment giant Goldman Sachs will invest US$150 billion in renewables by 2025, including energy storage as a key part of this commitment, it has said.
Europe’s largest energy storage battery project could conceivably also be its best looking, as these pictures show. The two companies behind the project, which saw a large-scale energy storage system deployed in the small German village of Feldheim, also decided to call on professional street artists and invited schoolchildren to get involved with designing the outside of the system’s enclosure.
The International Renewable Energy Association (IRENA) recently released its electricity storage technology roadmap, looking at how electricity storage can support the increased deployment of renewable energy.