Experts Frank Burke from the Irish Energy Storage Association and Bernice Doyle of Statkraft Ireland talk about the growing need for energy storage, how the market has rapidly developed so far and what it needs to look like to achieve a stable, decarbonised and secure energy system on the island of Ireland.
Stem Inc’s shares begin trading on the New York Stock Exchange today, after the “artificial intelligence-driven clean energy storage services” company completed its business combination with special purpose acquisition company (SPAC) Star Peak Energy Transition Corp.
Paris-headquartered renewable energy power producer Voltalia has begun construction of a 32MW / 32MWh battery energy storage system (BESS) project in the UK.
In the first part of this interview with Swell Energy CEO Suleman Khan we heard about how Swell Energy has been working to ‘productise’ the virtual power plant proposition: making it attractive to utilities and to their end-customers and then wrapping that into a long-term agreement. This time out, we speak to Suleman about some of the finer details of the VPP proposition and where he thinks the market is heading.
RWE Renewables’ first European battery energy storage system (BESS) - an 8.5MWh project - has gone live in Dublin, Ireland.
As society moves away from centralised fossil fuel generators to increasing shares of distributed renewable energy resources, the idea that customers’ homes could become host to virtual power plants (VPPs), joining the dots between electricity supply and demand across the grid, has gradually gathered traction. Andy Colthorpe speaks with Suleman Khan CEO of Swell Energy, which has raised nearly half a billion dollars in financing for solar-plus-storage VPPs in 14,000 homes across California, New York and Hawaii.
Decision-makers across Canada now recognise the value that energy storage can bring to the grid, with Ontario’s grid operator establishing its first-ever set of market rules for energy storage’s participation.
The CEO of US virtual power plant provider Swell Energy has said that New York utility company Con Edison has been “very progressive” in recognising the value that aggregated home battery systems paired with solar can offer.
The new episode of the Solar Media Podcast, sponsored by Honeywell, is now available stream, as we take a look at US Energy Secretary Jennifer Granholm’s in-tray and explain why solar module prices could be set for a short-term price increase.
The editorial team brings you the top takeaways from this year’s Summit, spanning everything from finance and the growing appetite for investment in the market today, to the technologies and policies that could help the UK and other nations to meet urgent deadlines for decarbonisation.
The battery storage market in the UK has become a viable investment opportunity in just the past few months, even without the backing of long-term contracts for grid services, according to an investment manager in the renewable energy sector.
With the current tariff framework for energy storage in Ireland set to come to an end in April 2023, there is scepticism over the support that will follow.
Ireland's first grid-scale battery system was commissioned at the beginning of 2020 but was followed just a few months later by another one 10 times larger. The opportunities for further development in the country appear huge, with a grid operator willing to recognise the role energy storage can play in balancing the network.
The February 2021 episode of the Solar Media Podcast is now available to stream and asks the question: Could solar energy deployment in 2021 top 200GW?
Battery storage was called into action in Britain after a newly-inaugurated interconnector with France tripped.
SimpliPhi Power has made some bold choices in the decade that the company has been active, leveraging key technologies to “satisfy different pain points around energy". Andy Colthorpe hears from CEO Catherine Von Burg about why chemistry matters in the push for clean energy.
EDF is set to optimise Gresham House Energy Storage Fund’s 50MW Wickham Market lithium-ion battery site.
A 100MW battery storage facility in Co. Offaly in Ireland has this week been energised, having been developed as part of a partnership between local developer Lumcloon Energy and South Korea's Hanwha Group.
Swell Energy, a provider of distributed energy storage systems headquartered in Southern California, is seeking to develop four virtual power plants (VPPs) by mid-2023, through aggregating 100MW of solar PV with 200MWh of battery storage capacity at customer sites.
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.
A new three-year project allowing residential solar and batteries to trade electricity and grid services in Victoria, Australia, is aimed at creating a replicable model marketplace that could be widely expanded across the country.
A new market for providing ancillary services to the UK’s grid has been highlighted as more valuable in its first seven weeks of operation than any other frequency response service run by the network operator, National Grid ESO.
News in brief from around the world in energy storage.
News in brief from around the world in energy storage.
ROUNDUP: ARPA-E funding for sodium ion, ENGIE in big Italy V2G, Enel X partnership to take on Canada
More news in brief from around the world in energy storage.
A provider of home battery storage systems aggregated via an artificial intelligence (AI) platform has won the first ever fully domestic weekly Firm Frequency Response (FFR) contract with the UK’s transmission network operator, National Grid ESO.
Lynn Jurich, CEO at major US residential solar installation and leasing company Sunrun has spoken of the big opportunity for aggregated solar-plus-storage systems to provide grid services and in doing so help lower the cost of installations.
While energy storage is still a small part of their respective businesses overall, recent quarterly financial reports from US-based geothermal company Ormat and standby generator maker Generac emphasised expectations of market growth going forwards.
FERC Order 841 looks set to allow distributed storage to participate in wholesale markets in the US. Energy-Storage.news has collected a wide range of reactions and views from industry participants on what it means.
The value of energy storage increases with growing shares of renewable energy on the grid, but the availability and cost of storage will determine how successful decarbonisation with renewables can be.