Reducing peak demand for commercial and industrial (C&I) electric utility customers in Ontario remains a big opportunity for using battery energy storage to reduce costs and decarbonise, three partner companies working on a 2MWh project have said.
Industry voices in the UK have said that electricity market activity during the COVID-19 pandemic shows that the network will become prohibitively expensive and possibly unmanageable without the further rapid deployment of energy storage.
The business case for behind-the-meter (BTM) battery storage in Australia appears to be positive, according to a University of Queensland report on the performance of a 1.1MW / 2.15MWh Tesla battery energy storage system (BESS).
Home batteries in a South Australia delivered significant revenues from their first six months of participation in a virtual power plant to help balance the grid, even with only an initial 1MW - 2MW of aggregated customer systems participating.
A project to hybridise the energy supply of Fekola, a gold mine in Mali, Africa, with renewable energy and battery storage, will be supplied with a hybrid energy solution, including energy storage, by Wärtsilä.
The business models and technologies underpinning the development of stationary energy storage markets are evolving rapidly. Dr. Kai-Philipp Kairies, Jan Figgener and David Haberschusz of RWTH Aachen University look at some of the key trends driving the sector forwards, in a paper which first appeared in PV Tech Power's Energy Storage Special Report 2019.
The importance of balancing and improving electric grids is opening up pathways to the deployment of utility-scale energy storage, according to a Guest Blog from SMA Solar Technology, published this week on PV Tech Storage.