The devastating power crisis in Texas last month proved the value of the energy storage market, particularly distributed models, according to a panel of renewables investors this week.
Based on the value it provides to grids as shares of renewable energy grow, energy storage is a “very exciting market,” the VP of Goldman Sachs Renewable Power has said.
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 success of an auction for fast reserve grid services held by Italy’s transmission system operator (TSO) indicates a strong appetite for battery storage, but market rules and regulations need some revision to capture that opportunity.
Participation in the UK's recently-launched Dynamic Containment (DC) frequency response service has exceeded 400MW of assets with the enrolment of investment fund Gore Street Capital's 9MW Port of Tilbury battery storage project by optimiser Origami Energy.
A look at this morning’s Energy Storage Summit 2021 keynote discussion, 'What is the key for really making money from batteries?' and the panel's thoughts on the increasingly complex range of revenue pathways.
Battery storage systems can deliver multiple services and provide customers and sites with backup power, but their value in doing so remains largely dependent on “highly sophisticated” software.
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.
Mexico’s economy, international competitiveness and quality of power on the electric grid - as well as its environment - could be given a serious boost if battery energy storage systems were given a greater chance to contribute, a developer of projects based in the country has said.
National Grid ESO, the electricity system operator tasked with keeping the lights on in the UK, is looking to enable multiple application stacking for providers of a new frequency response service that also participate in the national Balancing Mechanism.
A large-scale vanadium redox flow battery (VRFB) demonstration project in California which has been providing grid services on a commercial basis will now also trial the use of the technology for microgrid applications.
Google is investing in battery energy storage to serve as a backup power solution at one of its data centres, in a project described as a first step in changing data centres “from climate change problems to critical components in carbon-free systems”.
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.
There are 7GW of battery energy storage projects that have either been proposed or are in the planning process in Australia, with the average project in that pipeline sized at around 150MW.
While European power markets outpace the US and China for renewable energy deployment, the continent’s policymakers are yet to recognise the importance of energy storage for integrating that capacity onto the grid, new research from Wood Mackenzie Power & Renewables finds.
A grid-forming project in South Australia combining power electronics and battery storage to integrate wind and solar at a site near the end of a 120km 33kV transmission line is being replicated worldwide, the Head of Grid Edge Solutions at Hitachi ABB Power Grids has said.
The grid operator for the Canadian province of Alberta’s forthcoming technology pilot for fast frequency response services is a “step in the right direction” to enable energy storage deployment, but current regulatory conditions present barriers to maximising the value of batteries and other storage, Energy-Storage.news has heard.
The locations for three ‘community battery’ projects have been announced by Australian electricity distribution company Ausgrid, set to be deployed next year.
Reports into the performance of two large-scale battery energy storage systems (BESS) in the Australian state of Victoria have been published, showing that both performed as expected, or better, in 12 months of operation.
The largest battery storage project to be owned by a local government authority in the UK, the 30MW Fideoak project, required a novel software solution to ensure that the best return and maximum impact could be made with public money invested, as Thomas Jennings of Kiwi Power explains.
Standards, guidance and best practice relating to the installation and deployment of battery storage are often talked about in the industry, and rightly so. What is perhaps less often focused upon, is evaluation of the battery equipment itself before it even leaves the factory. PI Berlin’s Benjamin Sternkopf and Ian Gregory speak about their new lithium cell assessment service.
An analytics platform developed by India-headquartered startup ION Energy will help US project developer esVolta improve operational efficiency across its near 600MWh portfolio of battery storage systems.
Q CELLS will acquire US energy storage software company Geli, as the solar company targets becoming a complete provider of “smart energy solutions”.
The investment case for battery energy storage has really come of age and Ben Irons at grid-scale battery optimisation company Habitat Energy explains why, in this webinar and Q&A.
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 Australian Energy Market Commission (AEMC) announced today that five minute settlement windows for spot prices in the National Electricity Market (NEM) will be implemented from 21 October 2021.
Batteries can offer a cost-effective option for upward and downward reserve to the UK grid, a project run by AI and automation tech firm Arenko with transmission network operator National Grid ESO has found.
Battery system integrators must navigate a broad array of technologies and varying market drivers when putting systems together. Andy Colthorpe speaks to Powin Energy and Sungrow about the engineering challenges involved in building lithium-ion battery storage.
UK aggregator Kiwi Power is launching a ‘co-optimisation’ offering as it warns that relying on fast frequency response (FFR) could risk half of potential revenues.