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.
US-based independent power producer (IPP) Broad Reach Power has said it will build 15 projects in Texas in 2020, each of them just under 10MW / 10MWh, with construction on six of them set to begin this summer.
SPONSORED: EDF are one of the largest aggregators of distributed flexible assets in Europe with significant presence in the UK, France, Germany and Belgium. Chris Regan, Head of Energy Trading Services, speaks to Energy-Storage.news editor Andy Colthorpe about EDF's view on battery storage and optimisation, the impacts of the pandemic on this market and what the future could look like.
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.
Merchant energy storage has become an investable asset class in the UK, a provider of battery optimisation services has said, with the market moving away from an emphasis on contracted revenue streams for supplying grid services.
Why the real competition is fossil fuels, which battery optimisation strategies yield the best returns and bringing safety rules and guidelines to the attention of first-responders are among the topics discussed on the latest special episode of the Solar Media podcast.
Enabling longer duration storage and non lithium-ion technology, what to do with the storage capabilities of electric vehicles and how the industry is overcoming regulatory hurdles were all key topics discussed at this year's Energy Storage Summit in London.
UK battery storage investor Gresham House has turned to EDF Energy and energy tech firm Upside Energy to optimise revenues from a 20MW storage project in the UK.
Batteries are now one of a “huge variety of distributed energy assets capable of providing flexible capacity to the network”, but failure to manage them correctly will limit the market opportunities available, as well as the lifetime of the systems themselves, the data science head of UK flexible energy tech company Open Energi has said.
Renewable energy and energy storage project developer Anesco has handed aggregator Flexitricity the keys to 19.5MW of battery assets, with the latter set to earn revenues from four different 'streams'.
The UK’s second subsidy-free solar farm, and the first by a local authority using battery storage, has been completed by West Sussex County Council in a project that ticked “every box” and will generate significant income over the next 25 years.
Uninterruptible power supply (UPS) provider Vertiv is to use energy flexibility specialist Upside Energy’s cloud-based platform to enable its customers to provide unutilised energy to the UK electricity grid.
Battery assets have been used in the UK's Balancing Mechanism for the first time via a virtual power plant, marking the start of what could be a new era for energy storage business models in Britain.
There is a perception that “batteries cannot be long life assets”, but it depends very much on how they are designed and used, Dr Marek Kubik of Fluence has said, in a video interview with Energy-Storage.News.
The launch of an energy storage ‘as-a-service’ model by lithium battery pioneer Younicos is a “truly mobile offer” the company has said, based around renting assets to clients over two- to four-year contracts.
UK demand response and energy resource aggregation company Kiwi Power has unveiled its largest behind the meter battery to date with the completion of the 4MW / 4.8MWh Tesla battery at Cenin Renewables in south Wales.
Steps taken in California to enable energy storage systems to provide multiple services and to ‘stack revenues’ are “an essential starting point” for the industry, the head of California’s Energy Storage Alliance (CESA) has said.
The digital ledger system blockchain has been both praised and misunderstood in equal measure and its relationship to the physical world of electrons is at its earliest stages of exploration. In the latest ‘Storage & Smart Power’ section of PV Tech Power, Carsten Reincke-Collon, CTO of Younicos looks at how energy storage and management software will interact with blockchain-led or blockchain-like systems of data processing and recording.
Eelpower has commissioned a 10MW battery energy storage system (BESS) in England, backed with both frequency response and capacity market contracts, in the first of a new pipeline of projects being planned by the company over the next decade.
While decreases in costs continue to make energy storage more and more competitive, financial advisory and asset management firm Lazard has highlighted just how variable project economics can be, citing examples of US projects with 9%, 11% and 21% IRR (internal rate of return).
Hybrid systems that combine high power technologies such as lithium-ion and long duration, high energy redox flow energy storage is “where the market will go”, the CEO of a vanadium ‘flow machine’ provider has said.
Florian Mayr, partner at Apricum - The Cleantech Advisory, reflects on knowledge gained in energy storage's rapidly growing markets and offers his five key ingredients for success.
With over 180MW of energy storage projects under its belt, Greensmith Energy is beginning to be seen as one of the cornerstone players of the rapidly growing US – and global – market. President and CEO John Jung spoke to Energy-Storage.News
While Brexit – the impending departure of the UK from the European Union – looms, bringing uncertainty into the country’s economy and international relationships, the role energy storage will play in a decentralised, low(er) carbon and more flexible energy system at least seems a little more assured than it did before.
Involvement from billionaire Peter Thiel in Stem’s Series C indicates a shared belief among investors that “distributed, intelligent storage is going to absolutely revolutionise the electric grid over the coming decades”, the company’s marketing director has said.