International battery brand Duracell is set to launch a home energy storage system in partnership with a UK energy supply and services company which claims it has enabled big increases in revenues available to owners of the devices.
Virtual power plants, flow batteries and the economics of lithium-ion battery degradation are the focus of three feature-length articles, available now in the latest edition of Solar Media’s quarterly journal PV Tech Power.
Home storage systems have been considered an ‘early adopter’ market in many parts of the world, perhaps more important as a way that individuals can control their own green energy use and save energy than as a means of generating big money returns.
PV manufacturers Hanwha Q Cells and Sunpower have both signed deals to bring home energy storage to residential solar customers in Europe and in the US respectively.
Israel-headquartered SolarEdge launched a software platform for aggregating household energy storage units - and other distributed energy equipment - into virtual power plants, last week. The company’s solution has already been chosen for a VPP project in Australia by AGL, one of the country’s biggest utilities. The commercial launch of the VPP platform direct to customers is now underway. Andy Colthorpe spoke with Lior Handelsman, one of SolarEdge’s founders and vice president of marketing and product strategy.
Virtual power plants (VPPs) can greatly increase the value of home energy storage systems for a range of stakeholders including grid operators, utilities and their customers, according to SolarEdge, which has just launched a VPP software platform.
Major Japanese business and government entities have extended their involvement in energy storage with the announcement of the country’s first virtual power plants, an investment in a US frequency regulation project and partnerships on technology.
Varta Storage, the energy storage division of consumer, automotive and industrial battery manufacturer Varta, is poised to enter the UK and Ireland residential battery markets through a new exclusive deal with Waxman Energy, as global storage head Gordon Clements told our sister site Solar Power Portal the UK is “the next market that will start to open up” for the technology.
While the global energy storage industry has continued its pace of rapid growth during the past year, well-established markets remain highly concentrated in specific regions of the world. Alex Eller of Navigant Research discusses many of the factors influencing growth trends for energy storage at both utility-scale and distributed levels.
Stem’s virtual power plants (VPPs) have been utilised to provide emergency demand response services in California during a major heatwave.
In less than 10 years, distributed solar-plus-storage systems will reach 27.4GW worldwide and be worth more than US$49.1 billion, with Asia and Western Europe leading the way, a new report from Navigant Research has forecast.
Software platforms are emerging as a crucial element in the rapidly expanding energy storage industry. Alex Eller of Navigant Research explains the crucial role software plays in underpinning the value of energy storage systems.
Geothermal power and renewable energy developer Ormat Technologies has signalled its intent to join demand response and energy storage markets with the purchase of Viridity Energy.
From the outside, the VPP looks like a single power production facility that publishes one schedule of operation and can be optimised from a single remote site. From the inside, the VPP can combine a rich diversity of independent resources into a network via the sophisticated planning, scheduling, and bidding of DER-based services. Peter Asmus examines the role energy storage can play within this architecture.
The future for Tesla-SolarCity could lie in aggregating rooftop PV with stationary energy storage, EVs and other distributed energy resources, the head of energy storage market analysis at Bloomberg New Energy Finance (BNEF) has said.
A programme to modernise New York’s energy system will lead to the state’s biggest ‘virtual power plant’, with PV system owners invited to join a pilot of aggregated solar-plus-storage systems.
A trial project using 1.1MWh of lithium-ion battery storage to harness power from rooftop solar systems has been installed in the Western Australia suburb of Alkimos.
Lichtblick, a retailer of ‘green electricity and green gas’ headquartered in Germany, is looking to take its concept for integrating multiple distributed generation sources into a single network into international markets.
Adobe is among the participants earning revenues from what is claimed to be an energy storage industry first – a trial rewarding California storage system users for conferring benefits to the grid.
Tesla’s much-hyped battery announcement in April raised important questions over what business models will drive the deployment of stationary battery storage. As Andy Colthorpe reports, one answer is the virtual power plant, in which residential and commercial battery systems are aggregated to provide grid services.