With a project pipeline in excess of 14GW, a developing regulatory envelope and maturing revenue streams, the UK’s energy storage sector continues to be at the forefront globally. Molly Lempriere charts the market’s development to date and uncovers how it has responded to deployment barriers.
While interconnection queues for America’s electric transmission and distribution operators are “swelling up” with growing numbers of energy storage projects, some of the big challenges ahead include enabling fair market participation for both standalone storage and storage paired with generation.
Energy market mechanisms must evolve in order to support long-duration energy storage, with the existing frameworks having “significant problems” incentivising those technologies, a panel of experts has concluded.
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.
Construction work has begun on Technology provider Highview Power's 50MW / 250MWh liquid air energy storage (LAES) facility in Greater Manchester, England.
As part of an optimisation deal with Open Energi and Erova Energy, battery storage owner and operator Zenobe Energy is set to enter a new battery into the UK’s Balancing Mechanism (BM).
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.
The auction was the first of its kind in Portugal that invited companies to lodge bids with a storage component included, with eight of the 12 batches awarded to solar-plus-storage projects.
The market for grid-connected energy storage will defy the “headwinds” caused by the coronavirus pandemic on industries across the world, analysis firm IHS Markit has predicted.
This article looks at the current status of each of these end-markets and where there are similarities and differences in how the markets have developed, along with future opportunities.
France, Italy, Spain and Belgium are among the regions of most interest for energy storage stakeholders in Europe, analysis firm Clean Horizon has told Energy-Storage.news.
The UK government has confirmed changes to the Capacity Market which are designed to remove barriers for demand side response (DSR) and energy storage, making it easier for clean technologies to compete in auctions.
California, the world’s fifth largest economy and a global innovation engine, is confronting ambitious clean energy and GHG reduction goals. California must achieve 60% renewable energy and 5 million electric vehicles on the road by 2030, and a fully decarbonised power sector by 2045.
An ‘experiment’ in France where grid-scale energy storage will be deployed to assess how batteries can ease congestion on transmission operator RTE’s network is paving the way for further opportunities in the coming decade, Energy-Storage.news has heard.
Kruger Energy said that along with smart software and technology solutions company Peak Power, it has deployed three commercial and industrial (C&I) energy storage projects into a behind-the-meter virtual power plant (VPP).
Results announced last week in a Capacity Market (CM) auction in France which had low-emissions requirements, saw 253MW of energy storage awarded 7-year contracts.
Federal energy regulator accused of ‘overreach’ after maintaining provision that forces storage projects to offer minimum prices when competing at state’s capacity market.
New proposals from the UK government intend to slam shut a loophole that had allowed for battery storage projects in the country to access more favourable payments for their flexible capacity.
This week's news-in-brief stories come from across Solar Media's publishing channels.
Battery storage assets in the UK successfully landed capacity agreements in last week’s T-3 Capacity Market auction by listing as demand side response (DSR) assets.
Battery storage submissions for forthcoming Capacity Market auctions in the UK have dwindled, with demand side response emerging as the clean technology of choice.
At 4:52pm on Friday 9 August 2019, the UK suffered its first wide-scale blackout in more than a decade. More than 1.1 million consumers were plunged into the dark as rail lines screeched to a halt, traffic lights failed and even airports reported problems. Liam Stoker looks at the root causes, and how battery storage came to the rescue.
The European Commission has approved Britain’s Capacity Market scheme following an in-depth investigation into its state aid compliance.
60MW of energy storage developed by Fluence and Sembcorp Energy UK has come online, lauded as one of the largest transacted fleets of its kind in Europe.
Quentin Scrimshire, head of energy storage at Kiwi Power, said the latest prices didn’t achieve the mechanism’s purpose, and instead only served to reward larger generators that would already be generating throughout the winter.
News in brief from around the world in energy storage.
US software and data company Autogrid has continued its roll-out of solutions into Japan’s evolving electricity market, joining a virtual power plant (VPP) project that could add more than 10,000 assets by the end of 2021.
Existing CMUs outperformed new build in the auction, and battery storage in particular struggled to complete against other generator types like open-cycle gas turbines (OCGT).
UK investment management firm Gresham House has confirmed it is to launch a fresh fund raising drive as it sets its sights on a new, 182MW pipeline of battery storage projects.
Topics previously off-limits due to commercial sensitivity or just a lack of experience from the field, were explored in depth at this year's Energy Storage Summit in London.