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.
Long duration flow battery manufacturer CellCube will bring its large-scale vanadium redox flow systems to the UK, with the country's Capacity Market firmly in its sights, according to Immersa, which the Canadian energy storage company has signed up to partner with.
National Grid has outlined how renewables could participate in the UK's Capacity Market, unveiling technology-specific de-rating factors that range from 1–15%.
Centrica has formally announced the completion of its 49MW Roosecote battery storage project, 18 months after construction started.
The UK government is seeking the “most rapid and effective path” towards a potential re-opening of the Capacity Market (CM), but has failed to determine the consequences if a negative decision is forthcoming.
There has been a substantial drop in the levels of new battery capacity being entered into consideration for the UK’s Capacity Market (CM) mechanism, according to the prequalification results of the next auctions.
The future of the Capacity Market has been plunged into doubt after the European Court of Justice annulled the European Commission’s decision not to object to the scheme.
Arlington Energy, a clean energy investment group, has announced plans to build out a 1GW portfolio of energy storage and gas peaker projects across the UK after securing initial funding of £200 million (US$255 million) from an offshore fund of institutional investment.
The UK’s transmission system operator National Grid’s redesigned Capacity Market targets around 50GW of reserves up to 2023 and could be an early step towards longer duration energy storage batteries.
After reporting last week on the findings from EMMES, the European Market Monitor on Energy Storage from Delta-ee and trade association EASE, which demonstrated a big rise in installations by MWh in 2017 across the continent, we delved further behind another record-breaking year with the report’s lead author, Valts Grintals of Delta-ee.
Cleve Hill Solar Park, the joint venture (JV) of Hive Energy and Wirsol intending to develop a 350MW+ solar farm on the Kent coast of England, has yet to make any decisions regarding the battery storage element of its plans, contrary to media reports.
Fluence says it has secured the single largest energy storage portfolio transaction for a technology provider announced in the UK to date after being selected by UK Power Reserve (UKPR) to deliver half of its battery storage portfolio.
Ørsted, formerly DONG Energy, has confirmed its entry into the UK battery storage market with a new 20MW project near Liverpool.