The latest auction for the UK’s Capacity Market cleared at a record low price at the end of last week as battery storage projects seemingly struggled to compete.
On-site energy storage is “the way that you make the subsidy free package work” for large scale solar according to climate change minister Claire Perry who has pointed to Anesco’s Clay Hill solar farm as proof of why the technology so longer needs financial support from tax payers.
Officials from 56 Muslim-majority nations have come together to pledge new climate-related technology goals that included promoting microgrids, energy storage and renewable energy targets.
Even if the US withdraws from the Paris Agreement on climate change, economics and popular support for clean energy mean the industry will not lose its momentum, the chief commercial officer of Younicos has said.
A renewable energy auction which could take Australia’s capital Canberra over the line in meeting a long-term “90% renewables” target will also lead to the deployment of 5,000 residential and commercial battery storage systems.
Later this year, the 21st annual session of the Conference of the Parties (COP 21) will take place in Paris. Leaders from around the world are coming together with an overarching goal of creating a deal to support the reduction of greenhouse gas emissions to limit the global temperature increase to 2°C above pre-industrial levels. Key to the reduction of global carbon emissions is the transformation of our energy networks, by adopting cleaner, more efficient and smarter technologies, writes Andrew Jones.
While solar and energy storage are not inextricably linked, at least not yet, storage helps households make the most of their solar power and one day could help grid networks make their final leap of faith. In the first of two blogs from the Energy Storage Europe conference and exhibition in Düsseldorf this week, PV Tech Storage talks to experts and industry figures as they tackled some of the biggest issues facing storage and renewable energy.