There is increasing high-level interest in the potential for energy storage in the Middle East, with grid-connected systems forecast to reach 1.8GW in the region by 2025, according to I.H.S Markit.
The Energy Storage Association (ESA) unveiled a new document this month that offers a number of state policy suggestions designed to spur cost-effective energy storage across the US.
Market conditions are “artificially” restricting energy storage batteries from “leveraging and maximising their multiple capabilities” a US trade group which includes utilities, technology and service providers and grid operators among its membership has argued.
Expected since the beginning of this year, Massachusetts has confirmed that it will implement an “aspirational” 200MWh energy storage procurement target for electric distribution companies.
Nancy Pfund is managing partner at DBL Partners, a venture capital firm which specialises in investing in companies and start-ups that offer both rewarding financial returns, and positive social impacts. There have been some serious clean tech companies in DBL’s portfolio, including a pre-IPO investment in Tesla. With this in mind, we spoke to Nancy about how to invest in energy storage wisely and heard her views on the waves of the future. Part 2 to be published tomorrow.
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.
UK distribution network operator Western Power Distribution (WPD) has launched a consultation seeking views on the potential growth of energy storage on its distribution network after receiving an ‘unprecedented’ 8GW of applications in the last 18 months.
Maryland will become the first state in the US to offer tax credits for customer-sited energy storage, as and when state Governor Larry Hogan approves Senate Bill 758 (SB 758).
Time is running out for stakeholders offering comments to Washington’s Utilities and Transportation Commission (WUTC) on its draft policy statement regarding how energy storage is treated by investor-owned utilities’ (IOUs) in their integrated resource planning (IRP).
While Germany is one of the world’s leaders in solar PV and now an early leader in residential energy storage, utility-scale energy storage is still “under discussion” and not yet a mature proposition, industry figures have said.
The potential for storage to help stabilise the grid has finally been recognised in the UK, where battery projects took all of the 200MW on offer in a recent frequency response tender. David Pickup looks at the evolving role of storage in the future grid and how further policy support can help it flourish.
Australia will launch a new large-scale energy storage funding round, the country’s prime minister Malcolm Turnbull has revealed.
The cost of lithium-ion batteries for energy storage declined 65% in five years between 2010 and 2015, while battery storage’s use for electricity could hit 250GW by 2030, from just 1GW today, according to the International Renewable Energy Agency (IRENA).
Energy storage should be properly valued and supported at federal level in the United States, according to a government document analysing and evaluating energy policy released by officials of the outgoing Obama administration.
The north-eastern US state of Massachusetts will introduce a procurement target for energy storage resources, with the state’s department of energy resources (DOER) collecting views from stakeholders.
The number of battery storage projects to have won 15-year contracts in the latest Capacity Market auction is a sign of “considerable confidence” in the technology, according to the director of the Electricity Storage Network.
The UK’s government department for business, energy and industrial strategy (BEIS) and its regulator, Ofgem, have jointly launched a Call for Evidence on System Flexibility for the country’s power networks, putting storage at the forefront. Anthony Price, head of trade group the Electricity Storage Network spoke to Energy-Storage.News about the document, which gives stakeholders until January to respond.
A ‘call for evidence’ from the UK government on how to reform the energy sector, calling for information and commentary by industry and other stakeholders, has been welcomed by the country’s Electricity Storage Network trade association.
The UK government and regulator Ofgem have jointly launched the long-awaited call for evidence on the future of the country’s energy system, seeking views on the development of a smarter, more flexible and user-friendly network.
Energy storage in the US is being propelled forward by falling costs and increasingly favourable markets and policy. But for the full value of storage to be realised, numerous regulatory and fiscal barriers must still be surmounted, writes Matt Roberts.
The long-awaited call for evidence on UK energy storage and smart power policy, giving stakeholders the chance to put forward their views to government, will be released within the next couple of weeks according to the head of smart energy at the Department of Business, Energy and Industrial Strategy (BEIS).
The UK’s Energy and Climate Change select committee (ECC) has used its final report to add to growing pressure on government to address the regulatory barriers holding back greater deployment of storage technologies.
The California state legislature and governor Jerry Brown have signed into law four key new energy bills that are set to accelerate energy storage deployment in the Golden State.
The Solar Trade Association has set out its key policy asks for the government regarding the growing energy storage market, with calls to resolve regulatory barriers and protect consumers with minimum standards leading the field.
The proposed 4GW nuclear plant in the UK has been labelled too expensive and too risky but supporters say it is crucial for the UK’s future energy mix. James Blackman looks into the realistic role energy storage technology could play in any mooted alternative plans to keep Britain’s lights on.
The global grid-connected energy storage project pipeline is forecasted to hit 2GW this year; a 20% increase on the figures for the end of 2015, according to new analysis by IHS.
The United Kingdom’s decision by referendum last week to exit the European Union has been received negatively by one of the few commentators prepared to go on record with a UK industry view.
The White House announcement of new developments and investment in energy storage has been characterised as “the first executive office push for energy storage” that will “undoubtedly galvanize” the industry, in a new GTM Research brief by the firm’s energy storage director Ravi Manghani.
President Obama has announced a raft of activity focussing on the development, investment and regulatory framework for energy storage.
Germany, until recently the leading European nation for installed PV capacity, extended a scheme to support purchases of lithium-ion energy storage systems for solar at the beginning of this year.