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.
A new model that involves paying customers to host energy storage batteries in front of the meter should help stakeholders to optimise financial gains from storage, according to analysis from Navigant Research.
Power firm AES India recently agreed to build the first large-scale battery-based energy storage project in India, working with consumer electronics and energy storage firm Panasonic India. Manish Kumar, managing director, energy storage, AES Corporation spoke to Energy-Storage.News to explain the potential of the Indian market and how the project will progress.
The UK government’s Department of Energy and Climate Change (DECC) is seeking answers from the energy storage industry on how best to define and consider the various technologies, both behind and in front of the meter.