Rely on FFR revenues alone and miss out big on revenues, UK asset owners warned
UK aggregator Kiwi Power is launching a ‘co-optimisation’ offering as it warns that relying on fast frequency response (FFR) could risk half of potential revenues.
Commercial
Energy storage ‘vital for carbon neutral Europe and Germany’s Green Deal’
Calls have been made across Europe for recognition and support for the vital role that energy storage can play in decarbonisation, reducing air pollution and contributing to a ‘green recovery’, both through legislation and industry sector activity.
With UL9540A safety certification, Powin Energy claims new pathways can open up
Powin Energy VP Danny Lu has said that attaining what is considered the highest standard in safety means that projects using the company’s Stack 225 battery storage system products can be executed faster and pack more capacity onto a single site.
Mitsubishi, Japanese telecoms co NTT step up focus on renewables, storage, EVs and energy management
Mitsubishi Corporation said today that it is partnering with major Japanese telecoms provider NTT to “study cooperation” in renewables, energy management using electric vehicles and battery energy storage, while according to reports, NTT is investing around US$1 billion a year in renewable energy up to 2030.
Siemens Energy to develop thermal energy storage with startup EnergyNest
Siemens Energy has formed a partnership aimed at sustainably decarbonising the industrial sector with Norway-headquartered thermal energy storage company EnergyNest.
ROUNDUP: US$1.5m for geothermal lithium, Eos’ public listing, C&I thermal storage using aluminium
News in brief from around the world in energy storage.
Feature
Guest blog
Think zinc: Another metal that can transform the energy storage sector
When most people think of the metals that power today’s energy storage systems, vanadium and lithium are at front of mind. Ron MacDonald, president and CEO of Zinc8, argues the case for another metal playing an important role.
Feature
Guest blog
Optimising DERs: Artificial intelligence and the modern grid
The optimal integration of distributed energy resources such as solar, battery storage and smart thermostats becomes an ever-more complex and pressing question. Rahul Kar, general manager and VP for New Energy at AutoGrid Systems looks at the role artificial intelligence can play in smarter energy networks.
US’ proposed Moving Forward Act stimulus bill includes standalone storage ITC
An ITC for standalone energy storage systems could finally become reality with its inclusion in a US$1.5 trillion infrastructure investment Bill, tabled by House Democrats.
Australia: Storage deployments rising but face coronavirus downturn and other risks
Coal retirements, liberalised energy markets and declining costs continue to improve the business case for energy storage in Australia, but the coronavirus pandemic is among factors creating uncertainties and risks, new research has found.
Intelligent storage can add 50% to solar project revenues in Massachusetts, Stem says
Adding well-optimised energy storage to solar PV projects in the US state of Massachusetts can increase project revenues by up to 50%, Stem Inc has claimed, as the energy storage provider announced the completion of a front-of-meter solar project with 8MWh of storage.
Feature
Editor's blog
Stackin’ the box: How Fluence’s new ESS range speaks to the next market phase
“This next phase we’ve entered is a large number of projects in a lot of places," Fluence VP for marketing and strategy, Brian Perusse, tells Energy-Storage.news.
Europe’s early vehicle-to-grid projects show ‘huge potential’ goes beyond financial benefits
V2G can significantly reduce energy system greenhouse gas emissions, as well as ensure resilience in the event of power outages and prolong the battery life of an EV, according to a review of nine projects across Europe.
ROUNDUP: Ørsted first in Taiwan, Powin & Fluence new hires at C-level, Stem sells 16.5MWh portfolio
News in brief from around the world in energy storage.
Root causes for NEC’s industry exit ‘likely lie deeper’ than COVID-19
Industry commentators have expressed shock and surprise that NEC Corporation’s Energy Solutions business has been wound down, while an analyst said the reasons for the energy storage system integrator’s demise are likely to go back further than the COVID-19 pandemic.
Lithium batteries for solar under the quality spotlight with PI Berlin’s new service
A new service from Photovoltaik Institut Berlin (PI Berlin) looks to solve a pitfall that often awaits solar industry stakeholders when adding energy storage to their projects: making sure the production quality of the batteries they choose meets their requirements.