What has been described by the head of its federal regulator as the “single most important act” the US could take in smoothly transitioning to a “clean energy future” will become reality, with distributed energy storage set to join wholesale markets and compete to provide services on a “level playing field” with fossil fuel resources.
The European Union (EU) has just published its Strategy for Energy System Integration, including pledges to support renewables and energy storage as the continent targets carbon neutrality by 2050.
The company behind what looks set to be Norway’s first gigawatt-scale manufacturing facility for lithium-ion battery cells has secured pre-construction financing of NOK130 million (US$13.85 million) which it said will “enable rapid development” of the plant.
The Australian Energy Market Commission (AEMC) announced today that five minute settlement windows for spot prices in the National Electricity Market (NEM) will be implemented from 21 October 2021.
A subcommittee of the US House Committee on Appropriations has approved more than a billion dollars in support for developing energy storage deployment, research and manufacturing in a funding bill for the 2021 Fiscal Year.
What will the impact of COVID-19 be on the energy storage market? And how best to learn to adapt to whatever the ‘next normal’ will be? Florian Mayr at cleantech advisory and consultancy group Apricum examines the bigger picture of “energy storage vs the virus”.
One of the first large-scale solar farms in Japan so far to be equipped with battery storage in order to meet the requirements of a local grid operator and utility, has been completed on the island of Hokkaido.
Germany-headquartered battery manufacturer Varta will receive €300 million (US$338 million) of government funding to develop large format lithium-ion cells, which has been deemed a project of potentially strategic interest for Europe.
