A €100 million (US$114.44 million) fund will be used to develop and deploy microgrid and energy storage projects by engineering and automation firm ABB, which has recently launched a new line of solutions in those areas.
Uncertainty persists around the impact bankruptcy proceedings brought about at investor-owned utility Pacific Gas & Electric (PG&E) could have on renewables contracts and energy storage projects as it faces “extensive litigation” and “significant liabilities” for California wildfires.
Today, energy storage projects often fail to deliver value because of economic miscalculations. These computational issues, however, can now be mitigated by applying software, analytics and machine learning, write Enrico Ladendorf and Bryce Evans of Pason Power.
LG Chem, IBM and Ford Motor Company have joined an effort to increase the transparency of supply chains for cobalt used in batteries – referred to by some as the ‘Blood Diamond’ of the energy and tech sectors.
National Grid, in its capacity as the UK’s Electricity System Operator (ESO), last week launched a new ‘Distributed Resource Desk’ in its control room in a move hailed as a “huge step forward” for electricity flexibility markets.
A 6MW / 6MWh containerised energy storage system will help provide power to all 19,000 inhabitants of a tiny Caribbean island, installed by Wartsila, via its recently-acquired energy storage system integrator subsidiary Greensmith.
While the likes of California, Massachusetts and New York make headlines as the leading US states for energy storage policy, initiatives from the ground up in New Hampshire, Georgia and Michigan have been announced already this year.
A local authority in England has unveiled two landmark solar-plus-storage projects on existing landfill sites which aim to be the first of their kind in the UK.
