The cost of energy storage technologies is set to reduce significantly over the next five years driven by economies of scale and improvements in both technology and standardisation, according to a new report from financial advisory and asset management firm Lazard.
Australian power firm Genex has completed a study showing it is technically feasible to connect a pumped hydro storage facility with its 50MW(ac) Kidston Solar Project in North Queensland, Australia.
Four makers of lithium-ion batteries have been sanctioned by the European Commission for anti-competitive practises, with three incurring fines totalling €166 million (US$176 million) after colluding to “avoid aggressive competition”.
News in brief: Sunverge launches AC-coupled systems, whether South Australia’s blackouts could have been a different story with batteries, German government approves model region project for renewables, storage and grids.
A programme by utility Con Edison to reduce stress on the electrical grid at low cost to consumers in two districts of New York will get its first microgrid at a low-income housing complex.
Powin Energy will supply a 30kW/40kWh battery system for the University of Washington’s Clean Energy Institute.
German automobile giant BMW is to launch a new ‘Digital Charging Service’ (DCS) for its portfolio of electric vehicles early next year, promising to integrate EVs with national grids and on-site renewable generators.
SolarPower Europe is calling on the European Commission (EC) to address both solar power and energy storage in its upcoming Energy Union Package. In light of this, the association’s Task Force on solar & storage has created 10 policy priorities that will need to be considered to develop an appropriate framework for those technologies.
The Australian Renewable Energy Association (ARENA) has partnered with the Institute for Sustainable Futures (ISF) in conducting a trail on more than 150 households in New South Wales and Victoria to test how smart inverters can enhance residential solar-plus-storage systems and improve the stability of electricity on the grid.
The merging of Tesla and SolarCity into a single entity creates a new company well-placed to deliver a full range of energy-related products and services to consumers, analysts have said.
