There is a perception that “batteries cannot be long life assets”, but it depends very much on how they are designed and used, Dr Marek Kubik of Fluence has said, in a video interview with Energy-Storage.News.
It’s been predicted for some time that the redox flow energy storage space will, after some turmoil and rapid consolidation, find success in providing energy storage at durations of more than four hours. This past couple of weeks have been a tale of both turmoil and success.
Simply Energy, the Australian retail arm for ENGIE, will aggregate 6MW of Tesla household batteries together with 2MW of demand response at commercial premises in Adelaide in a project supported by the government-backed Australian Renewable Energy Agency (ARENA).
Masdar, the Abu Dhabi Future Energy Company, has signed a memorandum of understanding with the Korea Energy Agency (KEA) for renewable energy collaboration and investment between South Korea and the UAE.