Australia’s government-owned green bank, the Clean Energy Finance Corporation (CEFC), has pledged AU$300 million (US$192 million) of existing funding towards “building investor confidence in renewable hydrogen”.
Vanadium redox flow batteries are almost as reliable as diesel generators in providing resiliency, but won’t be competitive against lithium-ion unless cost reductions can be achieved with the scaling up of manufacturing and deployment.
Moving from today’s gas stations to their electrified equivalent can present a challenge so “dramatic” that in some cases, microgrids may be the only viable solution, a representative of Schneider Electric has said.
Two commercial battery energy storage systems owned by a family-owned wholesale food business in the UK have been used by aggregator Flexitricity to trade in the Balancing Mechanism (BM)
An Ontario college will use a large-scale lithium-ion battery system from Wartsila to “minimise” its Global Adjustment Charge (GAC), the Canadian province’s means of paying for grid infrastructure as well as green energy policies that can constitute as much as 60% of monthly electricity bills.
Microgrids can offer a resilient and secure alternative for both rural and city communities. Molly Lempriere looks at some of the microgrids around the world that are transforming the way neighbourhoods produce and consume electricity.
There exist opportunities for flow batteries to target areas of the market lithium-ion “can’t provide in an economically justifiable way,” the chief commercial officer of Invinity Energy Systems has said.
