While pumped hydro plants still account for around 96% of installed capacity of stationary energy storage worldwide, there will be more than 28GW of lithium batteries deployed for stationary storage applications by the year 2028, Navigant Research has predicted.
Pivot Power is keeping an eye on solutions other than lithium-ion, but chief executive Matt Allen stressed the need to focus on the now and deploy chemistries that are “ready and investable”.
The success of efforts to decarbonise economies in the UK and elsewhere could hinge largely on how governments and business communities – particularly large commercial lenders – engage with the sector in 2020, a UK-based financier of solar and storage has said.
Recommendations made to the government of India as it prepares to publish its union budget for 2020 from industry group India Energy Storage Alliance (IESA) include measures to support both the upstream of industry and the downstream of clean energy deployment.
Energy storage company Moixa, together with automotive giant Honda, have launched a vehicle to grid (V2G) project at Islington Town Hall that will help to provide constraint management for the building, as well as facilitate a switch to electric vehicles.
A regulatory framework put in place by Italy’s grid operator TERNA has enabled Enel X to aggregate residential energy storage systems to pool their capabilities.
Canada-headquartered start-up Li-Cycle has claimed a victory in commercialising its lithium battery recycling processes, with a shipment sent to a customer just before the end of last year.
