Australia-headquartered engineering and professional services company WorleyParsons said its first EPC contract for a battery storage project in the US shows how the energy sector is moving from “mega projects” to “portfolios of smaller projects”.
India-based EPC firm Sterling and Wilson has forayed into hybrid power plants and energy storage solutions and is already in advanced discussions for its first such projects in Africa and Europe.
Enel has become the latest big name to spy opportunities in the commercial and industrial (C&I) energy storage space in Ontario, Canada, signing an agreement this week for its first project in the region.
In short, energy storage technology is set to revolutionise our society, EVs and beyond, with power companies among the most affected – whether they like it or not. The sector needs to wake up to this and decide what it is going to do about it. Education could provide the wake-up call that power professionals need, says Bo Normark of InnoEnergy.
In much the same way that the industrial revolution changed society all those years ago, electrification is now the driving force behind the industrialisation of multiple sectors. Energy storage has an obvious role, but Olivier Chabilan of Skeleton Technologies looks at something you might not have considered – ultracapacitors.
TEPCO, one of Japan’s national utilities and grid operators, will roll out home solar-plus-storage systems for its customers as part of a drive to create a renewable energy retail business.
Battery storage is of growing interest to commercial and industrial (C&I) entities in the UK, but the wider energy efficiency sector has seen Brexit and other policy woes send confidence to new lows.
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.