The recognition by regulators of the need for an enlarged role for energy storage in the UK is a major milestone for the sector, trade associations in the country have said.
The UK, catapulted into being one of the world’s leading regions for solar PV deployment unexpectedly over the past couple of years, is now facing just as unexpected challenges in the form of drastic FiT cuts of as much as 87%. While this is undoubtedly bad for the industry, there are some possible avenues for policy adjustments that won’t require subsidising as well as strategies the industry could adopt to make self-consuming solar with storage a more viable option, writes Simon Daniel of Moixa Technology.
Lithium-ion battery-based energy storage for commercial and industrial customers in the US lies on the cusp of becoming “viable” over the next three to five years, according to international credit rating agency Moody’s.
NextEra Energy’s CEO sees energy storage as one of three areas driving “tremendous growth” for the group and has said that discussions about renewables are “naturally” leading into dialogue on storage.
Power conversion specialist Ideal Power has received an order for 1.5MW of its 30kW battery converters and power conversion systems from a new system integration partner.
US utility Southern California Edison (SCE) has classified energy storage as an “eligible preferred resource” in a 100MW request for offers (RFO) it has issued to acquire renewable energy, capacity and load reduction from new sources.
A Silicon Valley-headquartered flow battery maker will provide energy storage for telecommunications networks in China, replacing diesel use in a pilot programme ahead of “wide-scale deployment”.
News in brief: Indian PM Modi visits Tesla and talks solar-plus-storage with Musk; Scottish renewable energy group forms energy storage division; Harvard team developing flow batteries reports findings.
Australia-based flow battery provider Redflow has halved the price of its zinc-bromide battery (ZBM) to the point where the cost of energy produced from its battery drops below the price of energy from the grid.
The Electric Power Research Institute (EPRI), a non-profit organisation funded by electric utilities to conduct research on issues related to the electric power industry in USA, is leading a project that will see renewable energy development company SunEdison supply battery systems for nine net-zero energy homes in California.