An auction for solar-plus-storage held in Israel by the country’s Electricity Authority (PUA) awarded 609MW of solar PV alongside 2.4GWh of energy storage.
Increased confidence in the asset class has been driven by three main factors: more third party trading counterparties entering the space and offering new and innovative products, increased volatility in the trading markets and the increased market size of frequency service contracts.
The sovereign wealth fund of Qatar has agreed to invest in energy storage solutions provider Fluence in a transaction that values the technology company at more than a billion dollars.
Let’s take a look at the news stories that had the most page views on the site since the beginning of 2020. The list covers everything from always-in-focus topics of cost reduction and competitiveness, to fire safety, innovation and commercialisation of new technologies and, of course in this year, COVID-19.
A Sydney-headquartered private investment firm and renewable energy and storage developer have lodged a development application to build a large-scale battery energy storage system in Newcastle, in the Hunter region of New South Wales in Australia.
PG&E, one of California’s main investor-owned utilities (IoUs) has awarded contracts for more than 1,000MW of battery energy storage projects to be deployed in its service area by the end of 2023, the company’s senior VP for energy policy and procurement has said.
DERs interconnected with the grid position a utility to better manage peak demand, avoid transmission overloads and keep electricity flowing, but interconnection of battery, solar and other DERs is not without its challenges. Jason Allnutt from IEEE Standards Association discusses a standard that has become an “essential resource” for stakeholders.
The US government’s Department of Energy (DoE) has described its just-published Energy Storage Grand Challenge Roadmap as its first comprehensive strategy on energy storage, identifying cost and performance targets to be met in the coming years.
