Safety is a consideration when it comes to any energy asset and lithium-ion batteries are no exception. Fires are rare, but do happen, particularly when you consider how much juice lithium storage systems can pack into a fairly small space. In this panel from the Energy Storage Summit 2021, experts including firefighter Charlie Pugsley of London Fire Brigade talk about the strategies stakeholders should be using today and in the future to ensure a safe industry for all.
With batteries today finally reaching the size and capacity that enables renewables to replace medium-sized natural gas generators, a future ruled by solar and storage is just around the corner, writes Radoslav Stompf, CEO of FUERGY.
California is facing a huge shortfall of electricity capacity on its grid and advanced compressed air energy storage (A-CAES) can fill the gap, Hydrostor has proposed.
Leaders in the UK and international battery storage space discussed how the industry has rapidly evolved to become a viable business at the heart of the transition to low carbon and renewable energy in this panel session from the Energy Storage Summit 2021.
Since its IPO in November 2018, Gresham House Energy Storage Fund, a utility-scale battery storage investment fund listed on the London Stock Exchange has seen its total share price return of 27.3% significantly outperform the 7.9% returns across the FTSE All Share weighted index.
Energy storage system designer and integrator FlexGen has launched a new service that figures out the feasibility of pre-development projects using the company’s DigitalTwin technology.
UK energy storage investor Gore Street Energy Storage Fund raised £135 million (US$187.89 million) towards deploying a 1.3GW development pipeline, with the funds also to be used for a potential 80MW acquisition for its portfolio of battery projects.
ESS Inc, currently the only maker in the world of a commercially available flow battery using iron electrolytes, will deploy an energy storage system with more than six hours duration to a microgrid in Chile.
Tesla CEO Elon Musk has said that the company is already achieving “good margins” on the residential Powerwall product, but that “some additional work is needed” for its utility-scale Megapack to do so.
