New-build solar and wind could outcompete most existing fossil fuels by 2025, while standalone energy storage also has a future in its own right, Nextera Energy executives have predicted.
Despite making huge strides forward, the energy storage industry’s work in helping stakeholders across the value chain understand the technologies and the roles they can play in a renewable energy future is far from done. Andy Colthorpe speaks with Energy Storage Association chief executive, Kelly Speakes-Backman, at the forefront of the industry’s push into unchartered regulatory, policy and public affairs matters.
Schneider Electric has partnered with Autogrid for a “grid management solution” that can incorporate and optimise diverse assets including customer-sited energy storage.
The proposed merger between flow energy storage companies Avalon Battery and redT continues to progress, with the transaction set to be completed around the end of March 2020.
NEC and developer Kearsage Energy have completed work on a 4.5MW solar PV array, combined with a 1.6MW / 2.8MWh AC-coupled battery energy storage system in Amesbury, Massachusetts.
New study predicts the energy storage industry will grow to employ millions by 2050, fuelling a renewables jobs boom as fossil fuel industries shed millions of workers.
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”.
