All the news, views and updates from the Energy Storage Summit at Twickenham Stadium, London.
Texas-headquarted Mercom Capital Group recently released its Q1 2016 funding and M&A report for energy storage, smart grid and energy efficiency sectors. Mercom’s CEO and co-founder Raj Prabhu discusses the energy storage trends tracked in this quarter with Energy-Storage.News, especially in light of the drop in venture capital funding this quarter.
This week, at the Energy Storage Summit in London on Thursday, Solar Media brings together a broad range of stakeholders as the country goes through some defining moments in infrastructure and energy policy. Here are some interesting recent developments in the space – and who you might expect to meet if you make it to Twickenham Stadium.
News in brief: Korea’s main utility and Samsung SDI have overseas markets in their sights, Leclanché subsidiary targets US and Canada, UK lead acid maker moves to Li-Ion with new crowdfund drive.
The trial of a 6MW/10MWh ‘Big Battery’ has proven energy storage can help Britain’s electricity network, but the next crucial phase is to assess the business case, the grid operator which commissioned it has said.
Tesla is predicting it could sell more stationary storage to SolarCity during 2016 than was deployed in the entire behind-the-meter segment of the US market last year, according to analysis by GTM Research.
Utility-scale solar projects in a region of Japan affected by fears of grid capacity constraints have been supplied with energy storage, aimed at mitigating the potential effects of output curtailment.
While the effectiveness of flow batteries in islanded situations is quickly being recognised, on the grid, the cost of providing that storage is still seen as something of an inhibitor to uptake. Andy Colthorpe spoke with the RedT CEO, Scott McGregor, to get his views on how flow batteries can thrive – and why lithium-ion is not the enemy.
Mercom Capital Group’s Q1 2016 report reveals 50% drop in VC funding for battery and storage companies compared to last quarter’s figures.
Energy storage and interconnection are complementary technologies, as a means of adding flexibility and keeping costs down in electricity grids, an expert from Fraunhofer ISE has said.
