Energy storage enjoyed another record-breaking year of deployments in the US in 2018, while the residential segment is now “moving beyond early adopters” and into commercial viability, a report from Wood Mackenzie Power & Renewables claims.
NEC Energy Solutions, the distributed energy division of Japanese information tech company NEC, has commissioned a 2MW / 2MWh battery energy storage system in Chile.
Revisions aimed at enabling energy storage’s participation in wholesale markets, proposed by New England’s Independent System Operator (ISO) have been accepted by the Federal Energy Regulatory Commission (FERC), effective 1 April this year.
Legislators in Minnesota have begun the first steps to establishing fair or optimal market conditions for the deployment of energy storage, setting out rules for determining the value of storage to the network.
Arizona Public Service (APS) has announced a plan to make solar energy dispatchable into the evening using batteries, calling for the deployment of 850MW of energy storage by 2025.
The installation will be used to provide “critical peaking capacity” and “increased” grid reliability. AES will provide a system with a four-hour duration based on Fluence’s Advancion platform. It will be leased under a 20-year contract with AES the owner and operator of the project.
Flow battery maker Avalon has initiated a novel business model aimed at lowering the cost of deployment of its energy storage units, effectively ‘renting’ the electrolytes in the devices to a customer in California.
A new poll has identified energy storage as the most promising technology for institutional investors keen on renewable assets, amid plans by many to ramp up allocations.
After China connected a huge battery to a project combining solar, wind and other generation sources, a US utility project has just been announced which will likewise combine solar and wind with a grid-scale battery.
