Research firm Wood Mackenzie has found that daily price volatility from renewables on Australia’s National Electricity Market (NEM) supports a stronger battery revenue outlook.
Vanadium flow batteries could be a workable alternative to lithium-ion for a growing number of grid-scale energy storage use cases, say Matt Harper and Joe Worthington from Invinity Energy Systems.
A 1,200MWh solar-plus-storage twin project is set to be developed in North Queensland, Australia, after success in the recent Capacity Investment Scheme (CIS) tender.
The first Capacity Investment Scheme (CIS) tender round in Australia successfully awarded 3.5GWh of co-located battery energy storage systems (BESS) as renewables-plus-storage projects.
Global average lithium-ion battery prices have fallen 20% to US$115 per kWh this year, going below US$100 for electric vehicles (EVs), BloombergNEF said.
A large-scale hybrid project has been connected to the grid in China, combining BESS and supercapacitor technology to provide numerous services to the grid including black start.
We get the reaction from other BESS suppliers, consultancies, research firms, optimisers, investors and IPPs to BYD launching a BESS using sodium-ion battery cells, a technology many see as a potential competitor to lithium-ion.
China-headquartered electronics firm Huawei has secured a supply agreement to provide a 4.5GWh battery energy storage system (BESS) for the Meralco Terra Solar project in the Philippines.
