Energy storage systems were historically used for grid balancing purposes within Europe, limiting their use to such applications or to be considered as “auxiliaries” to renewable generation assets. However, as market prices evolve and new revenue streams emerge, stakeholders must discover the diverse applications energy storage can tap into, writes Naim El Chami.
Germany’s draft renewable energy laws, which the government is seeking to introduce next year, have been heavily criticised by energy storage systems association BVES.
The UK’s biggest battery storage project so far has been acquired by London Stock Exchange-listed battery storage investor Gresham House Energy Storage Fund and is already participating in numerous grid services markets.
Construction equipment contributes substantial amounts of greenhouse gas emissions all over the world, but battery energy storage and hybridisation of diesel power solutions can help the industry take big steps to putting that right, says Shaun Montgomery of xelectrix Power.
A new project in the Netherlands will see a number of mobile battery storage units used to power construction sites and outdoor events provide up to 3MW of frequency control ancillary services for grid operator TeneT.
Gore Street Energy Storage Fund, one of two stock exchange listed energy storage funds in the UK, has acquired an 81MW operating battery storage portfolio from Anesco.
Switzerland’s largest battery storage system has gone into action stabilising the electricity network for transmission grid operator Swissgrid, asset operator Alpiq has said.
UK electricity system operator National Grid ESO is reviewing its previously-announced timescale for the introduction of two dynamic frequency response services and phase out of the existing market regime.
A new report co-authored by energy expert Tony Seba predicts that the combination of solar and wind energy with batteries could undercut and disrupt the existing global energy system with “the cheapest power available” over the next decade.
