With a surprise general election coming in June for Britain’s ballot-weary voters, Ian Larive of Low Carbon looks at the possibility of political flux interrupting the industry’s momentum – and why whichever party is victorious, they should back energy storage.
Italian energy company Enel has agreed terms to buy Element Power’s 12.5MWh battery storage project, which secured one of the most highly remunerated contracts in last year’s Enhanced Frequency Response (EFR) tender by the UK’s transmission system operator National Grid.
Finnish power equipment firm Wärtsilä has immediately followed up its launch of hybrid and standalone energy storage systems with the acquisition of system integrator and software specialist Greensmith Energy Management Systems (Greensmith).
A number of demonstrator projects for smart grid and storage technologies have been awarded funding under Scotland’s Low Carbon Infrastructure Transition Programme (LCITP).
Power equipment manufacturer Wärtsilä has launched hybrid and standalone energy storage systems, targeting areas where it sees “high market potential”, including remote microgrids and solar PV integration.
Microgrids are about more than novel off-grid systems. They could be the building blocks of the future, flexible, intelligent electricity network. S&C Electric discusses how one early project is helping prove the point.
British renewables utility Good Energy has launched a corporate bond offer as it looks to plough investment into a diversification strategy focusing on battery storage and EV charging networks.
In less than 10 years, distributed solar-plus-storage systems will reach 27.4GW worldwide and be worth more than US$49.1 billion, with Asia and Western Europe leading the way, a new report from Navigant Research has forecast.
Energy storage has reached a point of commercial viability in the UK according to the chief executive of redT energy, who said the company had now reached “the right price” for an economic proposition.
Power management firm Eaton has landed a multi-year partnership with Manchester City, becoming the football club’s official home energy storage partner in the UK.
