The levelised cost of electricity (LCOE) that can be achieved today for battery energy storage means that “new-build batteries can be competitive on cost with gas peaker plants,” according to BloombergNEF.
Two commercial battery energy storage systems owned by a family-owned wholesale food business in the UK have been used by aggregator Flexitricity to trade in the Balancing Mechanism (BM)
Solar-plus-storage projects on France’s overseas territories are on course to add around 200MWh to global battery storage deployment figures, with the latest power plant just completed by independent renewable energy producer Albioma.
Microgrids can offer a resilient and secure alternative for both rural and city communities. Molly Lempriere looks at some of the microgrids around the world that are transforming the way neighbourhoods produce and consume electricity.
There exist opportunities for flow batteries to target areas of the market lithium-ion “can’t provide in an economically justifiable way,” the chief commercial officer of Invinity Energy Systems has said.
What’s being described as Europe’s largest electric car charging park will be kitted out with 2MWh of stationary battery storage systems from Tesvolt, charged with “green energy from the grid”.
An innovation project in Europe to “harvest” energy that would otherwise be lost from various processes, involving a mixture of academic institutions and tech companies, has been joined by ultracapacitor maker Skeleton Tech.
Why have battery energy storage and solar-plus-storage become such a key part of the US energy industry in a way that they have not in Europe, as yet? Corentin Baschet at technical consultancy and market analysis firm Clean Horizon took some of our questions.
While the renewable energy industry has suffered significant blows such as loss of employment during the COVID-19 crisis, venture capital (VC) funding into the battery energy storage sector in the first quarter of this year nonetheless saw a significant increase over the previous year’s equivalent period.