There has been a substantial drop in the levels of new battery capacity being entered into consideration for the UK’s Capacity Market (CM) mechanism, according to the prequalification results of the next auctions.
The future of the Capacity Market has been plunged into doubt after the European Court of Justice annulled the European Commission’s decision not to object to the scheme.
Solar Media is proud to have been asked by technology provider NEC to publish a guide in the form of a case study, going in-depth on the 10MW Cleator and 40MW Glassenbury projects the company’s Energy Solutions division worked on for customer VLC Energy.
The remote Isle of Eigg, one of the Scottish Hebridean islands, is now host to a hybrid microgrid which incorporates flywheels and ultracapacitors for high power functions as well as solar, batteries, wind and diesel backup.
Johnson Controls has sold off its power business, including its design and production of automotive batteries, to focus on management solutions for buildings and HVAC systems for industrial customers.
Energy Vault, a Swiss maker of energy storage systems based around gravity, has made its technology commercially available, with India’s Tata Power expected to be the first customer.
RWE has ‘frozen’ it’s planned 100MW battery at the proposed Tilbury Energy Centre amidst concerns that the project’s Combined Cycle Gas Turbine (CCGT) would not be able to secure contracts in the UK’s forthcoming Capacity Market auctions.
The global energy storage market will grow to a cumulative 942GW/2,857GWh capacity by 2040, attracting US$620 billion in investment, caused by sharply decreasing battery costs, according to a Bloomberg NEF (BNEF) report.
