Not only can energy storage be used to “mimic” the roles of existing assets in the electricity network, a gigawatt-scale initiative in Germany shows how ways of thinking about energy storage could save transmission and networks “billions of dollars”, the COO of Fluence has said.
In what is unlikely to become a regular feature of Energy-Storage.news, but seems apt nonetheless, this edition rounds up news from some of the latest behind-the-meter orchestras of small-scale resources in the past few weeks.
Power markets are evolving and beginning to value flexibility ahead of generation. As the UK’s networks companies move to embrace flexible generation assets, Liam Stoker spoke to some of the country’s leading providers to identify the hurdles and solutions to a more flexible power grid.
French utility EDF has acquired UK battery storage firm Pivot Power, cementing its mulit-gigawatt bid to become a market leader in Europe’s energy storage market.
While recycling of lithium and other materials such as cobalt from batteries will greatly increase in the coming years, the potential availability of second life batteries should not be underestimated, according to new research and data.
Vanadium producer Bushveld Minerals has offered its backing to the merger of UK energy storage provider redT with US vanadium redox flow battery maker Avalon Battery, providing a loan to help the deal get over the line – and to help its own vertical integration ambitions.
By the middle of the 2020s, using hybrid ‘portfolios’ of batteries and renewable energy sources will economically outperform existing gas power plants, while the combination of technologies is already cost-competitive with building new gas plants, a new report from the US-based Rocky Mountain Institute has said.
