The cost of battery energy storage has continued on its trajectory downwards and now stands at US$150 per megawatt-hour for battery storage with four hours’ discharge duration, making it more and more competitive with fossil fuels. Andy Colthorpe spoke to Tifenn Brandily, lead author of BloombergNEF’s latest LCOE report.
Fluence has been able to keep working on “all but two or three” of 73 utility-scale battery projects, with battery energy storage increasingly considered an essential part of grid infrastructure in many parts of the world.
Portugal plans to kickstart next month the solar tender it had postponed as the country began its campaign to contain the COVID-19 emergency, the government has confirmed.
Solar Media’s Liam Stoker and Andy Colthorpe discuss the continuing effects of COVID-19 on worldwide power markets, reflecting on IEA forecasts for historic energy demand lows and what they mean for renewables.
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.
