Developer Fotowatio Renewable Ventures (FRV) has unveiled the second utility-scale battery project in its “strategic plan to develop energy storage projects globally”.
While European power markets outpace the US and China for renewable energy deployment, the continent’s policymakers are yet to recognise the importance of energy storage for integrating that capacity onto the grid, new research from Wood Mackenzie Power & Renewables finds.
As much as 8GWh of energy storage may be required to enable Israel’s policy aim of sourcing 30% of its electricity from renewables by 2030 and to enhance the reliability of the electricity grid.
What does it take to successfully create a multi-gigawatt battery storage factory? Energy-Storage.news’ editor Andy Colthorpe moderates a discussion with some key players in Europe’s race to create a home-grown value chain.
Construction work has begun on Technology provider Highview Power’s 50MW / 250MWh liquid air energy storage (LAES) facility in Greater Manchester, England.
Energy storage systems were historically used for grid balancing purposes within Europe, limiting their use to such applications or to be considered as “auxiliaries” to renewable generation assets. However, as market prices evolve and new revenue streams emerge, stakeholders must discover the diverse applications energy storage can tap into, writes Naim El Chami.
Germany’s draft renewable energy laws, which the government is seeking to introduce next year, have been heavily criticised by energy storage systems association BVES.
The UK’s biggest battery storage project so far has been acquired by London Stock Exchange-listed battery storage investor Gresham House Energy Storage Fund and is already participating in numerous grid services markets.
