UK-based energy supplier OVO Energy has launched a suite of “revolutionary” products under its proprietary digital intelligence platform, including what has been called the world’s first widely available domestic vehicle to grid (V2G) charger.
As much as 40% of grid-connected battery storage projects that have been announced worldwide propose co-location with solar PV, from a pipeline of more than 10GW, analysts at IHS Markit have said.
Ofgem is to consider Scottish Power’s proposal to create demand side response (DSR) technology classes intended to apply new de-rating factors to energy storage used as part of DSR bids into the Capacity Market in 2019.
Energy-Storage.News caught up with Vish Iyer, global head of business development, strategy and marketing for the Hybrid and Energy Storage division at EPC firm Sterling and Wilson, to find out more about the company’s latest venture.
India-based EPC firm Sterling and Wilson has forayed into hybrid power plants and energy storage solutions and is already in advanced discussions for its first such projects in Africa and Europe.
Eelpower, a UK-based developer which has executed renewables and cleantech projects including hydroelectric-plus-storage, has secured a £20 million (US$28.5 million) investment from investment trust Gravis Capital Management to build out its pipeline of permitted energy storage sites and pursue new development opportunities.
In short, energy storage technology is set to revolutionise our society, EVs and beyond, with power companies among the most affected – whether they like it or not. The sector needs to wake up to this and decide what it is going to do about it. Education could provide the wake-up call that power professionals need, says Bo Normark of InnoEnergy.
British vertically-integrated utility Scottish Power has come under scrutiny from the demand side response (DSR) sector after proposing to national regulator Ofgem that de-rating factors applied to large scale battery storage should be extended to those used to provide DSR in the Capacity Market.