Energy storage firms have responded to the outcome of the general election with calls for stability, long term vision and an end to the “regulatory hurdles” that have limited the industry’s growth thus far in the UK.
Project financing for six large-scale energy storage systems in Germany has been helped along by due diligence provided by testing, certification and knowledge services group TÜV SÜD.
Commercial and industrial (C&I) businesses in the UK are to be offered free energy storage services from Omnio, a new firm set up to address the ‘overlooked’ market of small, distributed energy users.
A ‘hybrid’ plant for storing wind energy in batteries has been constructed by infrastructure and energy firm Acciona in Spain, thought to be the first such project in the country.
With the UK’s Renewables Obligation now closed for large solar projects, energy storage takes the position of the most active sector in the UK energy market. As with any new technology, we have seen a lot of build up over the past few years, with much speculation about when the utility-scale market will take off, and how big it will be. Analyst Lauren Cook takes a deep dive.
The key value propositions for commercial energy storage are based around “maximising economics subject to operating constraints”, according to Stem and other energy storage system integrators and operators.
The UK is to become home to Europe’s largest battery flywheel system in a first for the country which will provide fast acting frequency response services and aid the integration of renewables.
Hybrid systems that combine high power technologies such as lithium-ion and long duration, high energy redox flow energy storage is “where the market will go”, the CEO of a vanadium ‘flow machine’ provider has said.
