Energy storage will increasingly be deployed to save money on electricity transmission and distribution (T&D) infrastructure, with nearly half of the global market to be found in the Asia-Pacific region by 2026, Navigant Research has said.
Car manufacturer Renault has created a new energy subsidiary which will create smart charging networks, explore vehicle-to-grid (V2G) solutions and utilise second-life EV batteries for stationary energy storage projects.
Microsoft is going to be the off-taker of power from a 37MW wind power project in Europe, trialling the use of integrated battery energy storage to trade the energy.
E.On has become the first company to have secured an Enhanced Frequency Response (EFR) contract in Britain last year to announce the completion of its project, following the installation and connection of a 10MW battery at a biomass plant last month.
Both energy storage asset owners and companies setting up to provide operations and maintenance (O&M) services for battery installations need to commit to higher levels of due diligence when selecting contractors according to RES Group’s head of solar and O&M.
UK electrical distribution system operator Northern Powergrid has begun using a £4 million (US$5.27 million) battery paid for by consumers to sell services to National Grid, despite plans from the national regulator Ofgem to prevent distribution network operators (DNOs) from doing so in future.
Battery vendors are being hit by a combination of rising prices for raw materials and continuing currency uncertainty, resulting in rapidly changing costs for businesses according to Easystart.
In a world where energy storage will play an increasingly important role – in balancing renewables, reinforcing the network, and reducing energy costs – how important will ‘brand’ be?
Accreditation and certification house DNV GL has just published an updated version of GRIDSTOR, a best and recommended practice guide for stakeholders in the grid-connected energy storage sector.
