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Search Results for: "energy storage summit" – Page 156

Experts from the industry discuss the investment landscape for energy storage. Image: Solar Media Events via Twitter.

Battery storage investment model still a work in progress

February 24, 2022
Although huge amounts of capital are being deployed into storage, some investors speaking at the Energy Storage Summit 2022 made it clear that the investment model is still set to evolve hugely. 
Representatives of NHOA, Solar Energy UK, Fluence and Trina Storage in the supply chain discussion panel, chaired by Robin Redfern of consultancy Everoze. Image: Solar Media Events via Twitter.

Battery storage supply chain ‘will come out stronger because of current challenges’

February 24, 2022
Pandemic-related supply chain issues for lithium battery materials hitting the energy storage space are just “bumps in the road” for the sector, and the supply chain will “come out stronger because of it”.
Solar Media deputy editor Molly Lempriere moderated the session. Image: Solar Media Events via Twitter.

Diverse energy storage market segments, tech and applications will drive growth to accelerate decarbonisation

February 23, 2022
Standalone storage, demand from commercial and industrial (C&I) customers and new types of grid services will increasingly help drive growth in energy storage in the coming years, but the future mix between battery-based and alternative storage types is still unclear.
Panellists at a session as the Energy Storage Summit returned for its 7th year. Image: Solar Media Events via Twitter.

Energy storage an increasingly accepted asset class, but European market regulation a hurdle

February 23, 2022
Investors are becoming increasingly comfortable with energy storage as an asset class but numerous regulatory and market design hurdles remain across European markets.
long duration energy storage

UK government awards funding to longer-duration energy storage tech projects

February 23, 2022
The first awards of funding designed to “turbocharge” UK projects developing long-duration energy storage technologies have been made by the country’s government, with £6.7 million (US$9.11 million) pledged. 
Fluence Gridstack, the company's modular BESS solution, for large-scale (pictured), will be deployed along with SMA inverters. Image: Fluence.

Fluence: Sections of energy storage value chain will commoditise

February 21, 2022
Creating a wider ecosystem of services and software is essential for system integrators to stay ahead, according to Julian Jansen at Fluence.
Lithium-ion utility-scale battery energy storage project in South Korea. Image: Kokam.

Asia-Pacific overtake of North America delayed as energy storage market tops 30GW by 2030, Guidehouse says

February 9, 2022
Asia-Pacific will overtake North America as the biggest utility-scale energy storage (UES) market by annual installed gigawatts (GW) by 2024-2025, according to a new report by Guidehouse Insights, one to two years later than in the firm’s previous forecasts.
1MW BESS pilot project in nearby Lithuania, which was followed by a portfolio of 200MW, thought to now be nearing their commissioning. Image: Litgrid.

Fluence supplying 40MW battery storage in Italy for Enel X’s Fast Reserve projects

November 19, 2021
Enel X, one of the winners of contracts tendered by Italy’s transmission operator to provide fast response frequency reserve to the grid, has contracted Fluence to supply two battery energy storage system (BESS) solutions. 
wartsila_texas_waves

Leyline JV provides financing support for 400MW / 1,400MWh of Virginia and Texas battery projects

July 1, 2021
Funding has been raised towards the execution of two battery energy storage projects in Virginia and Texas with a total capacity of 400MW / 1,400MWh, from a partnership of two investment groups and a power project development company.
Statkraft's 11MW BESS and wind power plant at Kilathmoy, Ireland. The system was commissioned in 2020, and was the first battery storage system to play in the DS3 market. Technology was also provided by Fluence as with the ongoing Cushaling project. Image: Statkraft.

Battery storage moved to protect Ireland’s grid in the ‘blink of an eye’ as frequency dropped

June 21, 2021
When the frequency of Ireland’s electricity grid dropped below normal operating range in May, two large-scale battery storage projects stepped in to help within 180 milliseconds, injecting power to help support and stabilise the network.
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