The greatest value aggregrators putting batteries and other assets in the UK’s electricity markets offer to their customers today is in providing access to the Balancing Mechanism (BM), through which the electricity system operator National Grid ESO matches supply and demand in real-time.
Update 24 September 2020: A few hours after the publication of this story, Entergy made public a new pledge to reach carbon neutrality by the year 2050. The company said that while it commits to this goal it will remain committed to “grid reliability and affordability for customers”.
It will be in the interests of more or less everybody involved in the “broader lithium-ion battery supply chain” to establish effective recycling ecosystems, according to an analyst with IHS Markit.
The US unit of German developer and EPC provider juwi has inked a power purchase agreement (PPA) with Colorado Springs Utilities for a 175MW solar project coupled with a 25MW battery storage system.
Tesla hosted its Battery Day yesterday in California before a socially-distanced audience all sat in various electric cars from the company’s range and revealed its ambitious plans for more than halving the cost of battery production.
The US state of Tennessee is set to join the advanced energy storage age with the deployment of a 40MWh stationary grid-connected battery storage plant.
Chinese companies CATL and KSTAR have begun supplying ‘all-in-one’ single phase residential energy storage solutions in Europe, kicking off with the market for home storage in the Netherlands.
Energy storage systems based around vanadium redox flow batteries (VRFBs) are being developed for residential use in Australia by partners Australian Vanadium (AVL) and Gui Zhou Collect Energy Century Science and Technology.
