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.
Australia-headquartered engineering and professional services company WorleyParsons said its first EPC contract for a battery storage project in the US shows how the energy sector is moving from “mega projects” to “portfolios of smaller projects”.
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.
UPDATE: Major Indian solar EPC firm Mahindra Susten has put in the lowest bid for a solar and energy storage auction in the Andaman and Nicobar Islands for the second time, having seen its victory in the original auction torn away by authorities as they reportedly explored other sources of power generation.
Enel has become the latest big name to spy opportunities in the commercial and industrial (C&I) energy storage space in Ontario, Canada, signing an agreement this week for its first project in the region.
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.
Bulgana Green Energy Hub, a renewable energy project powering commercial crop farms in Victoria, Australia, including large-scale wind and battery energy storage, will be designed and constructed by Siemens Gamesa.
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.
