Renewables with energy storage can help build low carbon energy networks in the developing world – but the twin technologies still face competition from natural gas while they gradually mature, according to an electric power systems maker and integrator.
James P McDougall, CEO of Younicos blogs on the possibilities of establishing a solar-oriented baseload – and why his company is convinced of the scaling potential of utility-scale batteries.
Steag, a major power generator which constructs, plans and operates power plants, is spending US$100 million on acquiring 90MW of large-scale energy storage to help stabilise Germany’s grid.
Top names have signed up to support the Energy Storage division of PV Tech Storage’s publisher Solar Media, which has launched a series of events and media activities for next year, targeting the UK’s nascent industry.
The number of installed stationary battery energy storage systems (BESS) is growing significantly. According to recent estimates, today’s annual global market volume of about US$1 billion is expected to increase more than twentyfold in less than 10 years, reaching a staggering US$20–25billion by 2024. Florian Mayr of Apricum Consulting looks at this growth in the context of specific use cases for storage in two of its most advanced regional markets, the US and Germany.
Tesla batteries in microgrids will be deployed to help integrate renewable energy into California’s interdependent “water-energy nexus”, as the state faces it worst drought on record.
Germany’s market-leading residential energy storage system maker Sonnenbatterie is to enter the UK residential energy storage market with its lithium-ion storage system Sonnenbatterie eco.
Energy storage manufacturing is the fastest growing business unit for tool maker Manz, the company has told PV Tech Storage.
Tesla boss Elon Musk has claimed that his company is already sold out of stationary storage products for next year before the first ones have even been shipped to customers.
Investment giant Goldman Sachs will invest US$150 billion in renewables by 2025, including energy storage as a key part of this commitment, it has said.
