It is likely Spain will introduce “important regulatory changes in the coming years” to enable the European country to meet a national target of deploying 2.5GW of energy storage by 2030, analysts at consultancy firm Clean Horizon have said.
Stationary energy storage in support of electric vehicles (EVs) charging could reach a global installed capacity of 1,900MW by the end of 2029 according to a new Guidehouse Insights report.
The US Federal Energy Regulatory Commission (FERC) hosted a technical conference on hybrid resources – pairing storage with generation – examining in order to overcome barriers that exist to the otherwise fastest-growing phenomenon of the grid.
More up-to-date training could have prevented severe injuries sustained by four firefighters in the April 2019 fire and explosion at battery storage facility in Arizona, according to a report into the incident from UL Firefighter Safety Research Institute (UL FSRI).
An April 2019 fire and subsequent explosion which caused injuries to firefighters and destruction of a grid-scale battery storage system in Arizona likely started with an internal cell defect that caused the “preventable” incident, analysis has found.
Between CA$1.5 billion (US$1.12 billion) and $4 billion in electricity system cost savings could be achieved by Ontario’s Independent Electricity System Operator (IESO) by installing 1,000MW of energy storage by 2030, according to a new study commissioned by Energy Storage Canada.
Funding into battery storage companies fell dramatically in the first half of 2020 compared to last year’s equivalent period, according to the latest reporting from Mercom Capital.
The US utility-scale energy storage market is projected to maintain its position as the world’s largest and fastest-growing in the coming years, according to a new report from Guidehouse Insights.
The value of energy storage increases with growing shares of renewable energy on the grid, but the availability and cost of storage will determine how successful decarbonisation with renewables can be.
Capacity payments that solar-plus-storage developers could earn from winning in Portugal’s big 700MW solar tender are an interesting first step, but will likely only be a supplementary income to add to what could be earned from ancillary services.
