A 1.2GW hybrid tender in India coupling pumped hydro, batteries, solar and wind power has achieved tariffs that are highly competitive against coal power, according to prominent industry figures.
Kelly Speakes-Backman, CEO of the Energy Storage Association and 2019 Cleanie Awardee for Woman of the Year, says Federal issues remain important, but we shouldn’t ignore the actions on the ground across the US.
EU decision-makers have recognised the key role energy storage can play, integrating it into the EU’s Clean Energy Package (CEP) in some critically important ways. Valeska Gottke at BVES looks at how Germany’s industry is working towards these same goals.
Tesla has anticipated a solid 2020 on the renewable deployment front after its figures for 2019 proved stellar for storage installs but far less so for PV additions.
New-build solar and wind could outcompete most existing fossil fuels by 2025, while standalone energy storage also has a future in its own right, Nextera Energy executives have predicted.
Despite making huge strides forward, the energy storage industry’s work in helping stakeholders across the value chain understand the technologies and the roles they can play in a renewable energy future is far from done. Andy Colthorpe speaks with Energy Storage Association chief executive, Kelly Speakes-Backman, at the forefront of the industry’s push into unchartered regulatory, policy and public affairs matters.
New study predicts the energy storage industry will grow to employ millions by 2050, fuelling a renewables jobs boom as fossil fuel industries shed millions of workers.
While pumped hydro plants still account for around 96% of installed capacity of stationary energy storage worldwide, there will be more than 28GW of lithium batteries deployed for stationary storage applications by the year 2028, Navigant Research has predicted.
The success of efforts to decarbonise economies in the UK and elsewhere could hinge largely on how governments and business communities – particularly large commercial lenders – engage with the sector in 2020, a UK-based financier of solar and storage has said.
