Merchant energy storage has become an investable asset class in the UK, a provider of battery optimisation services has said, with the market moving away from an emphasis on contracted revenue streams for supplying grid services.
Why the real competition is fossil fuels, which battery optimisation strategies yield the best returns and bringing safety rules and guidelines to the attention of first-responders are among the topics discussed on the latest special episode of the Solar Media podcast.
Climate-smart principles must steer the global search for the minerals and metals required by the green energy boom to make sure the process remains sustainable, according to the World Bank.
Residential energy storage provider Sunverge has won out in a competitive bidding process to provide systems and software for a proposed virtual power plant (VPP) project in Maryland in the US.
A survey of over 2,000 “senior business leaders” in G20 countries has found that electric vehicles and battery storage are the most popular assets to invest in among non-power generation technologies in the energy sector.
The Energy Storage Digital Series, an online-only conference and webinar series, produced and hosted by the events division of our publisher Solar Media kicked off yesterday. Here are some highlights and key quotes from opening panel discussion: ‘Predicting the energy storage tech of the future’.
A new guide has been published in the US to “help stakeholders assure prudent use of funds by electric utilities” when it comes to upgrading the distribution grid.
There are 1.3GW of read-to-build battery storage projects in the UK, with the majority between 30MW and 49.9MW power output per project, according to new analysis from Solar Media Market Research.
The cost of battery energy storage has continued on its trajectory downwards and now stands at US$150 per megawatt-hour for battery storage with four hours’ discharge duration, making it more and more competitive with fossil fuels. Andy Colthorpe spoke to Tifenn Brandily, lead author of BloombergNEF’s latest LCOE report.
Solar Media’s Liam Stoker and Andy Colthorpe discuss the continuing effects of COVID-19 on worldwide power markets, reflecting on IEA forecasts for historic energy demand lows and what they mean for renewables.
