Florian Mayr, partner at Apricum – The Cleantech Advisory, reflects on knowledge gained in energy storage’s rapidly growing markets and offers his five key ingredients for success.
Arizona utility Tucson Electric Power (TEP) claims that the cost-effectiveness of a new large-scale solar-plus-storage facility under construction will allow it to provide “more solar energy to more customers for less money”.
Whilst most of the federal incentive buzz for energy storage surrounds California’s Self-Generation Incentive Programme (SGIP), new bills from Hawaii and Maryland provide insights on how state storage incentives are moving beyond the Golden State.
Italian energy company Enel has agreed terms to buy Element Power’s 12.5MWh battery storage project, which secured one of the most highly remunerated contracts in last year’s Enhanced Frequency Response (EFR) tender by the UK’s transmission system operator National Grid.
A number of demonstrator projects for smart grid and storage technologies have been awarded funding under Scotland’s Low Carbon Infrastructure Transition Programme (LCITP).
Microgrids are about more than novel off-grid systems. They could be the building blocks of the future, flexible, intelligent electricity network. S&C Electric discusses how one early project is helping prove the point.
Multinational energy company Engie Group has contracted NEC Energy Solutions and NEC Chile to provide a 2MW / 2MWh energy storage system to its subsidiary Engie Energia Chile in Latin America.
In less than 10 years, distributed solar-plus-storage systems will reach 27.4GW worldwide and be worth more than US$49.1 billion, with Asia and Western Europe leading the way, a new report from Navigant Research has forecast.