Legislators in Minnesota have begun the first steps to establishing fair or optimal market conditions for the deployment of energy storage, setting out rules for determining the value of storage to the network.
Perth-based Hybrid Systems and BayWa r.e. have reaped the lion’s share of the first round of a programme to roll out ‘standalone power systems’ (SPS) across Western Australia.
With carbon reduction goals a long way off from being met in Europe’s transport sector, energy storage can play a key role in coupling transportation and energy technologies, the European Association for Storage of Energy (EASE) has said.
A new poll has identified energy storage as the most promising technology for institutional investors keen on renewable assets, amid plans by many to ramp up allocations.
SA Water, which delivers water to more than one-and-a-half million people in South Australia, has picked out local contractor Enerven to execute the roll-out of PV and battery storage across 70 of its facilities in the next 18 months.
Solar Energy Corporation of India (SECI) has issued a sizeable solar-plus-storage tender for the island archipelago of Lakshadweep involving 20MWac of floating solar projects coupled with 60MWh of battery energy storage systems.
UK battery storage firm Zenobe Energy has secured a £25 million (US$32.27 million) investment from Japanese power giants Jera and Tokyo Electric Power Company (Tepco).
Firm spies potential for more than 4.5GW of flexible power capacity in the UK alone and a home energy management industry which it expects to be worth more than US£2 billion (US$2.58 billion) a year by 2025.
Described as a project of ‘strategic importance’ for India’s entire energy sector, the country’s first grid-scale lithium-ion battery energy storage system officially went into service this week.
The scrapping of the UK’s Zero Carbon homes policy is costing occupants of new-build homes more than £200 (US$257.14) per year, essentially three times the targeted savings from a price cap set by the regulator, Ofgem.
