The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

Market Analysis

February 7, 2017

Industry insiders have criticised a lack of encouragement for green energy projects after battery storage won just over 10MW of combined capacity in the latest capacity market auction, well down on the success enjoyed by the technology in December’s T-4 bidding process.

February 3, 2017

Advanced Microgrid Solutions (AMS) and Pedernales Electric Cooperative (PEC) have been awarded a US$3.24 million grant from the Department of Energy (DOE) to demonstrate the use of energy storage to stabilise high penetrations of solar energy into Texas’ electric grid.

February 2, 2017

Australia will launch a new large-scale energy storage funding round, the country’s prime minister Malcolm Turnbull has revealed.

February 2, 2017

Elon Musk’s electric vehicle and storage company Tesla has officially changed its name from ‘Tesla Motors’ to ‘Tesla Inc’ according to a new regulatory filing.

February 1, 2017

While Brexit – the impending departure of the UK from the European Union – looms, bringing uncertainty into the country’s economy and international relationships, the role energy storage will play in a decentralised, low(er) carbon and more flexible energy system at least seems a little more assured than it did before.

January 25, 2017

Increasing Li-ion demand will help to continue to lower energy storage costs, but also brings up an important issue: what should be done with the batteries after they are used in vehicles? Chris Robinson of Lux Research weighs up the pros and cons of recycling versus repurposing for second-life use.

January 25, 2017

News in Brief: Tesla’s Powerpack 2 is installed in a utility-scale project for SCE, Texan utility CPS opens EPC bids for a large-scale solar-plus storage project and Eguana and LG Chem expand their storage partnership.

January 24, 2017

Project funding for energy storage jumped to US$820 million in 2016 from just US$30 million in 2015, while Sonnen was revealed as the energy storage company to raise the most VC funding this year.

January 24, 2017

Energy storage has been placed at the heart of the UK’s new industrial strategy as the government attempts to position itself at the forefront of research and innovation in the global market.

January 20, 2017

New York’s chief economic development agency Empire State Development is launching a battery cell assembly facility in Eastman Business Park (EBP), Rochester, which will serve battery and capacitor companies, in collaboration with the New York Battery and Energy Storage Technology Consortium (NY-BEST).

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