The Energy Storage Report 2024
Now available to download, covering deployments, technology, policy and finance in the energy storage market
Manufacturing equipment supplier Manz AG said 25% of its revenues for the first nine months of this year came from its energy storage segment, despite the ill effects of a large order being stopped.
A New Zealand network operator will install a grid-scale battery from S&C Electric as part of a pilot programme.
The utility has integrated battery energy storage systems into California’s electricity market CAISO for the first time.
Energy storage in the US is being propelled forward by falling costs and increasingly favourable markets and policy. But for the full value of storage to be realised, numerous regulatory and fiscal barriers must still be surmounted, writes Matt Roberts.
Third parties and utilities will finance around 84% of the market for grid-tied stationary battery energy storage by 2025, according to a report from Navigant Research.
Battery manufacturer and developer NEC Energy Solutions is to supply Southern California Edison (SCE) with its first grid energy storage pilot system under a procurement programme established last year.
US-Canadian energy storage project developer Convergent Energy and Power has secured third-party project financing for 12MW of energy storage projects in Canada that will provide grid services.
Tesla-SolarCity could become an energy equivalent to an Uber or AirBnB, with a merger between the two creating “an integrated sustainable energy company, which does not own any centralised generation assets”, one expert has commented.
The North American subsidiary of international investor-owned energy supplier E.ON has begun construction on its first energy storage project.
From the outside, the VPP looks like a single power production facility that publishes one schedule of operation and can be optimised from a single remote site. From the inside, the VPP can combine a rich diversity of independent resources into a network via the sophisticated planning, scheduling, and bidding of DER-based services. Peter Asmus examines the role energy storage can play within this architecture.