The rise of grid trading and off-peak tariffs, rather than the closure of the feed-in tariff and potentially the export tariff, will see the domestic storage market experience “huge growth” over 2019 according to SolaX’s European product manager ahead of next week’s Solar & Storage Live conference and exhibition in England.
Cloud-aggregated virtual power plants using residential or C&I battery storage as part of a smart energy management system can benefit the grid, integrate renewables and EVs and hopefully add a powerful long-term value proposition for home storage. Andy Colthorpe and David Pratt report on how some of the UK’s first VPP projects are proving the concept.
Rapid, far-reaching and unprecedented change is required to limit climate change to 1.5C, the Intergovernmental Panel on Climate Change (IPCC) has warned.
Investment management firm Gresham House is to float an energy storage fund on the London Stock Exchange next month, with an aim to raise £200 million to fund 262MW of energy storage projects over the next year.
Nevada could cost-effectively deploy between 750MW and 1,000MW of energy storage by 2030, according to an economic study commissioned by the state’s rulemakers to investigate the potential for the technology.
First developed by NASA, flow batteries are a potential answer to storing solar – and wind – for eight to 10 hours, far beyond what is commonly achieved today with lithium-ion. In the second of a two-part special report, Andy Colthorpe dives deeper into questions of bankability, market segmentation and manufacturing strategies with four very different providers of flow energy storage technology.
Charges of fraud levelled at Elon Musk after the Tesla CEO recently tweeted his desire to take the company into private ownership have resulted in a settlement with the US Securities and Exchange Commission (SEC) and an agreement that Musk will step down in his other role as chairman of the company’s board.
While the relationship between renewable energy and energy storage is a close one, combining storage with natural gas is also an important stepping stone measure in the transition to 100% renewables, Energy-Storage.news has heard.
Regulatory changes at the national level coupled with policy programmes in leading states will drive residential and commercial energy storage to new heights, according to various sources at this week’s Energy Storage International in California.
