Industry commentators have expressed shock and surprise that NEC Corporation’s Energy Solutions business has been wound down, while an analyst said the reasons for the energy storage system integrator’s demise are likely to go back further than the COVID-19 pandemic.
France, Italy, Spain and Belgium are among the regions of most interest for energy storage stakeholders in Europe, analysis firm Clean Horizon has told Energy-Storage.news.
With the continuing threat of wildfires in California, the state’s regulator has approved a plan to deploy distributed microgrids proposed by investor-owned utility (IOU) Pacific Gas & Electric (PG&E).
A project to create performance standards for residential and small-scale commercial battery energy storage systems in Australia has been completed, with project leader DNV GL raising hopes that the rules can inform the global market too.
SPONSORED: EDF are one of the largest aggregators of distributed flexible assets in Europe with significant presence in the UK, France, Germany and Belgium. Chris Regan, Head of Energy Trading Services, speaks to Energy-Storage.news editor Andy Colthorpe about EDF’s view on battery storage and optimisation, the impacts of the pandemic on this market and what the future could look like.
Lithium-ion cell prices will fall by around 46% between now and 2029, according to new analysis from Guidehouse Insights, reaching US$66.6 per kWh by that time.
Analysis firm Wood Mackenzie has held onto its forecast that the US will deploy around 7GW of energy storage annually by 2025 and found that 97.5MW / 208MWh of storage was installed during the first quarter of this year.
Industry voices in the UK have said that electricity market activity during the COVID-19 pandemic shows that the network will become prohibitively expensive and possibly unmanageable without the further rapid deployment of energy storage.
There was a near-70% increase in capacity of operational energy storage projects in China paired with solar energy from 2018 to 2019, according to figures recently published by the China Energy Storage Alliance (CNESA).
