The UK’s transmission system operator National Grid’s redesigned Capacity Market targets around 50GW of reserves up to 2023 and could be an early step towards longer duration energy storage batteries.
Halfway through 2018 and large-scale battery storage in the UK has reached over 450MW installed capacity, with around 250MW being completed this year alone. This is made up of projects bigger than 1MW, including larger behind the meter projects that have begun to emerge.
Commercial and industrial (C&I) energy storage in Europe, described by one analyst as “beginning to take off”, is the “most exciting” segment of the market at the moment, according to BYD’s global service partner.
After reporting last week on the findings from EMMES, the European Market Monitor on Energy Storage from Delta-ee and trade association EASE, which demonstrated a big rise in installations by MWh in 2017 across the continent, we delved further behind another record-breaking year with the report’s lead author, Valts Grintals of Delta-ee.
Australia’s energy and environment minister has hailed the country’s accelerating residential energy storage sales as a report has emerged from Chief Scientist Dr Alan Finkel which says the “financial equation is straightforward” for adding batteries to home PV systems.
Europe’s installed base of electrical energy storage leaped by almost 50% during 2017 but perhaps the bigger takeaway is the growing share of battery systems installed behind-the-meter, an analyst has said.
Cleve Hill Solar Park, the joint venture (JV) of Hive Energy and Wirsol intending to develop a 350MW+ solar farm on the Kent coast of England, has yet to make any decisions regarding the battery storage element of its plans, contrary to media reports.
Home storage systems have been considered an ‘early adopter’ market in many parts of the world, perhaps more important as a way that individuals can control their own green energy use and save energy than as a means of generating big money returns.
Softbank Energy and Kyocera, two major names in Japan’s solar energy industry, are partnering with utilities, grid operators and other stakeholders to execute virtual power plant (VPP) projects backed by the government.
Jardelund, Germany, is now host to what is currently Europe’s largest battery energy storage system, a 50MWh project completed and announced just a few days ago by NEC Energy Solutions.