The CEO of Primus Power agrees that at present, lithium battery systems are more bankable than the flow battery energy storage systems of the type his company makes, but asserted that he believes this will change over time.
Plans are in place for a combined 160MW solar and wind project with up to 40MWh of energy storage in the Indian state of Andhra Pradesh, while a smaller scale demonstration project experimenting with multiple technologies is being developed for Kerala.
Massachusetts, one of the few US states thus far to put consideration of energy storage into long-term planning decisions for electric utilities, will support 26 projects with US$20 million in grants.
Changes to the de-rating factors for battery storage projects competing in the UK’s Capacity Market (CM) will push the sector towards longer-duration batteries, while potentially sparking a shift towards energy arbitrage as a source of revenue for shorter duration applications. David Pratt heard from several industry sources following last week’s announcement.
Construction on Australia’s first utility-scale wind, solar and energy storage hybrid project to be connected to the national grid is about to start near Hughenden in northwest Queensland.
Powerhive has been delivering access to electricity for rural and remote communities since its inception in 2011, classifying itself as much as a technology company as it is a developer or vendor of energy solutions. Andy Colthorpe spoke with Daniel Porras, vice president for impact and communications and a member of the executive team.
Future battery energy storage projects in the UK have been hit with a major blow after the government published its intention to lower the de-rating factor in capacity market auctions by almost 80% for 30 minute duration batteries.
On-site energy storage is “the way that you make the subsidy free package work” for large scale solar according to climate change minister Claire Perry who has pointed to Anesco’s Clay Hill solar farm as proof of why the technology so longer needs financial support from tax payers.
Battery storage technology costs will have to fall by a further 30% before projects in the UK are feasible without lucrative frequency response revenues, a leading investor has said.
Trade associations the Australian Solar Council and counterpart the Energy Storage Council have merged together to form the national Smart Energy Council.
