A City of London investment bank has said it agrees that Swiss energy storage maker and integrator Leclanché will reach profitability, but expects it to take a year longer than the company itself has predicted.
The US Department of Energy’s (DOE) assessment of reliability and security of the country’s electrical grid network is “encouraging”, the Energy Storage Association’s head has said in her initial reaction to the report’s publication.
The requirement of nine hours of energy storage duration at a project touted as a possible replacement for a new natural gas plant in California makes it tough for the newer technology to compete on cost, an analyst has said.
Filipino renewable energy firm Solar Philippines is developing an off-grid solar, battery and diesel micro-grid in the Philippines that could be the largest of its kind in Asia, according to the company head.
The growing commercial viability of energy storage has led regulators in the US state of New Mexico to add the technology to the suite of resources available to utilities in their forward-planning.
Regulations for the safe use of energy storage systems still need adaptation to “accommodate a broader use of energy storage with higher energy content like lithium-ion batteries in private homes”, experts at Fraunhofer ISE (Institute for Solar Energy Systems) have said.
One of the distribution network operators (DNOs) tasked with maintaining security of electricity supply into British homes is launching a tender for flexibility services that include energy storage.
A set of guidelines for safely installing energy storage at customers’ houses will probably undergo significant revision from its current draft, which has been slammed as “not fit for purpose” by the head of the Australian Energy Storage Council.
Europe’s ‘first commercial battery park’, a 5MWh lithium-ion battery system that was recently tripled in size to 15MWh, has been used to successfully restart a disconnected power grid in Germany.
California’s grid operations will be supported by the ramping of an estimated 3,000MW of energy storage, when a solar eclipse expected across the Pacific North-West of the US will cause PV generation to dip.
