The complexities of combining batteries and solar microgrids are explained by Sam Duby, who is co-founder and director of research and development at mini-grid technologies company SteamaCo Ltd and consults for TFE Consulting. TFE Consulting is a strategy consulting firm focusing on accelerating the energy transition in emerging markets and is active in Africa, India, Southeast Asia and Latin America.
There is a significant opportunity for energy storage under the Trump administration, the US Energy Storage Association has said.
Financial services giant Morgan Stanley has anticipated that the US energy storage market will grow faster than current consensus expectations, while Deloitte has earmarked the technology for exponential growth – although not perhaps this year.
Listed funds in the UK which own a significant portion of the country’s utility-scale solar PV assets are not currently convinced by battery storage’s feasibility, but remain primed to deploy the technology at scale when the time is right.
Industry insiders have criticised a lack of encouragement for green energy projects after battery storage won just over 10MW of combined capacity in the latest capacity market auction, well down on the success enjoyed by the technology in December’s T-4 bidding process.
Advanced Microgrid Solutions (AMS) and Pedernales Electric Cooperative (PEC) have been awarded a US$3.24 million grant from the Department of Energy (DOE) to demonstrate the use of energy storage to stabilise high penetrations of solar energy into Texas’ electric grid.
Australia will launch a new large-scale energy storage funding round, the country’s prime minister Malcolm Turnbull has revealed.
Elon Musk’s electric vehicle and storage company Tesla has officially changed its name from ‘Tesla Motors’ to ‘Tesla Inc’ according to a new regulatory filing.
While Brexit – the impending departure of the UK from the European Union – looms, bringing uncertainty into the country’s economy and international relationships, the role energy storage will play in a decentralised, low(er) carbon and more flexible energy system at least seems a little more assured than it did before.