Behind-the-meter storage is forecast to become a larger segment than grid-scale storage by 2021, and could pose a potential threat to utilities, according to Bloomberg Energy Finance (BNEF) senior analyst Logan Goldie-Scot.
A new report from Bloomberg New Energy Finance (BNEF) details how more than US$8 billion will be invested in new-build energy storage in the year 2024, driven by an increase in deployment of behind-the-meter storage.
Around 90 companies, including EDF, Enel and Engie, have expressed interest in financing and implementing research and development (R&D) projects relating to energy storage integration in Brazil, according the country’s energy regulator ANEEL.
Flow battery manufacturer ViZn Energy Systems will target the African market after forming a partnership with EPC firm Jabil Inala.
Used electric vehicle (EV) batteries could soon be on the market at a significantly reduced cost that competes with brand new energy storage systems, according to a Bloomberg New Energy Finance (BNEF) report.
The organisers of luxury sporting estate Eishken are planning to install 300MW of pumped hydro storage (PSH) on the Scottish Isle of Lewis to store energy primarily from wind farms on the island.
The proposed 4GW nuclear plant in the UK has been labelled too expensive and too risky but supporters say it is crucial for the UK’s future energy mix. James Blackman looks into the realistic role energy storage technology could play in any mooted alternative plans to keep Britain’s lights on.
There is “great appetite” within the commercial battery storage market, however far more investment certainty is needed over pricing and regulatory hurdles such as double-pricing for it to realise its potential.
The US Department of Energy (DOE) and the Indian Ministry of Science and Technology (MST) have committed new funds for research on energy storage and smart grids under the US-India Partnership to Advance Clean Energy Research (PACE-R) for US$30 million.
Total’s acquisition of battery provider Saft has set the tone for oil majors to follow and invest in energy storage, distributed generation and solar power ventures, according to a new report from Lux Research.
