The South Korean government to incentivise solar power plants to install energy storage systems (ESS) from 2017, raising local ESS demand by US$390 million.
Netwatch’s Justin Savage discusses the intelligent monitoring provider’s system and how it can be of benefit to owners of secure sites.
The Advanced Lead Acid Battery Consortium (ALABC) has set out a three-year research programme to improve the performance of lead batteries in energy storage and electric vehicles. It has called for investment of up to US$2 million per year from governments and research agencies to fund its studies, which will run through 2018.
The European Parliament’s committee for industry, research and energy (ITRE) has approved a new report that proposes amendments around electricity storage in the proposed ‘Winter Package’ legislation, due to be finalised in December.
The UK’s Brexit referendum has provided an opportunity for the UK to look outwards and become a pioneer for an energy storage revolution, according to Peter Aldous, UK Member of Parliament and chair of the All-Party Parliamentary Group (APPG) on Energy Storage.
German manufacturer Stornetic is to make its flywheel storage system available to train operators, so they can store energy from braking trains at stations to help power them as they depart again.
The US installed 41.2MW of energy storage capacity in the second quarter of 2016, up 126% from 18.3MW in Q1, according to the latest report from GTM Research.
Lithium-ion energy storage manufacturer Leclanché saw revenue of around CHF28 million (US$28.89 million) through H1 2016, up 65% year-on-year, according to the firm’s interim results for the half year ending 30 June 2016.
Bloomberg New Energy Finance (BNEF) senior analyst Logan Goldie-Scot discusses with Energy-Storage.News drivers for the recent uptick in storage across the globe, as well as insights on why America has an ideal regulatory approach to storage technologies, the recent UK tender, and the potential of dynamic markets in Asia Pacific.
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.
