The first of Spain’s new clean energy auctions is set to take place next month, in a pay-as-bid system that the government said “will be compatible with energy storage”.
The European Union (EU) looks set to introduce the “most extensive product legislation in the world for batteries,” but its potential shortcomings include the risk that battery prices could go up and that established manufacturers from Asia might be better positioned to benefit from the rules than the new European value chain.
An agreement has been signed for a 100MW / 400MWh battery storage project in Queens, New York, by utility company Con Edison and Hanwha Group-affiliated renewable energy developer 174 Power Global.
The latest edition of PV Tech Power – PV Tech Power 25 – is now available to download from the PV Tech Store. Volume 25 of our downstream solar journal tackles a number of the most pressing topics in utility-scale solar development today and includes Storage & Smart Power, the section contributed to every edition by the team here at Energy-Storage.news.
Lithium battery technology is rapidly enabling the electrification of transport, and of the energy sector. However, batteries themselves can often be seen as a short-lived commodity and as yet, recycling and reuse have not become major priorities in the industry. Dr Amrit Chandan, CEO of UK-headquartered Aceleron Energy discusses what it means to build a circular economy around advanced lithium-ion batteries, designed with longer lifetimes and their repurposing for second-life use in mind.
A €105 million (US$127.6 million) push to develop low-cost, environmentally-friendly lithium-ion battery technology by Sunlight, a designer and manufacturer of batteries headquartered in Greece, will receive €49.9 million in grant funding.
A new strategic plan putting the New York Power Authority (NYPA) on the path to 100% carbon-free electricity by 2035 – five years earlier than the target set out in the US state’s policy goals – has been approved by the state public power organisation’s Board of Trustees.
Italy’s transmission system operator Terna has awarded five-year contracts for battery energy storage systems (BESS) to provide Fast Reserve grid services in an oversubscribed pilot auction.
Proposed updates to EU legislation on batteries that aim to address some of the issues associated with Europe’s supply chain have been welcomed by trade industry association RECHARGE, albeit with the suggestion that they may be too complex in their current form.
