Federal energy regulator accused of ‘overreach’ after maintaining provision that forces storage projects to offer minimum prices when competing at state’s capacity market.
For Japan, the famous 4Ds of the energy transition – creating a distributed, decarbonised, decentralised and digitised grid – will involve a huge scaling up of smart solutions on a market basis, various sources have told Energy-Storage.news.
New proposals from the UK government intend to slam shut a loophole that had allowed for battery storage projects in the country to access more favourable payments for their flexible capacity.
In addition to Silicon Valley, California could also be host to its own “Lithium Valley” as the US state’s Energy Commission met last week to discuss extracting the vital battery ingredient from geothermal brine.
Virginia lawmakers passed a bill to support the US Commonwealth’s electric grid going 100% “clean” by 2050, which includes an energy storage deployment target of 3.1GW by 2035.
Action must be taken to build up domestic battery manufacturing capacity in the U.S. to meet demand for industrial-scale energy storage systems, argues Lindsay Gorrill, CEO of KORE Power.
Battery storage assets in the UK successfully landed capacity agreements in last week’s T-3 Capacity Market auction by listing as demand side response (DSR) assets.
A 1.2GW hybrid tender in India coupling pumped hydro, batteries, solar and wind power has achieved tariffs that are highly competitive against coal power, according to prominent industry figures.