The first grid-scale battery energy storage project in the Canadian province of Alberta is on-track to go into operation this month, while TransAlta, the company behind the project, has expedited plans to retire a coal plant citing “future market conditions”.
A “first-in-the-nation” policy called the Clean Peak Standard has been launched in Massachusetts, US, whereby a proportion of electricity used on the grid at times of highest demand must be considered ‘clean’.
The US Federal Energy Regulatory Commission (FERC) hosted a technical conference on hybrid resources – pairing storage with generation – examining in order to overcome barriers that exist to the otherwise fastest-growing phenomenon of the grid.
Eskom, the state-owned electricity utility of South Africa, has begun tendering for a battery energy storage system (BESS) of minimum size and capacity 80MW / 320MWh.
More electricity storage and longer durations will be needed for the UK to meet net zero, according to electricity system operator National Grid ESO’s latest modelling.
Lithium battery cells will be rolling off a production line at a 16GWh-capacity factory in France in 2023, with manufacturing startup Verkor then planning to scale up to 50GWh “in line with market dynamics”.
California investor-owned utility (IOU) Pacific Gas & Electric has begun work constructing a 182.5MW / 730MWh battery energy storage system (BESS) project at a substation in California.
Long duration energy storage is “essential” to help accelerate renewable deployment, according to the US Department of Energy’s Dr Imre Gyuk, who moderates this panel discussion with Matt Harper from flow battery provider Invinity Energy Systems and Russ Weed from gravity energy storage company ARES.
Northvolt has now raised over US$3 billion to support its plans to become a major player in the European battery manufacturing space, including US$1.6 billion in debt financing which it announced today.
