Australia will launch a new large-scale energy storage funding round, the country’s prime minister Malcolm Turnbull has revealed.
While Brexit – the impending departure of the UK from the European Union – looms, bringing uncertainty into the country’s economy and international relationships, the role energy storage will play in a decentralised, low(er) carbon and more flexible energy system at least seems a little more assured than it did before.
Another energy storage system project expedited to meet the resource adequacy requirements of a California utility following the Aliso Canyon gas leak has been completed, Powin Corporation has announced.
Nidec ASI has been selected as supplier of batteries to a 49MW energy storage project in the UK by EDF, which will help balance the grid and generate revenues until at least 2035.
A 1MW ‘virtual power plant’ part-funded by the Pacific International Center for High Technology Research (PICHTR), utilising energy storage across 29 customer sites, has been connected in O’ahu, Hawaii, by Stem.
Energy storage has been placed at the heart of the UK’s new industrial strategy as the government attempts to position itself at the forefront of research and innovation in the global market.
Dubai Electricity and Water Authority (DEWA) has signed a cooperation agreement with the renewables arm of major French utility EDF to share expertise and experience in areas including energy storage, renewables, EV chargers and energy system integration.
India’s first grid-scale solar-plus-storage tender from Solar Energy Corporation of India (SECI) has received very strong interest with a total of 13 developers submitting bids.
The UK energy storage industry is ready to deliver smart technologies for a clean energy system but requires the government to remove all barriers to deployment, the national Solar Trade Association (STA) has said.
The cost of lithium-ion batteries for energy storage declined 65% in five years between 2010 and 2015, while battery storage’s use for electricity could hit 250GW by 2030, from just 1GW today, according to the International Renewable Energy Agency (IRENA).