Since 2010, the cost of lithium-ion battery packs for electric vehicles has dropped 60%, from $1000 to $400 per kilowatt-hour (kWh) according to analysis by BNEF. At the same time, concerns regarding urban air pollution and our need to deploy zero emission vehicles in these cities are increasing. Melissa C. Lott takes a closer look at how EVs could help – and what the limitations might be.
The number of installed stationary battery energy storage systems (BESS) is growing significantly. According to recent estimates, today’s annual global market volume of about US$1 billion is expected to increase more than twentyfold in less than 10 years, reaching a staggering US$20–25billion by 2024. Florian Mayr of Apricum Consulting looks at this growth in the context of specific use cases for storage in two of its most advanced regional markets, the US and Germany.
German trade association BSW Solar has called for an extension to the country’s PV energy storage incentive programme.
A large-scale energy storage system aimed at integrating renewables into electricity networks has been completed on the Hawaiian island of Kaua’i, paired with the state’s biggest PV array to date.
One research firm has welcomed predictions from a think tank that Germany’s electricity network could cope with the addition of “huge amounts” of solar-plus-storage and even benefit, but also agreed that policy changes will most likely be required to enable that scenario.
The UK’s Institution of Civil Engineers (ICE) has publishing a report which looks at how unlocking the potential of electricity storage through regulatory changes would support the transition to a secure and affordable low carbon economy, adding to a chorus of recent voices on similar topics coming from Britain.
PV Tech Storage spoke to Nancy Pfund of ‘social impact’ investors DBL Partners, among Tesla’s early backers and participants in two of the top five VC fund plays of this year’s third quarter.
Jordan’s state power company, NEPCO (National Electric Company), looks likely to deploy 20MW of battery-based energy storage, which according to storage provider AES Corporation will be aimed at easing the integration of wind and solar into the country’s energy networks.
Doosan Fuel Cell America will supply 30.8MW of hydrogen fuel cells to Busan, South Korea, in a deal also involving Samsung Construction and Trading (Samsung C&T) and Korea Hydro and Nuclear Power.
The importance of balancing and improving electric grids is opening up pathways to the deployment of utility-scale energy storage, according to a Guest Blog from SMA Solar Technology, published this week on PV Tech Storage.
