The COVID-19 crisis is bringing into the public eye the US’ dependency on importing goods, particularly batteries for advanced energy storage and electric vehicles, the CEO of a battery materials startup has said.
With everything going on right now around COVID-19, there has been an increase in installers’ and customers’ desires for information. Aric Saunders of Electriq Power, based in California, goes back to basics to support the large group of installers that are just now trying to get into the storage business.
Utility company RWE has begun marketing a tech solution through which data centres, which already integrate batteries for uninterruptible power supply (UPS) systems, can use their UPS to “help stabilise the grid”.
Home batteries in a South Australia delivered significant revenues from their first six months of participation in a virtual power plant to help balance the grid, even with only an initial 1MW – 2MW of aggregated customer systems participating.
Production of commercial energy storage systems has begun at Tesvolt’s new 255MWh annual capacity factory in Wittenberg, Germany, with staff working in isolation due to the risk of COVID-19 infection.
Jan Andersson, market development manager at Wärtsilä, explores the need for large-scale energy storage solutions to aid the proliferation of electric vehicles and their necessary charging infrastructure.
NEC Corporation representatives have said that while the domestic market opportunity for battery energy storage remains fairly small for the Japanese company, it is expected to “increase dramatically” within the next three years at commercial and industrial (C&I) and utility-scale.
“The bottom line is that this is a good business decision. We will get back our money in eight to 10 years at the current price of power. As the price of energy goes up, we’ll pay it back even quicker.”
Blockchain technology and a digital trading platform enables sonnen’s latest virtual power plant (VPP) project in northeast Germany to store wind energy that would otherwise be curtailed and ‘lost’.
An electric vehicle-to-grid (V2G) charging system, which allows for bi-directional flows of power from US maker Fermata Energy has become the first to receive certification under a new standard introduced by UL.
