Sales of battery storage units to residential households in Germany are booming, but it’s the value of services the batteries can provide, rather than the hardware itself that offers a long-term economic opportunity, a Siemens representative has said.
Today, energy storage projects often fail to deliver value because of economic miscalculations. These computational issues, however, can now be mitigated by applying software, analytics and machine learning, write Enrico Ladendorf and Bryce Evans of Pason Power.
While the relationship between renewable energy and energy storage is a close one, combining storage with natural gas is also an important stepping stone measure in the transition to 100% renewables, Energy-Storage.news has heard.
UK transmission network operator (TNO) National Grid has used a new web-based platform to dispatch ancillary services using battery storage in the first example of the new system being implemented across its reserve products.
As an interactive way to introduce its third generation of stacks, vanadium redox flow storage maker RedT debuted its augmented reality app at Intersolar Europe/ees Europe this year.
‘Batwind’, a much-talked about battery storage project due to being the first grid storage system connected to an offshore floating wind farm 25km off the Scottish coast, is now online.