The National Renewable Energy Laboratory (NREL) in the US has forecast dramatic cost reduction trends for battery energy storage to continue on a rapid trajectory to 2030 with reductions continuing at a slower pace through to 2050.
MAN Energy Solutions, a Volkswagen-owned engineering group perhaps best known for its work with diesel engines, has formally signed a deal to supply turbomachinery for Highview Power’s 50MW / 250MWh liquid air energy storage (LAES) project in the UK.
A group of eight transmission system operators (TSOs) across Europe have launched a joint initiative to highlight and develop the role that the grid plays in enabling decarbonisation targets to be met.
The electricity system operator (ESO) arm of National Grid in the UK has outlined four different pathways for the future of energy in the country in its Future Energy Scenarios 2021 document, detailing the transformation of the energy mix and flexibility, the residential sector and the transport sector.
A seasonal heat storage plant which will have a capacity of about 90GWh looks set to begin construction next year in Vantaa, Finland, with water stored in underground caverns heated to 140°C using renewable energy and waste heat.
Two startups seeking to disrupt the energy sector with novel long-duration energy storage technologies have formed partnerships with established industry players.
The suitability of battery storage and other advanced energy technology equipment for enabling greater integration of renewable energy onto Poland’s electricity grid has been successfully verified at the Polish-Japanese Smart Grid Demonstration Project.
Germany-headquartered multi-national renewable energy project developer Baywa r.e. has signed a long-term power purchase agreement (PPA) for a utility-scale solar-plus-storage project in California with San Diego Community Power (SDCP).
Talen Energy, a US independent power producer (IPP) with a 13GW portfolio of generation assets, has contracted energy storage developer Key Capture Energy to install a battery storage system at the site of a coal power plant in Maryland.
The cooling of commercial and industrial (C&I) buildings accounts for a significant percentage of energy use and greenhouse gas emissions (GHGs), but can instead be turned into “powerful energy assets.”
