Flow batteries will take another major step towards widespread bankability with Lockheed Martin Energy launching its own system before the end of the year.
Major oil company Shell and European utility ENGIE are among investors to have pumped US$20 million into Husk Power Systems, a developer of microgrids which is expanding its efforts in Asia and Africa.
Northern Ireland’s Queens University Belfast (QUB) has found that battery-based energy storage can provide inertial response for system reliability much more efficiently, at a lower cost and with substantially reduced emissions than thermal generation. Dr Marek Kubic at Fluence, which is working with QUB, explains.
The vast majority of battery projects set to compete in Britain’s upcoming Capacity Market (CM) auctions will face significantly decreased de-rating factors after it emerged that most projects are still set to use either 30 minute or one hour duration batteries.
Energy storage provider Connected Energy has secured £3 million (US$4.13 million) of investment from Macquarie Group and ENGIE to fuel its growth plans in the UK and abroad.
The first ‘smart neighbourhood’ in the US state of Georgia is being created by utility Georgia Power and homebuilder PulteGroup, with each home equipped with solar PV, battery energy storage and other smart, clean and distributed energy resources.
Fresh details have emerged surrounding UK-headquartered utility Centrica’s rumoured 100MW battery after a planning application was submitted to Kilkenny County Council in Ireland through a joint venture formed in part by local subsidiary Bord Gáis Energy.
Median bids received by US utility Xcel Energy in a solicitation for energy resources for energy storage paired with solar came in at US$9 per megawatt lower than the previously observed record.
NEXTracker CEO Dan Shugar sat down to talk to Energy-Storage.News about developing – and selling – energy storage systems in lithium and flow battery ‘flavours’ alongside his company’s market-leading PV tracker systems.
VLC Energy has become the latest firm to finish its Enhanced Frequency Response (EFR) battery projects following the completion of two projects totalling 50MW.
