Lithium-ion cell prices will fall by around 46% between now and 2029, according to new analysis from Guidehouse Insights, reaching US$66.6 per kWh by that time.
Sunverge has been active in the market since 2011 and Martin Milani became chief executive officer (CEO) in late 2017, taking over from company founder Ken Munson. One of the pioneers of using aggregated residential energy storage systems to create virtual power plants (VPPs), here’s some of the backstory and where the company is going these days, as told to Andy Colthorpe.
Two grid-scale battery energy storage projects, one just completed in Texas and one just announced in California, give an indication of the growing market opportunities in the US’ regional grid operators’ service areas.
Plans to build five large-scale battery energy storage systems (BESS) across the islands of Hawaii will come up for public input via web links and community TV channels.
With industry heavyweights eyeing up developments of solar-wind-storage projects, Liam Stoker uncovers what’s really driving hybrid power plants, and the regulatory and financing hurdles that must be surpassed to deliver them.
With many climate protection advocates as well as the industry itself calling on Europe’s lawmakers to recognise the importance of energy storage, a “significant slowdown” in 2019 is expected to be countered with a more positive outlook going forwards.
Ireland’s DS3 is a “really interesting market” but there is a lack of clarity of what the enduring arrangements for procuring DS3 look like, says Statkraft Market’s head of UK energy storage, Nick Heyward.
The UK energy storage sector is forging ahead after a landmark year in 2019 which saw maturing business models further the asset class’ role in the country’s energy system.
Italy’s electric system operator, Terna, approved contracts for dozens of megawatts (MWs) of energy storage facilities to serve grid-balancing applications each month throughout 2019.
