Representatives of battery and energy storage companies including AES Corporation and FIAMM believe the priority for the nascent energy storage industry should be to standardise technologies, along with developing a regulatory framework that recognises the value of storage.
NEC Corporation has commissioned a 2MWh lithium-ion battery energy storage system designed to ease the integration of renewable energy into the grid for Italian distribution system operator (DSO) Enel Distribuzione.
Japan has launched a subsidy programme to support the installation of lithium-ion battery-based stationary storage systems, offering to pay individuals and entities up to two-thirds of their purchase price.
The Rocky Mountain Institute has published a report which claims it could be possible, using PV coupled with storage, for portions of the USA to “defect” away from using grid networks entirely by 2030.
The utility-scale energy storage market will exceed US$2.5 billion in revenue by the year 2023, according to forecasting by Navigant Research, the research arm of consultancy Navigant.
