Effective ways of assigning economic value to services provided by aggregated storage systems must be found to progress the use of such technology, according to a technical consultant involved in a recent report assessing Australia’s energy storage landscape.
Enphase CEO Paul Nahi has said that the “unique” modularity of the company’s battery solution could be “incredibly valuable” to help it to meet the needs of customers in regions including Australia, where there is a “real economic case” for energy storage.
A research project conducted in partnership between Abu Dhabi’s Masdar Institute of Science and Technology (MIST), an independent university focused on sustainable technology, and Massachusetts Institute of Technology (MIT) will develop an energy storage system using Vanadium Redox Flow Batteries (VRFBs).
The closing of Feed-in-Tariffs (FiTs) for solar installations in the Australian state of New South Wales (NSW) at the end 2016 presents a “perfect marketing opportunity” for energy storage retailers, according to industry members.
Some news in brief from around the world of energy storage this week: One of the big solar inverter players, KACO, has picked out Ideal Power’s patented technology to boost its storage push, Electrovaya has been quick to highlight the positive impact it said it received from purchasing Litarion, an EV fast-charge station could be the first step in a big change for West Australia.
Renewables policy in the UK is in a state of flux, to say the least. PV Tech Storage’s Andy Colthorpe spoke to UK solar industry veteran Ray Noble about how and why this may be the perfect time for storage to shine in British households.
Reports that a grid operator in France has found battery-based energy storage “too costly” to be used to integrate renewable energy have been criticised by a spokesman for energy storage developer Younicos.
UK energy and climate secretary Amber Rudd has spoken of her excitement of the “fantastic opportunity” posed by combining energy storage solutions with solar PV.
Energy storage can become a “significant” component for future balancing of the UK National Grid, but must overcome policy challenges if it is to realise its potential.
Battery manufacturer BYD’s deal to supply up to five electric double-decker buses for London is a “big win” for the company but not enough for them to start discussions on a European base, according to Lux Research’s Lilia Xie.
