The US industry deployed 168MW / 288MWh of energy storage in the second quarter of this year, the second highest quarterly figures on record, according to Wood Mackenzie Power & Renewables.
Bringing a proven, flexible, virtual power plant (VPP) platform into North America is a step towards “unleashing the potential” of distributed energy, the chief commercial officer of UK-headquartered solutions provider Kiwi Power says.
FERC Order 841 looks set to allow distributed storage to participate in wholesale markets in the US. Energy-Storage.news has collected a wide range of reactions and views from industry participants on what it means.
What has been described by the head of its federal regulator as the “single most important act” the US could take in smoothly transitioning to a “clean energy future” will become reality, with distributed energy storage set to join wholesale markets and compete to provide services on a “level playing field” with fossil fuel resources.
A project demonstrating aggregated solar-plus-storage in Louisiana involving energy storage company SimpliPhi Power, technology partner Heila and local utility SWEPCO has started off small, but is “expected to transition into a larger network of distributed systems, soon”.
Analysis firm Wood Mackenzie has held onto its forecast that the US will deploy around 7GW of energy storage annually by 2025 and found that 97.5MW / 208MWh of storage was installed during the first quarter of this year.
The business case for behind-the-meter (BTM) battery storage in Australia appears to be positive, according to a University of Queensland report on the performance of a 1.1MW / 2.15MWh Tesla battery energy storage system (BESS).
Eos Energy Storage will deploy a megawatt-scale, behind-the-meter zinc hybrid cathode battery energy storage system for a large oil refinery in Greece, claiming it be validation of the safety and environmental benefits of the novel technology.
Despite a subdued year in 2019 and a challenging start to 2020 caused by the COVID-19 outbreak, the outlook for energy storage remains strong, says Julian Jansen of market research group IHS Markit, taking a deep dive across segments and geographies.
