Increased confidence in the asset class has been driven by three main factors: more third party trading counterparties entering the space and offering new and innovative products, increased volatility in the trading markets and the increased market size of frequency service contracts.
The battery storage optimisation and energy trading teams at EDF and Centrica Business Solutions – stalwarts of the UK’s Big Six of utility companies – have won 40MW of new deals to optimise large-scale battery storage systems.
A 10MW / 20MWh battery energy storage project in Belgium has achieved financial close and is expected to begin construction shortly, the consortium behind the project has said.
Find out what’s been going on in the UK energy storage market over the past three years, presented by not-for-profit clean energy expert group Regen at the Virtual Energy Storage Summit which took place online in late September.
Germany’s draft renewable energy laws, which the government is seeking to introduce next year, have been heavily criticised by energy storage systems association BVES.
The Energy Superhub Oxford in England is a sophisticated project to create a decarbonised urban environment using a mix of advanced technologies. Jorn Reniers, Postdoctoral Researcher at the University of Oxford’s Department of Engineering Science gives us insights into his role, which is to make a digital twin of the Superhub, including its 50MW hybrid battery storage system.
“Intelligent energy platform” company Kaluza is claiming a UK first as it provides one of the country’s distribution network operators (DNOs) with flexibility from domestic batteries and transport solutions using one platform.
The US national Energy Storage Association (ESA) has adopted a goal for the deployment of 100GW of new energy storage using a range of technologies by 2030, updating a previously set 35GW by 2025 target.
Combining energy storage with generation helps to unlock the core value of batteries and other storage, the US Energy Storage Association (ESA) has said, while data is now available on the status of installed and proposed utility-scale hybrid power plant projects throughout the country.
