What has driven the recent boom in Germany’s household energy storage installation figures? What value do customers expect when adding a storage system to their homes? And more importantly, what are energy storage providers doing to sustain and accelerate growth, which can eventually unlock a true mass market? Florian Mayr of Apricum takes a closer look.
Energy asset developer and owner Statera Energy has clinched a refinancing deal for its 50MW Pelham utility-scale battery storage plant in England, in a transaction which it says demonstrates both the maturity and “bankability” of the asset class.
Jardelund, Germany, is now host to what is currently Europe’s largest battery energy storage system, a 50MWh project completed and announced just a few days ago by NEC Energy Solutions.
Even among high level stakeholders, there are real gaps in education, knowledge and understanding of what energy storage is, and what it can do. We were privileged at last week’s Intersolar Europe/ees Europe shows in Munich, Germany, to be joined by four leading thinkers – and doers – in the energy storage industry, who helped us tackle this difficult question.
Ørsted has selected NEC Energy Solutions to provide the battery system for its largest UK energy storage to date, which will see a 20MW battery deployed near Liverpool.
In the past week, developer RES Group has just got a front-of-meter battery project underway for a utility company in northern Germany, while storage system provider Tesvolt has just signed a deal with another utility in the European country to distribute energy storage behind-the-meter for commercial customers.
Shell, which has just participated in an investment round for sonnen, is one of the big players in the incumbent energy industry that “really acts” on clean energy, rather than just talking about it, sonnen’s CEO has said.
Convergent Energy + Power, a US-Canadian project developer which has attracted investment from the venture capital arm of Statoil, has acquired 40MW of flywheel energy storage already in operation in grid-balancing markets in New York State and Pennsylvania.
Storage developers eyeing opportunities in Ireland’s DS3 programme will be able to bid for six-year contracts providing frequency response and reserve services in September when transmission system operator EirGrid will launch a new procurement process.
