One of two dedicated energy storage investment funds listed on the London Stock Exchange has seen its Net Asset Value (NAV) per share fall slightly as a result of COVID-19 but remains optimistic for its performance over the year.

A representative of US energy holding company Duke Energy said yesterday that “no major technological breakthroughs would be required” for it to reach 2030 emissions reduction goals and that battery storage will play an important role.

“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.

Within the US, different jurisdictions are at different points of DER adoption and interconnection: Ravi Subramaniam at IEEE asks commissioners from across the country about the different drivers and dynamics they see.

Algorithms for the control and optimisation of assets including batteries can be an energy trader’s best friend – nearly all of the time. Aaron Lally, managing partner at UK-based clean tech trading house, VEST Energy, explains why it’s good to know when to switch from automation to human-controlled trading.

“Solar-charged batteries” can help solve California’s energy shortage, with energy storage already playing a small but active role in mitigating the struggle to meet peak energy demand, according to the leadership of two trade associations based in the US state.

The UKs largest council-owned battery storage site, the 30MW Fideoak Mill site, is now fully operational and able to participate in delivering multiple revenue-generating services.

Peer-to-peer (P2P) energy trading using distributed battery storage in Japanese households could be a scalable business once prohibitive rules change in a couple of years’ time, a provider of renewable energy equipment in the country has said.

AES Corporation reaffirmed its 2020 financial guidance in presenting its latest quarterly results, which showed a total backlog of renewables and energy storage contracts of 6.2GW, while the company said it will reduce generation from coal to less than 30% of its total capacity by the end of this year.