James P McDougall, CEO of Younicos blogs on the possibilities of establishing a solar-oriented baseload – and why his company is convinced of the scaling potential of utility-scale batteries.
Energy storage is already competitive in a number of mainly grid-based applications, while lithium-ion battery prices could fall by as much as 50% in the next five years, financial advisory and asset management firm Lazard has found.
Steag, a major power generator which constructs, plans and operates power plants, is spending US$100 million on acquiring 90MW of large-scale energy storage to help stabilise Germany’s grid.
Top names have signed up to support the Energy Storage division of PV Tech Storage’s publisher Solar Media, which has launched a series of events and media activities for next year, targeting the UK’s nascent industry.
Jordan’s state power company, NEPCO (National Electric Company), looks likely to deploy 20MW of battery-based energy storage, which according to storage provider AES Corporation will be aimed at easing the integration of wind and solar into the country’s energy networks.
In contrast to “behind-the-meter” household energy storage systems, whose operational strategy is generally aimed at local financial optimisation of power consumption, the use cases for battery technologies on an industrial scale are primarily determined by the requirements of the electricity supply grids, particularly the regional distribution grids. SMA’s Voker Wachenfeld and Dr Alexsandra Sasa Bukvic-Schaefer take a closer look at some of the demands and applications driving the sector forward.
Financial activity in the third quarter of this year was slightly flatter than Q2 for smart grid, batteries, energy storage and energy efficiency, but the average deal size grew, according to Mercom Capital Group.
US commercial energy storage provider Stem has deployed its first system in Hawaii, for a pilot project that could help the island state’s main utility reach renewable energy goals “better, and at lower cost”.
While some observers have breathlessly called 2015 the “Year of the Battery,” a more accurate description might be that we are seeing the dawn of the “Age of Energy Storage,” especially the winning combination of storage integrated with solar and emerging smart grid technologies, writes Panasonic’s Daniel Roca.
24M Technologies, a battery company spun out of A123 Systems in 2010, has signed a memorandum of understanding (MoU) to supply its semisolid lithium-ion cells to NEC Energy Solutions for use in NEC ES’s integrated energy storage systems.
