The levelised cost of electricity (LCOE) that can be achieved today for battery energy storage means that “new-build batteries can be competitive on cost with gas peaker plants,” according to BloombergNEF.
Despite making huge strides forward, the energy storage industry’s work in helping stakeholders across the value chain understand the technologies and the roles they can play in a renewable energy future is far from done. Andy Colthorpe speaks with Energy Storage Association chief executive, Kelly Speakes-Backman, at the forefront of the industry’s push into unchartered regulatory, policy and public affairs matters.
Despite the huge strides energy storage has made, significant hurdles remain before the technology in its many guises can be claimed to have fulfilled its massive potential. E-S.n editor Andy Colthorpe assesses the key successes and ongoing challenges for this indispensable part of the future power system.
VIDEO: Using solar and batteries to replace diesel and other fossil fuels at off-grid industrial sites is both a viable business model and a way to “inject” solar into the global energy mix in a smart – and economical way, MD Karim Wazni says.
24M, spun out of an MIT laboratory, claims its latest semi-solid battery ‘breakthrough’, Dual Electrolyte technology, heralds a new era to come for advanced lithium batteries. Andy Colthorpe spoke to some of the company’s leadership team to find out more.