Study conducted by the Massachusetts Institute of Technology Energy Initiative has found energy storage can be a key enabler for the clean energy transition.
The installed cost of solar PV, solar-plus-storage and standalone battery energy storage in the US was reduced across all market segments between 2020 and 2021, with the biggest drop seen in the utility-scale segment.
The National Renewable Energy Laboratory (NREL) in the US has forecast dramatic cost reduction trends for battery energy storage to continue on a rapid trajectory to 2030 with reductions continuing at a slower pace through to 2050.
Energy storage system designer and integrator FlexGen has launched a new service that figures out the feasibility of pre-development projects using the company’s DigitalTwin technology.
Battery storage can be a significantly cheaper and more effective technology than natural gas in providing peaking capacity, according to a new study released by the Clean Energy Council, the industry group which represents Australia’s clean energy sector.