New proposals from the UK government intend to slam shut a loophole that had allowed for battery storage projects in the country to access more favourable payments for their flexible capacity.
EU decision-makers have recognised the key role energy storage can play, integrating it into the EU’s Clean Energy Package (CEP) in some critically important ways. Valeska Gottke at BVES looks at how Germany’s industry is working towards these same goals.
New York Governor Andrew Cuomo’s annual State of the State Address has reaffirmed his administration’s commitment to combating climate change and growing the green economy, while West Virginia Governor Jim Justice’s address spoke of “fighting” to retain coal jobs.
Battery storage submissions for forthcoming Capacity Market auctions in the UK have dwindled, with demand side response emerging as the clean technology of choice.
UK energy regulator Ofgem has confirmed it will press ahead with a contentious reform of electricity network charges which stands to damage the economics of distributed generation and energy storage projects in the country.
Pivot Power is to keep a watching brief on changing planning regulations pertaining to energy storage in the UK, opening up the developer to increasing the capacity of some projects within its portfolio.
By the middle of the 2020s, using hybrid ‘portfolios’ of batteries and renewable energy sources will economically outperform existing gas power plants, while the combination of technologies is already cost-competitive with building new gas plants, a new report from the US-based Rocky Mountain Institute has said.