The potential for storage to help stabilise the grid has finally been recognised in the UK, where battery projects took all of the 200MW on offer in a recent frequency response tender. David Pickup looks at the evolving role of storage in the future grid and how further policy support can help it flourish.
Australia will launch a new large-scale energy storage funding round, the country’s prime minister Malcolm Turnbull has revealed.
The cost of lithium-ion batteries for energy storage declined 65% in five years between 2010 and 2015, while battery storage’s use for electricity could hit 250GW by 2030, from just 1GW today, according to the International Renewable Energy Agency (IRENA).
Energy storage should be properly valued and supported at federal level in the United States, according to a government document analysing and evaluating energy policy released by officials of the outgoing Obama administration.