A new market mechanism for longer-duration storage should be created according to the UK’s Association for Renewable Energy and Clean Technology (REA).
Energy market mechanisms must evolve in order to support long-duration energy storage, with the existing frameworks having “significant problems” incentivising those technologies, a panel of experts has concluded.
The California Public Utilities Commission (CPUC) has amended aspects of its grid transparency tool to make it easier to deploy energy storage solutions in the state, following a motion from the Interstate Renewable Energy Council (IREC).
Mexico’s economy, international competitiveness and quality of power on the electric grid – as well as its environment – could be given a serious boost if battery energy storage systems were given a greater chance to contribute, a developer of projects based in the country has said.
The US energy storage industry remained “remarkably resilient” during what most of us have found to be a difficult year – to say the least. Andy Colthorpe speaks with Key Capture Energy’s CEO Jeff Bishop and FlexGen’s COO Alan Grosse – two companies that made 2020 one of growth in their energy storage businesses – to hear what lessons can be learned and why economics rule.
France’s electricity transmission system operator, RTE, is exploring options to reduce congestion on the grid at four strategic locations around the country and could award long-term contracts to battery storage systems that can help.
Virginia’s clean energy policies introduced during 2020 included the US’ biggest state-level target for deployment of energy storage – and the state’s regulator has now introduced the rules intended to enable achievement of that target.
The European Union (EU) looks set to introduce the “most extensive product legislation in the world for batteries,” but its potential shortcomings include the risk that battery prices could go up and that established manufacturers from Asia might be better positioned to benefit from the rules than the new European value chain.
Proposed updates to EU legislation on batteries that aim to address some of the issues associated with Europe’s supply chain have been welcomed by trade industry association RECHARGE, albeit with the suggestion that they may be too complex in their current form.
