Energy storage will play an important role in US power systems between now and 2050, offering the opportunity to displace fossil fuels with low-cost renewable energy and balancing supply and demand across multiple regions.
The start of work on a hybrid renewable energy project combining large-scale wind power, solar PV and energy storage, marks “an important moment in South Australia’s clean energy transition,” the state’s energy minister has said.
Gresham House, a stock exchange-listed investor in battery storage in the UK and Ireland, has said the majority of its development pipeline projects could have at least two hour durations of storage when built.
Battery storage is begin assessed as a means to maximise the value of solar PV in Vietnam, with asset management group Dragon Capital having hired consultancy AqualisBraemar LOC Group (ABL Group) to conduct feasibility studies.
A lithium-ion battery energy storage system (BESS) engineered to be installed underwater will be paired with small-scale wave energy converters in a trial supported by the US Department of Energy (DoE).
We hear from two US companies which are stakeholders in both the present and future of energy storage, in this fourth and final instalment of our interview series looking back at 2021 and ahead to this year and beyond.