Flow batteries will take another major step towards widespread bankability with Lockheed Martin Energy launching its own system before the end of the year.
AES Energy Storage and Siemens, which between them have delivered 500MW of energy storage worldwide already, will target 160 different countries and build a 400MWh battery system in California through new joint venture Fluence.
“A comprehensive agenda to combat climate change” unveiled on Tuesday by New York governor Andrew Cuomo, includes the setting of a state-wide energy storage deployment target of 1,500MW by 2025.
While acknowledging that the economics “vary significantly” by region and application, Navigant Research has forecast that energy storage for integration of renewables and co-located with solar or wind could be worth more than US$20 billion by 2026.
Power equipment supplier and system integrator Alfen is putting energy storage and EV chargers on a football stadium in its Dutch homeland, while the company is reportedly considering a stock market flotation.
Hospitals, schools and railways in South Australia will be powered by an electricity retailer started up by billionaire steel trader Sanjeev Gupta, following the signing of an agreement between the state government and Gupta’s SIMEC ZEN Energy.
Battery storage and smart technologies are to be rolled out to homes in the Irish town of Dingle as part of a new trial to test their potential to support the use of variable renewable energy supply resources and smart connection to the Irish electricity grid.
Major Japanese business and government entities have extended their involvement in energy storage with the announcement of the country’s first virtual power plants, an investment in a US frequency regulation project and partnerships on technology.
Government policy and regulation offer the biggest barriers to the deployment of battery energy storage in the UK according to a cross-party group of MPs focussed on energy storage, which claims 12GW of batteries could be deployed by 2021 under the right circumstances.
The latest confirmed initiative supporting the restoration of power in Puerto Rico is the donation of 6MW of batteries from AES, which has suggested microgrids and large-scale solar could be the answer to long term stability issues.
