Volker Wachenfeld of SMA explores some technical and policy factors driving growing use cases for refurbishing home PV systems to add energy storage, and the markets where this is already gaining traction as an idea.
Secure financing for energy storage is likely to be the main driver for its deployment, the chief of the UK’s biggest solar developer has said, echoing views given to Energy Storage News by analysis firm Lux Research.
Misconceptions over the true value of energy storage are developing because of a “narrow focus” on the initial costs of the technology, a report has concluded.
As residential storage solutions fast become a staple of energy companies’ product portfolios, many in the market are addressing the growing conundrum of how to sell storage solutions to the residential customer, writes Daniel Roca of Panasonic Eco Solutions Europe.
Analysis firm IHS has said that as of the end of 2015’s fourth quarter, the pipeline of planned energy storage projects using batteries or flywheels had reached 1.6GW, in a year which had seen a “change in stakeholder mentality” in favour of the technologies.
SMA is aiming to tackle the market for retrofitting energy storage systems in to existing home PV installations, with a new AC-coupled version of its Sunny Boy inverter suitable for high voltage batteries.
Corporations and utilities are already interested in energy storage but must collaborate to advance deployment and lower costs, avoiding some of the past mistakes of the PV industry, according to the heads of one California-based industry group.
The unsung hero in the grid revolution is the data that enables new technology and provide more control of an increasingly complex system. Andy Colthorpe explored the growing role of Big Data in energy networks in a feature article for the downstream solar technology journal PV Tech Power.
DNV GL’s new recommended practice guidelines for grid-connected energy storage systems is aimed at “reducing risks” for investors and the wider community, the document’s lead author has said.
Globally, energy storage is developing rapidly. Businesses that are shaping the market are being asked to nominate themselves to join the Energy Storage 100, a new industry initiative from Energy Storage News’ publisher, Solar Media.