Smart software and artificial intelligence can forecast everything from how much electricity will be generated and when it will be generated, to the right strategies for putting that electricity into different market opportunities. Energy-Storage.news speaks with Matt Penfold, VP of business development for digital at Fluence, about how the company has added 1.5GW to its portfolio of renewables and storage under management in Australia’s National Electricity Market (NEM).
Australian renewable energy developer Genex Power has achieved financial close on what looks likely to be the country’s first new pumped hydro energy storage (PHES) plant in nearly 40 years.
There are perhaps four or five US states which have become prolific in their deployment of battery energy storage systems, but it’s also interesting to hear about what’s happening in regions where that development is still at an earlier stage.
The US’ Federal Energy Regulatory Commission (FERC) has blocked a request to delay implementation of new market participation rules for energy storage made by the Mid-Continent Independent System Operator (MISO).
Over a gigawatt of battery storage has been proposed in a plan to enable the wider rollout of renewables by Powercor, owner and operator of an electricity distribution network serving more than 800,000 customers in the Australian state of Victoria.
California governor Gavin Newsom has tabled a revision to the US state’s budget which would put US$100 billion into economic recovery, including US$912 million to accelerate progress on climate change mitigation through the energy sector and US$3.2 billion for zero emissions vehicles support.
A 99.9MW energy storage project in development in northern England by Renewable Energy Systems (RES) has secured planning permission, with the asset set to be operational in late 2023.
Battery energy storage system (BESS) and controls technology will be provided to a “smart industrial park” project in Thailand by Hitachi ABB Power Grids.
A rapid and significant increase in battery storage capacity will be among factors contributing to an improved energy security position for California’s electricity networks this summer, but the grid is still vulnerable to stress during any extreme heatwaves.
