South Africa’s Ministry of Mineral Resources and Energy is conducting a fairly unique procurement programme for 2GW of energy capacity, to come from a “range of energy source technologies”. Clean Horizon head of market analysis, Corentin Baschet, spoke to Andy Colthorpe about what the “almost technology agnostic” tender aims to do and the type of companies and projects likely to be successful in it.
By the middle of the 2020s, using hybrid ‘portfolios’ of batteries and renewable energy sources will economically outperform existing gas power plants, while the combination of technologies is already cost-competitive with building new gas plants, a new report from the US-based Rocky Mountain Institute has said.
Grid-connected energy storage deployments have enjoyed a compound annual growth rate (CAGR) of 74% worldwide in the years 2013 to 2018, with a “boom” in deployment figures expected over the next five years, analysis firm Wood Mackenzie has said.
Guidance issued by Britain’s transmission grid operator on how to co-locate energy storage with generation facilities has been welcomed by an analyst at industry group the Renewable Energy Association.