Having previously said that the coronavirus pandemic had badly impacted its financial performance during 2020, a rebound is expected this year and next, ENGIE EPS, the energy storage and e-mobility subsidiary of European utility ENGIE has said.
Software is rapidly becoming recognised as key to the value proposition and bankability of energy storage, which in turn lies at the heart of the energy transition. Andy Colthorpe speaks to three providers of software aimed at the energy storage industry.
Hickory Park Solar project, a 200MW PV power plant in the US state of Georgia, will be equipped with a battery energy storage system that allows the local utility company to maximise the benefit of the renewable resource.
While it is better known for putting lithium-ion batteries in phones, tablets and computers, consumer technology company Apple said it is building a 240MWh battery energy storage system (BESS) at a solar PV plant in California.
At the Energy Storage Summit US, a panel of experts discussed the impact of the ITC on the uptake of co-located assets, but also the challenges of operating within its framework.
While interconnection queues for America’s electric transmission and distribution operators are “swelling up” with growing numbers of energy storage projects, some of the big challenges ahead include enabling fair market participation for both standalone storage and storage paired with generation.
The opening up of independent system operator (ISO) services as a result of FERC 841 has led to a “huge difference” in storage dispatch strategy for merchant markets with concurrent bidding now the typical strategy.
A pumped hydro energy storage (PHES) project at a former gold mine in Queensland, Australia which would be able to store 250MW of power for up to eight hours has raised significant funding in the past few days.
The residents of Parlier, a small city in Fresno County, California, are being offered a 20% reduction on their energy bills and reduce the amount of power they buy from utility Pacific Gas & Electric by 90%, by getting solar-plus-storage and energy efficiency equipment installed.
