The India Energy Storage Alliance (IESA) has welcomed provisions in finance minister Nirmala Sitharam’s Union Budget 2020-2021 to support renewables and prioritise climate change policy, although the group hopes more will be done to support in-country manufacturing of batteries for applications including ESS.
New-build solar and wind could outcompete most existing fossil fuels by 2025, while standalone energy storage also has a future in its own right, Nextera Energy executives have predicted.
Despite making huge strides forward, the energy storage industry’s work in helping stakeholders across the value chain understand the technologies and the roles they can play in a renewable energy future is far from done. Andy Colthorpe speaks with Energy Storage Association chief executive, Kelly Speakes-Backman, at the forefront of the industry’s push into unchartered regulatory, policy and public affairs matters.
NEC and developer Kearsage Energy have completed work on a 4.5MW solar PV array, combined with a 1.6MW / 2.8MWh AC-coupled battery energy storage system in Amesbury, Massachusetts.
Centrica and sonnen have completed a virtual power plant (VPP) project in the south of England, which will allow customers to maximise the potential of their solar panels while providing flexibility to the grid.
While pumped hydro plants still account for around 96% of installed capacity of stationary energy storage worldwide, there will be more than 28GW of lithium batteries deployed for stationary storage applications by the year 2028, Navigant Research has predicted.
