While European power markets outpace the US and China for renewable energy deployment, the continent’s policymakers are yet to recognise the importance of energy storage for integrating that capacity onto the grid, new research from Wood Mackenzie Power & Renewables finds.
As much as 8GWh of energy storage may be required to enable Israel’s policy aim of sourcing 30% of its electricity from renewables by 2030 and to enhance the reliability of the electricity grid.
Germany’s draft renewable energy laws, which the government is seeking to introduce next year, have been heavily criticised by energy storage systems association BVES.
UK electricity system operator National Grid ESO is reviewing its previously-announced timescale for the introduction of two dynamic frequency response services and phase out of the existing market regime.
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.
The government of Western Australia has issued a Request for Information (ROI) for parties interested in working on a 100MW / 200MWh battery energy storage project at the site of a decommissioned power station.
ENGIE EPS incurred increases in operating expenses and extraordinary costs due to COVID-19 which “more than offset” an increase in revenues that ENGIE’s energy storage subsidiary earned in the first half of this year.
Portugal’s second solar auction has closed with record-breaking low prices of €11.14/MWh (US$13.12), or US$0.0131/kWh, the country’s government announced yesterday.
Australian utility AGL is now inviting tenders to procure battery storage which will help it meet climate and sustainability goals – but the company expects to be economically dependent on coal as well as gas for years to come.
