Infrastructure service provider Lumea has opened up a process to tender for a 300MW grid-connected battery project near Melbourne, Australia, intending to build the project without government funding.
A residential virtual power plant (VPP) programme in Maryland has received regulatory approvals, enabling a partnership between technology provider Sunverge and utility Delmarva Power to get started on the project.
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.
Decision-makers across Canada now recognise the value that energy storage can bring to the grid, with Ontario’s grid operator establishing its first-ever set of market rules for energy storage’s participation.
The CEO of US virtual power plant provider Swell Energy has said that New York utility company Con Edison has been “very progressive” in recognising the value that aggregated home battery systems paired with solar can offer.
Stem Inc has completed a front-of-the-meter solar-plus-storage project in Massachusetts that will participate in New England’s wholesale markets run by system operator New England ISO.
The battery storage market in the UK has become a viable investment opportunity in just the past few months, even without the backing of long-term contracts for grid services, according to an investment manager in the renewable energy sector.
Texas’ grid and the idiosyncrasies of its electricity planning system regime made global headlines in February following a harsh winter storm and subsequent blackouts that affected millions of people and businesses for almost an entire week. It may be a unique market with unique characteristics, but what wider role can batteries — and other energy storage technologies — play in assisting the grid to remain stable and prevent a situation like this from happening again?
A look at this morning’s Energy Storage Summit 2021 keynote discussion, ‘What is the key for really making money from batteries?’ and the panel’s thoughts on the increasingly complex range of revenue pathways.
Fluence has struck a deal that could showcase new digital capabilities since it took over energy storage artificial intelligence and software provider Advanced Microgrid Solutions (AMS) last year.