Energy storage installations in the US this year are expected to be treble what they were in 2014, making it the “biggest year ever” for storage, according to the latest forecasting by GTM Research.
It seems increasingly likely FiTs for solar and other government support mechanisms will be heavily cut in the UK, with job losses already taking place and more seeming inevitable. At first storage seemed like a simple solution for installers and the wider industry to shift its focus – even if only temporarily. UK renewable energy recruitment specialist David Hunt of Hyperion Executive Search, himself a former solar installer, takes a closer look.
A new report from Australia identifying gaps in safety practices for energy storage technologies has recommended that improving knowledge of safety hazards and renovating standards is essential to the storage industry’s integrity and future growth.
The eligibility of energy storage systems for a programme financing energy efficiency and renewables through property tax assessment shows that the technology is maturing rapidly, according to the CEO of the North American arm of Sonnenbatterie.
While lithium-ion is expected to hold its leading position as the battery chemistry of choice for at least the next decade, it would be wise to consider investing in its possible successors, according to Lux Research.
A trade association representing some of Germany’s energy storage industry has welcomed the renewal of a support scheme for batteries, but says that establishing “fair market conditions” for storage would be more important.
Germany is looking increasingly likely to extend its incentive programme for domestic energy storage systems, according to a prominent member of the country’s Green Party.
Since 2010, the cost of lithium-ion battery packs for electric vehicles has dropped 60%, from $1000 to $400 per kilowatt-hour (kWh) according to analysis by BNEF. At the same time, concerns regarding urban air pollution and our need to deploy zero emission vehicles in these cities are increasing. Melissa C. Lott takes a closer look at how EVs could help – and what the limitations might be.
Sonnenbatterie, Germany’s market leader for residential energy storage, has launched an energy trading platform that the company believes could make it as big as existing utility companies, rebranding itself as Sonnen in the process.
The falling cost of energy storage technology will break up the concentrated nature of the global market, according to a new report by IHS Technology.