With the UK’s Renewables Obligation now closed for large solar projects, energy storage takes the position of the most active sector in the UK energy market. As with any new technology, we have seen a lot of build up over the past few years, with much speculation about when the utility-scale market will take off, and how big it will be. Analyst Lauren Cook takes a deep dive.
Energy storage in the US has just enjoyed its greatest quarter for megawatt-hours deployed, up almost 1000% from the equivalent period last year, installing 233.7MWh.
The US state of California’s Senate has approved a bill that would provide rebates to customers for the purchase of energy storage systems, bringing the legislation a step closer to introduction.
The key value propositions for commercial energy storage are based around “maximising economics subject to operating constraints”, according to Stem and other energy storage system integrators and operators.
The UK is to become home to Europe’s largest battery flywheel system in a first for the country which will provide fast acting frequency response services and aid the integration of renewables.
Austin Energy, a publicly-owned electric utility in Texas, is delivering megawatt-scale storage systems as part of the US Department of Energy’s Sustainable and Holistic Integration of Energy Storage and Solar PV (SHINES) project.
Hybrid systems that combine high power technologies such as lithium-ion and long duration, high energy redox flow energy storage is “where the market will go”, the CEO of a vanadium ‘flow machine’ provider has said.
Even if the US withdraws from the Paris Agreement on climate change, economics and popular support for clean energy mean the industry will not lose its momentum, the chief commercial officer of Younicos has said.
Sami Khoreibi, CEO of renewable energy project developer Enviromena, discusses storage in the Middle East and Africa’s energy market in the next decade.
