We hear from consultancy AFRY about how energy storage can reduce market risks for CfD-winning projects in the UK, now and in future, as Ørsted launches a BESS at a major wind farm project with a CfD.
AES Corporation has withdrawn one of its solar and battery storage hybrid facilities from Hawaiian Electric Co’s (HECO’s) latest renewable energy procurement.
The industry still has a lot of work to do on urban project development and navigating local permitting challenges, a senior executive of US developer-IPP RWE Clean Energy told Energy-Storage.news.
The New Mexico Public Regulation Commission has approved an application from Public Service Company of New Mexico to add 309.5MW of energy storage to the investor-owned utility’s portfolio by summer 2026.
Equinor-owned East Point Energy has submitted a Public Facility Review application with the Prince William Planning Commission in Virginia, US, for the construction of a standalone battery energy storage system (BESS).
Business model innovation and considering how to integrate projects into the wider energy systems will be key for long-duration energy storage (LDES) companies, partners at VC firm RA Capital told Energy-Storage.news.
San Diego Community Power (SDCP) has negotiated three agreements totalling 304MW of energy storage capacity to fulfil part of its long-term energy portfolio.
Battery storage thrives on energy market volatility meaning there will be good years and bad years, a panellist at Solar Media’s Renewable Energy Revenues Summit 2024 said last week.
Some of the current market prices for lithium-ion batteries are below cost and will not last forever but Europe still needs to be more cost-competitive, the CEO of one of Europe’s first large-scale manufacturing facilities told Energy-Storage.news.
