The reuse of electric vehicle (EV) batteries in stationary storage systems offers great possibilities, but investors still need to gain confidence in the ‘second life’ battery concept, the CEO of a company behind a new project in England has said.
An energy storage system made up of ‘second life’ batteries previously used in Renault’s electric vehicle (EV) has been deployed for Umicore, a multinational materials technology company headquartered in Belgium.
A recycling process for lithium-ion batteries already up and running, by Finnish state-owned energy services company Fortum could make dramatic reductions in their environmental footprint, the company has said.
EDF Energy has partnered with Nissan to launch a new energy storage proposition using second life batteries with the utility’s proprietary demand side response (DSR) platform in the latest high profile collaboration in the UK energy sector.
There will be no benefit to basing home energy storage systems on automotive batteries, in the medium or long term, a representative of Mercedes-Benz Energy has said.
Already this year we’ve been able to learn directly about the energy storage market in Europe from the Energy Storage Summit in London at the end of February and Energy Storage Europe in Dusseldorf, which just took place last week. Andy Colthorpe summarises what he’s seen and heard.
France-headquartered multinational utility ENGIE has followed up acquisitions in smart energy by incorporating three companies including commercial energy storage provider Green Charge into its parent brand, with the explicit aim of furthering its position in North American markets.
Energy storage provider Connected Energy has secured £3 million (US$4.13 million) of investment from Macquarie Group and ENGIE to fuel its growth plans in the UK and abroad.
