Customers procuring energy storage systems are emphasising their demand for energy, as well as power, as the market shifts to longer durations, a representative of Saft has said.
Thanks to “innovative business models” and the combination of PV with batteries, Japan’s “solar boom” is far from over, market expert Izumi Kaizuka of RTS PV has said.
Japanese conglomerate Marubeni Corporation has invested in US-based company, GridMarket, which is focused on distributed generation projects using battery storage, solar PV, fuel cells, and combined heat and power.
A large-scale energy storage project to be built in Texas will take advantage of the system’s flexibility to deliver multiple services, as opportunities grow in the state’s Electricity Reliability Council of Texas (ERCOT) market.
Many of the most polluting thermal power plants on the US grid today are also the most lucrative to run, but the service they provide could already be done twice as cheaply using solar and storage, developer 8minutenergy has claimed.
A key missing piece in the clean energy puzzle is the question of how to provide baseload power in an electricity system dominated by intermittent renewables. Javier Cavada of Highview Power examines cryogenic long-duration storage as a possible solution.
Walking around Energy Storage Europe this year it was obvious that the show, like the market, has grown from a small handful of “strong believers” as one source put it, to a forward-looking show focused on a ‘business-as-usual’ scenario.
Nippon Koei, one of Japan’s largest engineering firms, has formed a joint venture with a British battery storage firm to construct two 50MW behind-the-meter energy storage projects in the UK.