Energy storage may prove to be the key bulwark against the so-called value deflation of solar expected as it achieves higher levels of penetration, according to an analyst at GTM Research.
The UK’s Institution of Civil Engineers (ICE) has publishing a report which looks at how unlocking the potential of electricity storage through regulatory changes would support the transition to a secure and affordable low carbon economy, adding to a chorus of recent voices on similar topics coming from Britain.
PV Tech Storage spoke to Nancy Pfund of ‘social impact’ investors DBL Partners, among Tesla’s early backers and participants in two of the top five VC fund plays of this year’s third quarter.
The UK government could deliver cheaper electricity bills to households and businesses by pursuing a decentralised energy strategy with solar and storage at its centre, a new report co-ordinated by major consultancy group KPMG has claimed.
Energy storage is likely to be a near future “game changer” for Australia and could make the country the world leader in solar-plus-storage, a new report claims.
US commercial energy storage provider Stem has deployed its first system in Hawaii, for a pilot project that could help the island state’s main utility reach renewable energy goals “better, and at lower cost”.
Energy storage will be used to maximise the benefit of locally generated solar power, including reducing transmission losses, in a trial put together in Bavaria, Germany, by a partnership between academics, private companies and local government.
One UK energy storage company has compared its latest venture to the energy trading markets of California ISO, as it prepares to pay its customers for providing vital grid services through their residential systems.
Investing in energy storage batteries to “create a 21st century, decentralised energy system” could pave the way to a sustainable and subsidy-free future for solar in the UK, according to an influential former minister.
Battery-based energy storage could provide up to 13 different services to the US electricity grid, while the usefulness of the technology increases the more ‘distributed’ it is along the system, according to a new report.