Shell has continued to scale-up its interest in distributed energy by participating in a €60 million (US$70.23 million) investment round by German battery storage firm sonnen.

In short, energy storage technology is set to revolutionise our society, EVs and beyond, with power companies among the most affected – whether they like it or not. The sector needs to wake up to this and decide what it is going to do about it. Education could provide the wake-up call that power professionals need, says Bo Normark of InnoEnergy.

Australia’s government has dropped plans for introducing a Clean Energy Target (CET) post-2020, opting instead for a technology-neutral plan that it claimed would prioritise reliability and bringing prices down.

Australia’s biggest utility AGL, which has committed to phasing out coal by 2050, has said it is likely to replace the capacity provided by one ageing power station with batteries, peaking plants, demand response and pumped hydro.

An impending €950 million (US$1.07 billion) acquisition of battery manufacturer Saft will enable French oil major Total to “span the value chain” and exploit synergies with EV and solar markets, an energy market expert has said.

Solar power systems serving an oilfield in Qatar will be fitted with utility-scale energy storage batteries, helping to ensure the continuity of operations at 775 oil wells.

Another large-scale project to test the grid-stabilising capabilities of battery-based energy storage systems will be launched at a solar farm in England, led by the National Grid, which is responsible for the UK’s electrical transmission network infrastructure.