Total’s acquisition of battery provider Saft has set the tone for oil majors to follow and invest in energy storage, distributed generation and solar power ventures, according to a new report from Lux Research.
DNV GL has launched the GRIDSTOR Join Industry Project, aimed at forming a recommended practice for energy storage, to which it wants to invite 15 partners from across a range of stakeholders.
Energy storage technologies are not the “silver bullet” they have sometimes been hyped as, but nonetheless have a crucial role to play in a decarbonised electricity system, according to the International Energy Agency (IEA).