MAN Energy Solutions, a Volkswagen-owned engineering group perhaps best known for its work with diesel engines, has formally signed a deal to supply turbomachinery for Highview Power’s 50MW / 250MWh liquid air energy storage (LAES) project in the UK.
Two startups seeking to disrupt the energy sector with novel long-duration energy storage technologies have formed partnerships with established industry players.
New York Governor Andrew Cuomo has said the state is “exploring every resource available as a potential tool to address climate change,” as funding was announced for long-duration energy storage technologies along with investigation on the role of green hydrogen in decarbonisation.
The state government of Queensland, Australia, has committed to a AU$14 million (US$10.5 million) project to refurbish and modernise a 570MW pumped storage hydroelectric plant.
Thailand-headquartered renewable energy group BCPG will invest US$24 million into vanadium redox flow battery (VRFB) manufacturer VRB Energy, aimed at accelerating VRB’s utility-scale VRFB business.
UK power generation company Drax has announced plans for a new underground pumped hydro storage power station, and will seek planning permission to expand its Cruachan site in Scotland to 1.04GW.
California Public Utilities Commission (CPUC) has approved a 11.5GW procurement of electricity capacity from greenhouse gas-free sources, while also approving a resolution that campaigners said will have severe negative impacts on the state’s residential solar and solar-plus-storage growth.
Growth in renewables and corresponding market pricing is the key driver for the commercialisation and global adoption for vanadium flow batteries (VFBs) and an important reason why we will see further growth for this technology over the years to come, says Ed Porter of Invinity Energy Systems.
Eagle Mountain is a large-scale pumped hydro energy storage project under development in California. It’s a win-win project, argues Jeff Harvey, a consultant with over 35 years experience in California and senior environmental scientist for developer NextEra Energy Resources.
Vanadium redox flow batteries (VRFB) could be integrated into a green hydrogen production technology through a collaboration between Australian resources company TNG and Malaysian renewable energy consultancy AGV Energy.