An optimal power system portfolio for the US state of California that would drive the world’s fifth largest economy towards greenhouse gas reduction goals for 2030 and then to zero carbon by 2040, includes 1GW of long duration energy storage.
China’s energy storage industry entered a period of “rational adjustment” in 2019, as overall growth in new projects and capacity slowed down, yet deployed around 519.6MW/855MWh of new electrochemical energy storage capacity domestically.
While pumped hydro plants still account for around 96% of installed capacity of stationary energy storage worldwide, there will be more than 28GW of lithium batteries deployed for stationary storage applications by the year 2028, Navigant Research has predicted.
The residential energy storage market in the US has just enjoyed one of its biggest growth spurts so far, although action is mostly centred in specific states with supportive policies and conditions.
The commercial and industrial segment is one of the most promising sub-sectors of the energy storage space. Julian Jansen of IHS Markit describes recent efforts to model the US C&I storage landscape and what it reveals about this dynamic emerging market. As told to Andy Colthorpe.
A new study from Navigant Research into the strategy and execution of various lithium-ion battery providers in the utility-scale energy storage industry identified Korean companies LG Chem and Samsung SDI as “leaders” of a rapidly-growing sector.
The second part of our round-up of the best guest blogs of the year covers as wide a range of topics as yesterday’s list, from a mixture of experts and industry stakeholders.
The rise of energy storage will enjoy a similarly meteoric trajectory to that enjoyed by solar PV deployment in the past and could reach 305GWh of installations by 2030, BNEF has predicted.
The UK’s large-scale battery storage installations have reached 100MW of capacity, made up of around 50 individual sites larger than 250kW. Lauren Cook of Solar Media’s Market Research team discusses how this point has been arrived at and what we might expect to see coming next.
