The White House announcement of new developments and investment in energy storage has been characterised as “the first executive office push for energy storage” that will “undoubtedly galvanize” the industry, in a new GTM Research brief by the firm’s energy storage director Ravi Manghani.
President Obama has announced a raft of activity focussing on the development, investment and regulatory framework for energy storage.
Germany, until recently the leading European nation for installed PV capacity, extended a scheme to support purchases of lithium-ion energy storage systems for solar at the beginning of this year.
Operators of transmission infrastructure and wholesale markets in the US have supplied their views on energy storage to the Federal Energy Regulatory Commission (FERC), with industry and other stakeholders expected to follow. Energy-Storage.News’ Andy Colthorpe spoke with Energy Storage Association policy expert Jason Burwen on what he describes as a “systematic review” that could have a transformative effect on the market and drivers for storage.
The Solar Energy Corporation of India (SECI) has invited expressions of interest for what may be India’s first utility-scale energy storage project to be combined with a solar and wind hybrid project at Rangreek in the mountainous state of Himachal Pradesh.
The US energy storage market grew 243% last year, making 2015 the biggest year of any on record for storage, according to GTM Research.
Germany’s support programme for solar-plus-storage systems, which offers a rebate on the devices, has been officially re-launched as expected by the Federal Ministry of Economic Affairs and Energy.
Misconceptions over the true value of energy storage are developing because of a “narrow focus” on the initial costs of the technology, a report has concluded.
California’s CalCharge is a partnership between public and private sector, aiming to accelerate the adoption of energy storage in the state. Andy Colthorpe of Energy Storage News spoke with CalCharge president Danny Kennedy, the Australia-born former chief of US residential PV installer Sungevity who has a colourful background in eco-activism and the programme’s recently appointed manager, Alex Luce.
Globally, energy storage is developing rapidly. Businesses that are shaping the market are being asked to nominate themselves to join the Energy Storage 100, a new industry initiative from Energy Storage News’ publisher, Solar Media.