Andy Colthorpe caught up with Moixa CTO Chris Wright to hear about how a tie-in with trading company ITOCHU and the Ministry of Economy, Trade and Industry (METI) is creating smarter energy networks in Japan using solar, batteries, electric cars – and Moixa’s GridShare software platform.
Sales of battery storage units to residential households in Germany are booming, but it’s the value of services the batteries can provide, rather than the hardware itself that offers a long-term economic opportunity, a Siemens representative has said.
Firm spies potential for more than 4.5GW of flexible power capacity in the UK alone and a home energy management industry which it expects to be worth more than US£2 billion (US$2.58 billion) a year by 2025.
Consumers in a South London housing estate will soon be able to trade solar power amongst themselves as an blockchain-enabled pilot project backed by EDF gets underway.
Both major parties in the election race for the Australian state of New South Wales have put forward plans focusing on solar and storage for households, with some mixed but mostly positive reaction from the industry.
Residents of Ballyferriter village on the Dingle Peninsula in County Kerry are to join the project this month with the installation of domestic energy storage units in 20 homes.
An extra AU$100 million (US$70.76 million) of funding could be put into a rebate scheme for households buying energy storage systems in South Australia, after a peer-to-peer lending group stepped in.
Regulatory changes at the national level coupled with policy programmes in leading states will drive residential and commercial energy storage to new heights, according to various sources at this week’s Energy Storage International in California.
Installations of sonnen’s latest hybrid battery storage units are underway, alongside new residential solar arrays, as part of a Local Energy Market (LEM) being built by one of the UK’s largest energy companies to test the capabilities of a virtual marketplace of distributed energy resources.
Following news yesterday of the first grid-scale solar-plus-storage system on the Hawaiian island of Molokai, two more modestly-sized projects show the potential diversity of applications for energy storage in the US state.