Renewables, EVs and replacing diesel to spur storage, CEO says AES, Mitsubishi complete 10-megawatt storage project in India India is presenting a potential investment opportunity of $50 billion in battery storage facilities that could help integrate renewable energy into the grid, replace polluting diesel-fueled power and boost electric mobility, the head of American energy firm […]
Energy Storage
US energy frim AES sees US$50b opportunity in Indian energy storage
NEW DELHI: India is presenting a potential investment opportunity of $50 billion in battery storage facilities that could help integrate renewable energy into the grid, replace polluting diesel-fueled power and boost electric mobility, the head of American energy firm AES Corp. said. “We think India is going to be a big market for energy storage,” […]
UK’s Capacity Market becomes target for flow battery maker CellCube
Long duration flow battery manufacturer CellCube will bring its large-scale vanadium redox flow systems to the UK, with the country’s Capacity Market firmly in its sights, according to Immersa, which the Canadian energy storage company has signed up to partner with. UK-based solutions provider Immersa is to offer the vanadium redox flow systems to its […]
Hydrostor Announces Australia’s First Compressed Air Energy Storage Facility, Advances Global Pipeline of Utility-Scale Projects
TORONTO: Hydrostor Inc., a leader in Advanced Compressed Air Energy Storage (A-CAES), is pleased to announce that its subsidiary, Hydrostor Australia Pty Ltd, has been awarded a combined total of $9 million of grant funding for Australia’s first A-CAES project, to be sited at a mine outside of Adelaide—the Angas Zinc Mine. The project represents […]
HOW CAN ENERGY STORAGE SYSTEMS REDUCE INVESTMENT EXPENDITURE FOR TSOS/DSOS?
Our demand for energy continues to grow – and while generation has kept up with demand, infrastructure improvements have lagged behind. Bringing grid infrastructure to modern standards is not a simple task. With most power grids many decades old, Transmission System Operators (TSOs) and Distribution System Operators (DSOs) face expensive decisions. Is it more cost-effective […]
In Australia’s Volatile Grid, Batteries Counteract Price Spikes for States and Homes
The grid demands more flexibility, and a cadre of developers are taking the plunge into fast-paced, competitive markets. -by Julian Spector Author’s note: This week we return to the globetrotting series on the world’s preeminent national storage markets. So far, we’ve covered the United Kingdom, Germany and South Korea. The grid took center stage in […]
Solar and storage becomes key focus in New South Wales election battle
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. Clean Energy Council (CEC) said of the Coalition government and opposition Labor Party announcements that it shows both major […]
ABB Wants to Boost Storage & Microgrid Activity with a $113-Million Fund
ABB, a global technology company that specializes in power and automation, plans to boost energy storage and microgrid installations with a $113 million fund provided by Susi Partners, a clean energy infrastructure investment advisor. Under an agreement between the two companies, ABB will provide its ABB Ability-based microgrid technology and battery energy storage systems. SUSI, […]
Lithium-ion batteries: in the fast lane
An accelerating need from transport is expected to drive demand for lithium-ion batteries during the coming years. Felix Maire and Roman Kramarchuk of S&P Global Platts Analytics outline the issues around the technology, as well as the sourcing and substitution of key metals. Both the transportation and power industry have been facing significant changes, driven […]
EV battery systems able to kick-start large power plants
Transmission system operator TenneT and Daimler subsidiary Mercedes-Benz Energy have joined forces in a development partnership to see whether EV batteries could stabilise large grids. The result: Automobile battery storage systems can indeed make a significant contribution to grid stabilization and system reconstruction. The study was carried out within the framework of the Enera project […]