Study Shows Strong Growth for Behind the Meter Energy Storage
Storage equipment market is expected to hit $4.6 billion and 3.9 GW in annual new deployments by 2023.
Storage equipment market is expected to hit $4.6 billion and 3.9 GW in annual new deployments by 2023.
Solar-plus-storage installs and virtual power plant roll-outs are providing a route to market for installers even in the absence of feed-in tariffs.That is the verdict of ex-Tesla and Trina Solar stalwart Ben Hill, who has recently joined virtual power plant (VPP) specialist Solo Energy as commercial and technical advisor to assist in the company’s VPP
Vehicle-to-grid (V2G) technology could provide 38GW of flexible capacity to the grid by 2030 according to Octopus Energy, which is calling for drivers to sign up to the Powerloop V2G consortium launched earlier this week.Having been awarded over £3 million by Innovate UK from a government funded competition in January, Powerloop brings together Octopus Electric
When Solar Power International (SPI) opens its doors in Anaheim on Sept. 23, thousands of the industry executives and professionals flooding in will be there for a different event — Energy Storage International (ESI). The co-location of the two trade shows signals the extent to which solar and storage are now seen as essential, complementary
Scotland’s first utility-scale battery storage facility has been officially opened today, having begun delivering sub-second balancing services to National Grid at the end of June under a bespoke agreement secured before the hotly contested Enhanced Frequency Response (EFR) auction of 2016.The 20MW Broxburn Energy Storage facility was built by RES, which had sold the project
As the world warms, energy demand is shifting. More and more energy is needed for cooling systems as heatwaves create health and safety concerns, yet little is being done to meet this requirement. What are the implications of a warming world on energy demand, and what more can be done?
Recent changes in the economics of the energy storage are causing a shift in the market for lithium-ion batteries, which could accentuate China’s position in the global energy storage market.Surging demand has led to a shortage of nickel manganese cobalt (NMC) batteries, giving lithium iron phosphate (LFP) batteries a chance to gain market share.
California’s Governor Jerry Brown has passed the state’s 2045 zero-carbon electricity target into law, offering a major boost to the energy storage sector in the process.The goal, part of the SB100 bill, pushes the state’s Renewable Portfolio Standard (RPS) to 50% by 2025 and 60% by 2030 with a zero-carbon electricity grid in place by
UNITED NATIONS — Secretary-General Antonio Guterres warned Monday that the world is facing “a direct existential threat” and must rapidly shift from dependence on fossil fuels by 2020 to prevent “runaway climate change.” The U.N. chief called the crisis urgent and decried the lack of global leadership to address global warming.
The US deployed 42% megawatts more energy storage in the second quarter of this year than in the first, with residential installations overtaking utility deployments for the first time.The latest edition of ‘US Energy storage monitor’, a quarterly report produced by Wood Mackenzie Power & Renewables (formerly known as GTM Research), also found that the