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Smart Export Guarantee uptake has ‘sped up’ despite COVID-19 hurdles

Suppliers have reported growth in the uptake of their Smart Export Guarantee (SEG) tariffs despite challenges caused by the COVID-19 pandemic. Phil Steele, Octopus Energy’s future technologies evangelist, told Solar Power Portal that the supplier has seen “great success so far” with the tariff, with “thousands of customers” signed up. “During the past few months,

Energy Storage Market To See Explosive Growth This Decade

Solar, wind, and other renewable energy sources are set for spectacular growth in the coming years and decades as governments race to net zero. It was only a matter of time before energy storage strutted on stage, and according to Wood Mackenzie, it is going to be no less spectacular than renewables. The global energy

An Overview of Energy Storage Systems and Their Applications

This article will describe the main applications of energy storage systems and the benefits of each application. The continuous growth of renewable energy sources (RES) had drastically changed the paradigm of large, centralized electric energy generators and distributed loads along the entire electrical system. Nowadays, there are many renewable energy resources located much closer

Tips and tricks to select the ideal energy storage system

Given the increasing concerns about global warming and environmental impacts of burning fossil fuels, policymakers pay more attention to energy storage solutions than ever before. Apart from having the ability to address the intermittent supply of renewable energy, energy storage assets can also offer a multitude of uses consisting of frequency regulation and ancillary service

We Are In The Era Of Big Batteries

We are living in an era of big batteries, and they are getting bigger. Isn’t there a song about this: I like big batteries and cannot lie. You other utilities can’t deny, that when lightning takes out the power with a roaring CRASH but big batteries flip it back ON. In California, there’s a plan

Energy storage systems market to expand by over 6% per annum

The global energy storage systems market size surpassed $340 billion in 2018 and is set to achieve over 6% CAGR up to 2025, according to a report released by Global Market Insights. Increasing demand for continuous electricity supply along with growing focus toward renewable energy power generation will drive the global energy storage systems industry

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