Lithium-ion battery costs are tumbling. But large stationary storage systems still involve high capital outlays, which is why investors and asset owners need to find ways to improve their return on investment. The flexibility of modern battery storage systems is such that there are often many ways an asset can pay for itself, irrespective of
As the world moves toward cleaner power in the face of climate change, there’s a need for ways to park energy until it’s needed. Wood Mackenzie’s latest U.S. Energy Storage Monitor report found that the first-quarter 2021 energy storage performance was up more than 250% over the same quarter a year ago. Energy storage is
Solar panels require some upfront expenditure. But they also carry a huge range of benefits for you and the planet, including decades of energy savings! Are Solar Panels Worth It? Renewable energy is the future! Now, more than ever, the UK has a great relationship with renewable energy. We’re the world’s biggest generator of
Solar battery storage (commonly referred to as solar+storage) is a booming industry. When pairing solar panels with battery storage, homeowners can store excess electricity produced by their solar panels in order to expand their options for how they use their solar energy—and how they can profit from it. Solar battery storage allows them to rely
How a home battery system gets charged up from solar and the grid.
Annual battery storage installations will exceed 10 GW/28 GWh in 2021, following a particularly strong year in 2020, despite the challenges created by the global pandemic, writes IHS Markit analyst Mike Longson. Combined solar and storage will be a core focus for new deployment in 2021, as the front-of-the-meter and behind-the-meter energy storage markets are
A few years ago, fluctuations and complex storage solutions were the main factors hampering solar growth. Today, the sector is poised to leverage technologies to make a decisive leap. With a sustainable future around the corner, it will be innovative battery storage that will drive solar PV to become more powerful and efficient than ever
The coldest weather since 1989 hit Texas last month, knocking out much of its generation capacity and leading to rolling blackouts amidst a devastating statewide crisis. With the impacts of climate change being felt increasingly acutely around the world, concern that extreme weather events such as the one in the US state could shut down
Texas’ grid and the idiosyncrasies of its electricity planning system regime made global headlines in February following a harsh winter storm and subsequent blackouts that affected millions of people and businesses for almost an entire week. The tragic events, which left an estimated 30 people dead, were followed quickly by initial, predictable, depressing knee-jerk reactionary
Photovoltaic systems for single-family homes reduce electricity-related CO2 emissions of the households by 45%, according to EUPD Research. When a battery is added the CO2 emissions can be reduced by up to 85%. German-based market and economic research company EuPD Research has conducted an analysis on behalf of German storage manufacturer E3 / DC to