When a financial crisis begins to unfold, it’s hard to assess the impact until well after the fact. The dot-com crash that started in 2000 and the subprime mortgage crisis that started in 2007 played out over several years. The S&P 500 recorded three consecutive double-digit losses from 2000 through 2002. Then after a
In 2019, the multi-year pattern of record-breaking deployments of utility-scale and behind-the-meter (BTM) energy storage in the US continued. According to Navigant Research’s latest Energy Storage Tracker 4Q19, annual deployments of energy storage resources in the United States have increased from nearly 350 MW in 2018 to approximately 774 MW in 2019, with pipeline
The coronavirus could reduce China’s battery storage production capacity by as much as 10% to 237 gigawatt-hours this year, according to research by Wood Mackenzie. Based on operational and announced capacity, this represents over 26GWh of production for 2020 and more capacity could be affected if delays persist, the analysts said. The Chinese government
Bristol City Council has this week passed a motion to declare an 'ecological emergency' and approved plans to install a battery storage unit at City Hall. The ecological emergency declaration, made on Tuesday (4 February), has been signed by Mayor Marvin Rees, Avon and Wildlife Trust chief executive Ian Barrett and members of the
Apart from driving a clean transportation revolution over the next three decades, electric vehicles (EVs) could help the power grid’s storage needs as growing shares of renewable energy sources—predominantly solar and wind—are being incorporated into electricity grids. Batteries from EVs could have so much more potential energy storage by 2050 that electric cars could
Huge savings after just four years I’ve been toying with the idea of installing solar panels and a Tesla Powerwall in my house for a long time, but I haven’t because I wasn’t entirely convinced about the long term savings. This story of an Australian household saving $5,700 on electricity bills may have changed
The Microgeneration Certification Scheme (MCS) has published its standard for the installation of battery energy storage systems. The scheme comes after several months of development, with input from Tesla, sonnen, Moixa, Powervault, the Solar Trade Association (STA) and the Renewable Energy Association, among others. It is set to complement the certification of other microgeneration
As the solar power industry pushes the boundaries of clean, renewable energy, more and more households and businesses are relying on the sun for fuel. But the sun only shines for part of the day – so, like many other energy setups, solar power needs a storage solution to be completely viable as a
Work Life While I learnt more about climate change and became more interested in electric vehicles and renewables I continued my existing full-time job working in the oil and gas industry. However I increasingly felt contradictions between my industry and what I was learning about carbon emissions and climate change. In 2010, as we
When designing a house, one of the most important issues is energy efficiency. That means there needs to be the right amount of insulation in the foundation, walls and roof, energy efficient windows, and well placed on the periphery of the house. The house also should be placed on the property for optimal solar