Solar power, along with wind and storage capacity, will have to greatly increase if the UK is to meet its net zero emissions by 2050 goal, according to analysis by Aurora Energy Research. Aurora’s research presupposes capacity increases of more than 100GW of solar and wind, rising from 33GW today to more than 140GW in
We consume more and more electricity every day. The utilities and grid distribution operators must ensure industry and households are provided with the necessary connections. In order to do that, the grid must be expanded, and must be maintained periodically. This means that more often the power on the grid will be cut off while
October 14 (Renewables Now) - Battery storage exports to Great Britain’s distribution networks have jumped to almost 49 GWh in 2018 from 50 MWh in 2014, in line with the growing supply of variable power generation, a new report shows. The report by the Renewable Energy Association (REA) and energy market data hub operator ElectraLink
A story of a Halloween black out.
The international market for stationary battery storage systems (BSS) is growing rapidly. Within less than a decade, grid-connected BSS have evolved from a niche product to a mass market in which today international energy and automotive companies are competing for market shares. According to a recent study by BloombergNEF, almost 4GW of new battery storage
We are pleased to announce the launch of our new PowerBanx X35 home battery storage system, now available to order. It builds on the success of our PowerBanx X series, combining its ease of use and value for money with a much greater maximum capacity and lower cost per kWh. The X35 uses the
The lithium ion battery market is experiencing growth on all sectors, including consumer and industrial applications, electric vehicles, and stationary energy storage systems (ESS). In fact, there are estimates that the market will double or even triple in size by 2030. This growth is coupled with declining prices, with prices having fallen as much as
The world has watched on as some of its leading regional markets, China, South Korea, Australia, Japan, parts of the US, the UK, and many parts of Europe have raced ahead in deploying energy storage in the last five years, mostly, but not only, lithium-ion batteries. IHS Markit says that the US in 2019 will
Between April 1 and June 30, 2019, behind the meter residential energy storage in the US experienced its greatest increase in history — 35 megawatt-hours, according to a new US Energy Storage Monitor report from Wood Mackenzie Power & Renewables and the US Energy Storage Association. That represents a 20% increase from the same quarter
Solar panels and battery storage may have started out as the unlikely couple but are becoming more and more inseparable in todays’ world. But just as the ups and downs of finances impact a relationship, so do the sinking costs of solar and storage. Here, they are helping make the marriage of the two not