Additions of new residential energy storage capacity in the United States reached a record high in the second quarter of the year, exceeding 30 MW, a new report by Wood Mackenzie says. The market for energy storage in the country is growing fast, the authors note, driven by customer interest and government incentives. In May
Imagine this scenario for a moment: It’s a nice day out. The sun is shining beautifully and you’re at the beach. You can feel the sand between your toes, the gentle breeze carrying the scent of salt to your nose as it passes through your hair. The water is gently flirting with the shore in
On August 9, a thunderstorm caused 1.5 GW of generation capacity to go offline within seconds in the U.K. The incident caused millions of households to temporarily lose power but the situation could have been considerably worse if not for the country’s battery storage reserves. Renewable energy company RES claims to have averted disaster in
Under the new law proposed by HM Revenue and Customs, the VAT for new solar and energy storage products will increase from 5% to 20% from October The government is being urged to stop the proposed VAT increase for solar and battery storage technologies by industry, environmental groups and more than 17,500 people. Under the
Energy storage installations for homes and businesses — involving battery technology — are on the rise in areas where extreme weather threatens the electric power grid, such as flood-prone Houston, wildfire-stricken California and hurricane-ravaged Puerto Rico. A sustained power outage can lead to serious consequences, such as loss of income and even death. Because of
A £55 million (US$67.8 million) fund has been earmarked for five projects in the UK looking at developing the next generation of battery storage technology. The government-led Faraday Institution has allocated the funding to five consortium-led projects with the aim of overcoming battery challenges, in particular by improving performance and cost characteristics. The projects will
As the world moves towards the mass adoption of renewable energy, some questions come to mind. Which energy sources are most practical for the future? How do we rebuild an energy infrastructure and economy that works? What economic models are best for this new energy economy? Energy storage can answer some of these questions. Energy
Those digits won’t mean a lot outside of energy circles, but they’re likely to be etched into the UK industry’s folklore. Just after 16:52 on Friday 9 August 2019, the UK’s power system - one of the most secure in the world - tripped, causing power outages felt by more than 1 million customers. While
Capturing clean, renewable power from the sun with a solar photovoltaic (PV) system brings many benefits, including lower energy bills and reduced environmental impact. But there’s been one thing missing, until now. Storing Solar Energy Solar panels produce energy all day whether you need it or not – and it’s often more than you need.
European energy company Vattenfall is combining a 22MW wind power plant with 38MW of solar PV at a hybrid project in the Netherlands, integrating the capacity with 12MWh of batteries from carmaker BMW. It will take little over a year to complete the project according to Vattenfall, with a planned operational date of September 2020.