Storage Will Be Energy’s Next Big Thing
The cost of renewables has been sinking. Harnessing the excess could be huge.
The cost of renewables has been sinking. Harnessing the excess could be huge.
Just weeks after the 12th International Renewable Energy Storage Conference (IRES2018) concluded in Düsseldorf, Germany, newly announced figures from Bloomberg New Energy Finance (BNEF) confirmed that battery storage technologies coupled with rapidly expanding renewables are blunting new fossil fuel investments.
One of the UK’s largest wind farm developers is preparing to charge up its first major battery storage project to help stabilise Britain’s power grid as more turbines begin to spin.Denmark’s Ørsted, formerly known as Dong Energy, is nearing completion of the world’s largest wind farm and from next month will become one of Britain’s