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Key trends in battery energy storage in China
China has been an undisputed leader in the battery energy storage system deployment by a far margin. The nation more than quadrupled its battery fleet last year, which helped it surpass its 2025 target of 30 GW of operational capacity two years early. ESS News sat down with Ming-Xing Duan, secretary of the Electrical Energy Storage Alliance (EESA), to discuss the latest market trends.
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Econergy connects its first UK-based energy storage project Swangate with 102 MWh to the grid
Econergy Renewable Energy Ltd. (TASE: ECNR), a leading European renewable energy producer, is pleased to announce that its Swangate (West Melton) battery energy storage project in Yorkshire, United Kingdom has been successfully connected to the grid.
Energy storage is a solved problem
There are thousands of extraordinarily good pumped hydro energy storage (PHES) sites around the world with extraordinarily low capital costs. When coupled with batteries, the resulting hybrid systems offer large energy storage, low cost for both energy and power, and rapid response. Storage is a solved problem.
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When will there be nationwide financing solutions for battery storage systems in Germany?
The use of battery storage systems is essential for the success of the energy transition and the best possible use of renewable energies, but also for being able to temporarily store surplus energy from other sources. Technically, there are already solutions for all possible sizes of battery storage systems, from private home storage systems to large-scale storage systems with a capacity of more than 50 MWh. But what about the financing of battery storage systems, is it already offered as standard?
The significance of state-of-charge
Everoze Partner Nithin Rajavelu considers the crucial importance of properly measuring and managing battery state-of-charge (SoC) for the efficiency, longevity, and safety of battery energy storage system (BESS) projects, especially in lithium ferro-phosphate (LFP) devices, which are widely used for large-scale storage.
Sep 25, 2024
Global energy storage market: H1 2024 installation figures
Policy mandates in China have driven the global energy storage market in the first half of 2024 to new highs, backed by the rapid growth in the US market. Meanwhile, Europe posted mixed results. Robin Song, InfoLink Consulting’s energy storage analyst, breaks down the figures.
Battery storage for Germany’s energy transition: Unlocking untapped potential
Germany's energy transition is making significant progress: In the first half of 2024, the share of renewable energy in the electricity mix rose to 57 %. This new influx of renewable energy is pushing the power grid to its limits. Battery energy storage systems and an optimized redispatch procedure could play a key role in improving the integration of renewables and alleviating grid congestion. However, some hurdles still need to be overcome, according to Benedikt Deuchert of Kyon Energy.
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New process to synthesize cathode materials for lithium-ion batteries
U.S. startup Sylvatex offers mixed metal oxide cathode active materials made with a waterless, continuous synthesis process. The company is currently validating its technology in the domestic lithium ion battery supply chain and plans to build a pilot line in California.
Assessing economic feasibility of liquid air energy storage
Researchers have conducted a techno-economic analysis to investigate the feasibility of a 10 MW-80 MWh liquid air energy storage system in the Chinese electricity market. Their assessment showed that a significant level of price volatility is currently a crucial factor for the commercial maturity of this storage technology.
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