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UK regulator unveils first details of LDES cap-and-floor scheme
Ofgem sets out proposals for long-duration energy storage support scheme in letter to industry. Increased minimum capacity requirements and secured grid connection agreements floated as regulator acknowledges need to move quickly to meet government deployment targets.
Dec 19, 2024
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UK plans for 22 GW battery storage fleet by 2030
Clean Power 2030 plan unveiled by UK government includes key role for battery energy storage systems (BESS) in providing short-term flexibility. Support for long-duration energy storage (LDES) and changes to standing charges for behind the meter storage also proposed.
Three UK BESS assets secure ten-year voltage contracts
Trio of storage projects in England selected to provide voltage services through tender process. Increased low carbon energy generation and a drop in minimum demand on Great Britain’s grid is driving need to find new ways of managing reactive power, according to system operator.
Australia’s batteries surf revenue wave on back of volatile power prices
Investments in battery storage within Australia's National Electricity Market (NEM) are increasingly profitable due to higher power price volatility and changing market dynamics, according to the latest report by Wood Mackenzie. Going forward, four-hour storage systems are projected to have fastest return on investment.
Japan to build virtual power plant using American energy storage technology
Canon Marketing Japan is using Lightergy's energy storage technology for its planned virtual power plant (VPP). Japan's electricity grid is highly dependent on imports, and the deal will create a channel for Canada to import products to Japan.
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2.7 GW of battery storage projects in GB to be delayed by over a year
Over the first six months of the year, the Great Britain (GB) battery storage market has experienced a significant slowdown in buildout rates, sharply contrasting the record-breaking year of 2023. The second half of 2024 will serve as an indicator of the market's future performance.
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Achieving unprecedented cyclability of flowless zinc-bromine battery
Researchers at the Gwangju Institute of Science and Technology in South Korea have developed a novel electrode that effectively suppresses the harmful self-discharge phenomenon in flowless zinc-bromine batteries and enables long-term operation of more than 10,000 cycles.
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JinkoSolar Once Agained Ranked on BNEF’s Energy Storage Tier 1 List！
JinkoSolar, the global leading PV and ESS supplier, recently has once again been recognized by Bloomberg New Energy Finance (BloombergNEF) as a Tier 1 manufacturer in the latest ‘BNEF Energy Storage Tier 1 List 3Q 2024’ for its exceptional performance in the energy storage field. This recognition highlights JinkoSolar’s technological expertise and significant contributions to the global energy transition.
Dutch utility Eneco to use residential batteries for grid stress relief
Dutch energy supplier Eneco has partnered with local energy storage manufacturer Charged to trial the use of solar power stored in home batteries of customers with fixed and variable contracts in a bid to alleviate stress on the grid.
Fike Announces Partnership with Dubai’s Heriot-Watt University for Energy Storage Safety Curriculum
Fike Corporation, a global manufacturer and supplier of industrial hazard protection, has announced a partnership with Heriot-Watt University to add a new program to the university’s curriculum around battery energy storage system safety and protection from the ever-present hazard within lithium-ion batteries – cascading thermal runaway.
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