Uncategorized Archives - Page 8 of 8 - Energy Storage

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drax pumped hydro

Auctions

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

Tesla batteries at a solar facility

Policy

India to mandate energy storage for solar, wind projects India is likely to follow in the footsteps of China and mandate the inclusion of battery storage capacity for future wind and solar energy projects.

Dec 17, 2024

e-zinc

Finance

California grants $42 million for Marine Corps Camp zinc-ion battery storage project Awarded by California’s Long Duration Energy Storage program, the grant will enable International Electric Power to install a 48 MWh of storage at one of the country’s busiest military installations.

Dec 17, 2024

A TagEnergy BESS at Hawkers Hill Energy Park in the UK

Policy

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.

Dec 17, 2024

Revenue streams

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.

Dec 12, 2024

Revenue streams

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.

Dec 12, 2024

Software

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.

Blathnaid O’Dea

Dec 11, 2024

SunRise Arabia 2025 event

SunRise Arabia Clean Energy Conference 2025

Saudi Arabia continues to solidify its position as a global leader in the transition to sustainable energy. The conference features a full day of engaging presentations and panel discussions and includes an evening Get-together Reception, providing a relaxed setting for networking and building connections within the solar energy community.

February 19, 2025 | Riyadh, Saudi Arabia

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All Uncategorized news

Field of PV and wind mills

Markets

Germany, UK, Ireland, Poland offer best renewables + BESS colocation potential Market analytics provider Aurora Energy Research has examined the potential for colocation of renewables with battery energy storage systems (BESS) across 12 European countries. It found that Germany, Great Britain, the Ireland I-SEM, and Poland are leading the pack.

Jun 14, 2024

Field of PV and wind mills

Markets

China’s updated electricity market rules to benefit renewables, storage China's updated power market regulation now encompass a broader range of market participants, including energy storage entities, in a bid to ensure secure operation.

Jun 06, 2024

Distributed

Spain’s storage deployments hit 495 MWh in 2023 According to new data from trade body UNEF, Spain reached 1.823 MWh of cumulative storage capacity at the end of December 2023.

Pilar Sanchez Molina

May 15, 2024

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