A report from Wood Mackenzie predicts lithium-iron-phosphate will overtake lithium-manganese-cobalt-oxide as the dominant stationary energy storage chemistry within the decade.
Negative second-quarter updates from China and uber-low new-solar figures from India, however, show the world is far from out of the woods yet.
Grid scale lith-ion batteries may be multiplying Stateside, but an expected recovery in the production line segment will be put on hold until next year because of the pandemic, according to one analyst.
Norwegian polysilicon maker and silicon business Elkem is planning to build a manufacturing facility in Herøya.
Analyst IHS Markit has predicted storage will rebound this year following its first year-on-year decline in 2019. The technology is being rolled out at pace despite Covid-19 with state-level policies set to keep the US the global capital for the next five years.
As renewables penetration increases, transmission and distribution (T&D) infrastructure will require significant reinforcement. Battery storage is becoming a key alternative to traditional ways of reinforcing network infrastructure, because it is fast to deploy, can provide multiple services, and often comes at a lower capital cost. IHS Markit analyst Oliver Forsyth delves into the additional value streams that strengthen the case for grid-connected batteries.
With the government having already introduced measures which will reduce the volume of renewables in the national energy mix, further new provisions will restrict the deployment of energy storage and the ability of solar energy generators to sell excess power to nearby consumers.
The Japanese electronics giant has deployed a 3.5 kW hydrogen fuel cell system for at its Michinoeki-Namie site in the Fukushima prefecture. The fuel will be provided by the company’s 10 MW Fukushima Hydrogen Energy Research Field nearby.
An Ernst & Young report has found power and utility deals fell off markedly in the Americas during the first half of the year because of the Covid-19 pandemic but commitment to clean energy investment appeared to remain strong.
Policy support for battery energy storage is gaining momentum across Europe as national governments remove regulatory barriers and the EU pledges financial support for this emerging technology. In several countries, revised capacity markets now allow energy storage operators to compete for subsidy contracts on a more equal footing with power generators. Support from the European Battery Alliance and €1 billion in loans from the European Investment Bank in 2020 alone should help shore up investor confidence. Battery storage will be a key component to support the growth of solar PV – but the rollout of projects will have to accelerate faster to fulfill this potential.
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