Distributed Storage

As the global EV market grows, manufacturers are seeking new revenue streams for used EV batteries. Applications in grid and residential storage systems have become popular. The market for second-life EV batteries is expected to reach $4.2 billion by 2025.

The driving force behind the innovative energy storage system installed at Amsterdam’s John Cruiff ArenA in the Netherlands, The Mobility House (TMH), talks to pv magazine about the death of the combustion engine, and how electric vehicles (EVs) are presenting both strong business cases, and unparalleled levels of flexibility via decentralized intelligence – blockchain technology – for electricity grids around the world.

Solar – and wind – will finally bring an element of environmental consciousness, and value for money, to the system charged with keeping the lights on in Britain. Is PV finally shaking off long-held fears about its intermittent nature?

The Japanese PV industry should respond to the government’s recent decision to leave its 2030 energy mix targets unchanged by pushing for a higher share of solar in the next version of the country’s strategic energy plan, according to a new report.

Circular Energy Storage, a London-based research and consulting group, reports a strong business case for reconstituted electric vehicle batteries for energy storage applications. As the EV and static storage system markets grow rapidly, synergies could be a useful tool for continued cost optimization.

The program will be be grant aided, and will provide funds mainly for self-consumption projects. At a later stage, the scheme may also offer incentives for home battery storage.

Starting from now, subsidies for up to 1,000 residential solar-plus-storage systems can be requested from the Investment Bank of Brandenburg.

Having entered the solar space four years ago with residential rooftop kits, Ikea added storage to its product mix in 2017. pv magazine caught up with Signe Antvorskov Krag, Global Development Leader IKEA Home Solar Business to discuss business models, its role in the industry, and how it intends to execute the next stage of its plan: energy communities.

The storage system supplier is providing its technology to the Isles of Scilly as part of an ERDF-funded project to meet the remote islands’ energy demands more cheaply and cleanly. Until now islanders used fossil fuels and electricity from mainland Britain at high tariffs, prompting energy poverty for many.

The 10% reduction in GST is an example to the UK government, which is seeking suggestions on how to drive solar take-up, but manufacturers are already calling for further reductions to fire battery storage in the nation.