Energy Storage

In both Belgium and Chile, the planned mandatory installation of smart meters is raising concerns among consumers, residential PV system owners and the solar industry. Although seen as a positive, the early stages of smart meter deployment create issues related to the calculation of net metering tariffs and the management and ownership of consumption data, as well as additional costs for consumers.

A report commissioned by the European Climate Foundation suggests a fossil fuel-free energy system in Europe by 2050 should largely rely on smart electrification and energy efficiency. Green hydrogen deployment, the report finds, would require prohibitively expensive infrastructure investment.

The Solarville project, by Ikea’s Danish research and design laboratory, has seen the participation of blockchain companies such as Bloc, Blocktech, WeMoveIdeas India and Temporal. It was conceived to help create cooperative community micro-grids to enable homeowners to become clean energy traders.

Open-source blockchain platform Energy Web Foundation has revealed the number of its affiliates has risen from 37 to 100 in recent months. New members include EnBW, Total and a unit of the State Grid Corporation of China. The platform was conceived to create an energy-blockchain ecosystem and to accelerate the energy transition.

The utility could invest up to €7 billion in renewable energy projects up to 2022.

On Thursday, PV conference organizer Solarplaza and Spanish solar association UNEF will host the Solar Market Parity conference in Madrid. pv magazine’s Pilar Sánchez Molina will participate in the Vision of the future: Spain in 2030 panel.

In December, pv magazine met SolaX Power president Li Xinfu and his team at the company’s headquarters in sprawling Hangzhou, in Zhejiang province. The region is a hotspot for the Chinese PV industry and SolaX belongs to the cutting edge of Chinese inverter and residential battery manufacturers.

Aiming to localize production across the electric vehicle value chain, the government wants to support battery manufacturing at a gigawatt-scale. The initial focus will be on large-scale module and pack assembly plants in the new fiscal year, followed by integrated cell manufacturing by 2021-22.

The electric carmaker has signed 12-month credit agreements with three of China’s ‘Big Four’ lenders as well as the development bank for Shanghai as it aims to get its lower-priced Model 3s rolling off the production line by the end of the year.

Insurance is seldom sexy but climate change campaigners will raise a glass to Munich Re if the industry emulates its policy to cap the financial risk related to battery warranties and helps lift global investment in energy storage as a result.