Utility Scale Storage

IHS Markit’s senior market analyst for energy storage Julian Jansen discusses the role that South Korean battery producers play in the global storage chain, and sees reasons to be bullish for Europe’s own storage market.

If you were unable to make it to Düsseldorf for the recent Energy Storage Europe exhibition and conference, fear not: this 12-minute video tour brings you all you need to know about the latest tech, service and product developments in the European storage space.

Praveen Kathpal, Fluence’s VP of Market Applications, explains how the newly formed company – a collaboration between Siemens and AES – is providing flexible peaking capacity to utilities in Southern California, and hears how Europe offers an opportunitiy for the integration of storage into transmission and distribution planning.

Panel discussion at Energy Storage Europe tackled the issue of whether the best way for keeping the lights on as economies around the world grow is to extend the grid network or add energy storage, and found that the best solution lies somewhere in between.

The power company, which recently placed bids to build the largest battery energy storage project in the world, has connected a 74.5 MW PV project with a 10 MW/40 MWh storage facility, in the United States.

The keynote session of the Energy Storage Europe conference in Düsseldorf, Germany, delivered a series of presentations on the role flexible sector coupling can play in expediting the adoption of storage technologies and renewable energy, in Germany and worldwide.

Private equity firm, Gore Street Capital is planning an IPO for an investment fund focused entirely on utility-scale energy storage projects, to be listed on the London Stock Exchange. The fund already owns three storage projects in the U.K., and is seeking to raise GBP 100 million in initial investment.

Overall, 24 exhibitors from the upcoming Energy Storage Europe event in Germany’s Düsseldorf submitted proposals to the pv magazine Storage Highlights’ jury. They were ranked in the following categories: Relevance to industry; USP; Market impact; Contribution to the energy transition; and Innovation. Read on to discover how they fared.

French firm Neoen has begun development on a hydrogen electrolyser to be colocated alongside a 150 MW wind project and 150 MW solar farm. The project has been awarded a grant of AU$1 million by the South Australian Renewable Technology fund, with more funding yet to be approved.

The Chinese power electronics company will ship its turnkey energy systems comprising storage inverters, NCM lithium batteries and an energy management system to a 30 MWh storage project being built in Hokkaido, Japan.