Energy Storage

Previously known for its automotive activity, CATL is turning to another promising sector to generate demand for its battery cells. With the first few hundred thousand Japanese solar households seeing their 10-year FIT contracts expire, demand for small scale storage is on the rise

Batteries of the type have traditionally been used for long-duration storage applications. Now though, it seems vanadium is making an entry into the fast-paced world of ancillary grid services.

Elon Musk’s EV and energy company is becoming increasingly irrelevant in the rooftop solar market, but battery sales are booming.

Rather than helping electric vehicle take-up by driving down costs to parity with traditional engines, the low price of nickel at the moment is deterring investors and could cause a supply shortage that holds back electromobility in a few years’ time.

Australia’s Northern Territory has given major project status to an ambitious plan to develop a 10 GW solar farm coupled with a 20-30 GWh storage facility near Tennant Creek and export solar power harvested in the Australian desert to Singapore via subsea cables.

A floating solar array will be located in the North Sea near an aquaculture and an offshore wind power facility. The €2 million pilot project is being developed by a consortium including Tractebel, Jan De Nul Group, Deme, Soltech and Ghent University.

Canadian gas giant ATCO has unveiled its Clean Energy Hub in Jandakot which will explore the potential of hydrogen for home use in gas appliances. On the same day, the Western Australian government has launched a renewable hydrogen strategy and announced the creation of a $10m green hydrogen fund.

Crossboundary Energy Access (CBEA) was established in January with large investment contributions from Rockefeller and Shell Foundations. The funding facility, which said it would work to unlock $11 billion in funding for the electrification of 100 million people in Africa, has penciled its first transaction with PowerGen Renewable Energy.

The startup formerly known as GE Solar has become a full fledged company, with GE and BlackRock announcing the creation of Distributed Solar Development, a behind-the-meter solar joint venture.

… and it will be quite an effort. The U.K.’s grid operator, National Grid, released a new report on possible energy system transformation pathways, amidst growing public concern over climate change. Ramping carbon emissions reduction targets up from 80% to 100% prompts technical challenges. These can be overcome but will require full alignment of policy effort and individual awareness and decision making.