Energy Storage

The Austrian manufacturer said its new heat pump is an ideal solution for industrial and district heating market segments. The system features an advanced rotor system, exploiting diffusion bonding technology, which reportedly enables higher temperature lifts, and greater manufacturability due to fewer components.

Italy’s latest capacity market auction has catalyzed 233 MW of new capacity with the lion’s share of projects secured by EP Produzione across two battery storage developments.

Australia has firmed as the world’s fourth-largest market for utility scale batteries with new data from research consultancy Rystad Energy revealing that almost 3 GW / 8 GWh of battery energy storage projects have started construction in the first seven months of 2024.

Large-scale solar-plus-storage is the main option left to avoid power shortages as such systems can be deployed much faster than new thermal and hydro assets. Recent gigawatt-scale solar-plus-storage auction results, with a record low price of INR 3.40 ($0.04)/kWh, show that such deployment will be highly economical, according to a new study from the University of California’s India Energy and Climate Center.

Researchers in Germany have proposed to use a machine learning technique known as reinforcement learning to optimize heat pump performance and reduce electricity consumption in apartment complexes. Their simulation showed that significant savings can be achieved without compromising comfort levels.

The Chinese manufacturer’s new battery energy storage system consists of an inverter ranging in size from 5 kW to 13 kW and a storage system of 10 kWh to 30 kWh. Up to five units can be connected in parallel.

Libra Energy has unveiled its first major Australian renewables project, announcing plans to build an 850 MW / 3,400 MWh battery energy storage system in southeast Queensland to help soak up excess solar energy and stabilise the grid supply and demand during peak hours.

The 147MW/588MWh Rosamund Central battery energy storage project in Kern County, California, is paired with a 192 MW solar farm, which was completed in 2020.

Thyssenkrupp nucera warns of possible delays in hydrogen projects, with consequences for producers. Meanwhile, Shanghai Electric seems bullish about the market and its ability to drive costs down.

The Sacramento Municipal Utility District’s long-duration battery energy storage project in partnership with ESS Tech, Inc. has been awarded a $10 million grant from the California Energy Commission to demonstrate the capability of iron flow battery technology.