Energy Storage

At the smarter E-Intersolar Europe trade show this week, awards have been given to the technologies driving the energy transition to a low carbon future. Prizes include the Intersolar Award, recognizing PV technology; the EES prize for storage innovation; and the smarter E awards – one of which was given to an off-grid agricultural project in Australia.

Welsh consultancy’s technology could help business, universities and local councils make fuel savings regardless of lack of PV subsidy in the U.K.

Underlining India’s commitment to becoming the global renewable energy leader, Shri Anand Kumar, Secretary of India’s Ministry of New and Renewable Energy, said the country plans 500 GW of capacity by 2030. He also underlined India’s plans for becoming a solar and storage manufacturing hub; and said the International Solar Alliance needs to widen its membership.

Scientists at Oxford University say two lead-free perovskites investigated for their potential to raise the efficiency of solar modules – when used in tandem with high efficiency silicon cells – may also offer a leap forward in solar storage technology. In a paper published in Applied Physics Letters, Feliciano Giustino and George Volonakis, suggest halide […]

ESB and Oersted UK independently announced this week they have acquired storage assets to deliver ancillary services to the UK grid operator.

Solar PV capacity is set to grow 17-fold, and wind six-fold, by 2050, to account for nearly half of global electricity generation, predicts BNEF, while investments will reach US$11.5 trillion. Cost reductions will drive this charge, particularly in the battery market, which will benefit from the EV manufacturing ramp up. Despite this, the electricity sector is still failing to bring CO₂ emissions down to the required levels, with its continued dependence on gas.

India’s PV sector is expanding at a serious pace, creating jobs and further securing energy supply for many businesses. Yet, sourcing battery cell technology at the current rate resulted in annual foreign exchange of $150 million creating deficits, that hopefully can be averted in the future.

The Spanish power provider developed the pilot project with the Institut de Recerca en Energia de Catalunya and German spin-off Ineratec. Meanwhile, the European Power to Gas Platform has issued a paper demanding more regulatory certainty for power-to-gas, and to include it as an alternative in the cost-benefit analysis for grid extensions.

The project will produce nearly 32 million kWh per year, covering the annual electricity consumption of more than 13,000 people. The total amount invested in the park was €28.6 million.

The French Environment & Energy Management Agency (ADEME) will allocate €100 million next year to support the nation’s hydrogen industry. The French government believes hydrogen – for storage of renewable power – can become a pillar of its energy transition.