Batteries
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EBRD sees Egypt’s hybrid solar-storage model spreading across MENA
Falling battery costs and energy security pressure from regional conflict are driving a wave of sovereign-backed hybrid solar-plus-storage financings across the Middle East and North Africa (MENA), with the European Bank for Reconstruction and Development (EBRD) deploying a contractual template forged in Egypt across a growing pipeline of deals.
Australia’s first 8-hour battery moves to full operations in New South Wales
RWE has received the official green light from the Australian Energy Market Operator and transmission network service provider Transgrid to operate Australia’s first eight hour battery energy storage system at its full 50 MW / 400 MWh capacity.
Solar-friendly dynamic pricing of electricity could cut California’s peak demand by several GW
Dynamic pricing of electricity along with price-responsive residential and commercial equipment would lead to a solar-friendly load shape, while reducing peak demand and customer bills, says a report from Berkeley Lab.
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Serbia postpones connection studies for renewables until 2029
Updates to Serbia’s energy law push back connection studies for variable renewable energy sources until 2029, introduce rules for customers looking to install batteries that will transfer excess energy back to the grid and allow multiple end users within one building to act as a group.
Brazil falls short of its battery storage potential
The Brazilian Association of Energy Storage Solutions gathered executives to debate applications that could solve systemic challenges facing the Brazilian electricity sector. The issue, they argue, goes beyond a “BESS vs. thermal or renewables vs. energy security” debate, but involves finding the best combination of security, price, ‘renewability’, and flexibility.
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