Australia’s energy market operator says that batteries are increasingly supporting demand peaks in the National Electricity Market (NEM). Average generation during these periods has more than doubled since the same time last year.
German flow battery firm VoltStorage says its next stage of technology development will deliver 20-fold increase in performance.
A new U.S. Department of Energy loan guarantee will help finance 200 MW of solar and 285 MW of grid-scale storage on the island.
The US state of Nevada will meet 10% of its peak demand with the now-operational 690 MW Gemini solar-plus-storage project outside of Las Vegas.
The 100 MW project is announced as the first large-scale, two-hour duration battery in France. The project will employ Tesla Megapack and Autobidder technology.
Romania is aiming to have at least 2.5 GW of energy storage installed by the end of next year and to exeed 5 GW only a year later.
China’s regulators are reportedly considering a comprehensive fire safety inspection and upgrades of operating energy storage facilities. For older storage stations, enhancing fire safety measures will significantly increase non-technical costs, potentially up to CNY 0.2 per Wh ($0.028/Wh).
Falling battery costs, shifting regulations and interest in energy independence are driving increased battery attachment rates on residential solar projects in California.
BlackRock’s climate infrastructure business has increased its stake in Brite Energy Partners. The KRW 100 billion ($72 million) investment will help to scale the South Korean independent power producer’s solar portfolio and expand its energy storage and EV charging operations.
A computing pilot program, housed within Europe’s largest electricity utility, Iberdrola, found that some quantum and quantum-inspired algorithms matched or outperformed existing benchmarks for optimal placement of grid batteries.
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