battery energy storage

According to Aurora Energy Research, Europe is on track to install at least 95 GW of grid-scale battery energy storage systems by 2050, up from 5 GW of installed capacity today, and representing more than €70 billion ($76.9 billion) of investment.

Storage specialist Fluence has launched Ultrastack, a battery energy storage system (BESS) for storage-as-transmission assets (SATA). It is designed to help network owners and operators to manage renewables curtailment, increase the use of power lines, and limit congestion.

Volvo Penta, a Swedish marine and industrial engine manufacturer, has developed a subsystem solution based on the Volvo Group’s electromobility platform. It is optimized for battery energy storage system (BESS) applications produced by original equipment manufacturers (OEMs).

Britain’s T-1 Capacity Auction for delivery in the 2023-24 period saw battery energy storage technology emerge as the third-biggest winner in terms of secured contracts, following gas and nuclear. Batteries accounted for more than a half of the new build capacity.

pv magazine Australia’s Natalie Filatoff reports on the benefits of planning vast solar project pipelines, and the barriers faced by those who dare to dream big.

Esysunhome (ESYSH), a new energy storage company in China, has developed a 5.12 kWh lithium iron phosphate (LFP) battery system with a 7.9 kW inverter. It says six modules can be combined for up to 30.72 kWh of energy storage capacity.

This year has witnessed upheaval in the global energy system as inflation, geopolitical conflict, and the reality of a changing climate continue to drive the transition to cleaner energy. Next year, these trends are likely to continue and accelerate as renewable energy adoption continues to grow and the inextricable link between energy security and national security is increasingly recognized. Alan Greenshields, of US-based iron-salt flow battery maker ESS Inc, offers four predictions for 2023.

US-based Nanotech Energy’s graphene battery uses proprietary electrodes with a thermally stable separator, and non-flammable electrolyte that is said to be inexpensive to manufacture. The technology is said to be superior in terms of safety and competitive in terms of cell performance.

The worst effects of the pandemic may have passed but supply chain disruptions continue to be felt across the world. The effects of the war in Ukraine are also evident to all of us in our daily lives, from commodities to energy, food supply chains and beyond. The disruption in the battery energy storage system (BESS) supply chain is no different, writes Cormac O’Laoire, senior manager of market intelligence at Clean Energy Associates. Indeed, as the cost of raw materials such as lithium climbs, battery prices are being driven materially higher, on some accounts by 20% to 30%, rendering some projects uneconomical.

Banks Group’s latest announcement underscores the fact that the UK battery storage market has one of the world’s fastest-growing project pipelines.