Energy Storage
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Flow batteries to create $190 million market by 2020
On the basis of superior cost dynamics, flow batteries are set to create a 360 MWh market by 2020, for stationary storage applications. Vanadium-based technology will be the predominate redox flow technology, according to research from Lux Research.
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Cleantech disruption to reduce annual utility revenues by up to $123 billion
The growth of distributed generation and energy efficiency is set to reduce utility revenues by up to $123 billion a year by 2025. This is the finding of a new report by consultants Accenture, in its Digitally Enabled Grid report, which advises that utilities will have to fundamentally transform their business models.
Solar plus storage becoming "new normal" in rural and remote Australia
PV arrays coupled with battery storage systems are becoming the “new normal” in Australia’s wide-open spaces. The number of installations continue to increase as governments and businesses begin to realize the new reality of off or edge-of-grid solar+storage affordability.
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