The proposed solution is claimed to be able to mitigate potential fire risk, improve logistics and reduce costs. It consists of a series of interchangeable wide blocks that are said to be easily movable for simplified transportation.
Neoen Australia has filed planning documents for a 500 MW / 1000 MWh big battery to be built west of Sydney.
Terna’s first auction for reserve storage capacity was largely oversubscribed, with over 1,327 MW of submitted projects. Overall, 23 projects were assigned to 17 operators.
The government’s Department for Business, Energy & Industrial Strategy has drafted secondary legislation aimed at easing the construction of large scale energy storage projects for renewables. Around 100 such batteries could be deployed thanks to the proposed rules, according to the department.
By this time next year we may be able to wave goodbye to that old chestnut about renewables endangering security of supply. Elsewhere, the price of lithium – and the products it goes into – could go either way after tanking this year.
The analyst has published its latest Energy Storage Outlook report and says large scale deployment will provide the majority of the 1,095 GW/2,850 GWh of battery storage worldwide in 2040, with prices driven down further by grid services demand and EVs.
The world’s biggest solar market could be about to replicate that feat in energy storage, provided it manages to reform the payment system for rewarding the grid services offered by batteries.
The energy transition is accelerating, Ernst & Young global energy leader Benoit Laclau has warned grid operators, thanks to the confluence of digitization, decentralization and decarbonization. Traditional utilities must get with the program or be swept aside.
IHS Markit’s analysts have mapped out what they are keeping an eye out for in the year ahead. Aside from higher installation figures, the number-crunchers predict a continued battle for multi-function in the hard-fought inverter segment and a potential watershed year for utility-scale storage.
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