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United States to quadruple installed base of residential battery energy storage from 2018 to 2022May 10, 2018Less than 200 megawatts (MW) of residential battery energy storage was installed in the United States prior to 2018. The installed base of residential energy storage is forecast to quadruple by 2022, as more than 850 megawatts (MW) is deployed in the market.
Global battery energy storage pipeline reaches record 10.4 GW in the first quarter of 2018April 16, 20182017 was a record year for deployment of grid-connected battery energy storage. The Asia-Pacific region exhibited the strongest growth, led by South Korea, Japan and Australia. The three largest markets in 2017, accounting for over half of all installations globally, were South Korea, the United States and Japan.
CES 2016: Does your state support innovation?January 19, 2016The Consumer Technology Association (CTA), continues to advance its agenda to support growth and development in the technology sector. To this end, a billboard positioned in one of the main lobbies was eye catching. It announced the creation of a “State Innovation Scorecard.”
Steag procures 90 MW of Li-ion battery energy storage from LG Chem, highlighting increasing acceptance of batteries for primary control.December 01, 2015Major Germany electricity producer, Steag, has announced that between mid-2016 and early 2017 it will install a total of 90 MW of battery energy storage systems at its existing power plants in Germany, and will use these systems to participate in the primary control market.Subscribers Only
In-home displays and smart thermostats to enjoy highest installation numbers, but don’t deliver on revenueAugust 19, 2015- According to a recently published IHS report (Smart Home Energy Management Devices Report – 2015) analyzing the market for demand-response enabled smart home energy management devices, in-home displays and smart thermostats will lead the way in terms of installed base numbers but will generate less revenue than smart appliances – a combined US$57 million compared to nearly US$3 billion – due to government and utility company subsidies.
Smart Home Energy Management Device Market to reach US$4 billion by 2025June 25, 2015According to a recently published IHS (NYSE: IHS) report (Smart Home Energy Management Devices Report – 2015), the global market for demand response-enabled Smart Home Energy Management devices will grow to US$4 billion by 2025.
General Electric to supply Li-Ion to ConEdison DevelopmentApril 20, 2015ConEdison Development has announced it has entered an agreement to procure a 2MW/8MWh Li-ion energy storage system from General Electric (GE). This marks the first Li-Ion project GE has undertaken since it adjusted strategy to work with technologies other than the sodium nickel chloride Durathon batteries that it manufactures.Subscribers Only
SunEdison announces large-scale off-grid solar and flow battery deploymentMarch 27, 2015SunEdison is a leading developer of PV systems, and its pipeline extends across nearly all major PV markets worldwide. It has developed several one-off microgrid projects in the past, but this represents the first major large-scale build out of off-grid systems. As a large proportion of India’s population has extremely restricted access to electricity, solar microgrids (combined with storage) offer an extremely compelling alternative to other options such as diesel generators or extremely costly extensions of grid infrastructure.Subscribers Only
Alevo Group announces 200 MW energy storage project to provide frequency regulation services in USAFebruary 25, 2015Alevo Group, a Swiss manufacturer of grid-scale energy storage systems, announced on 17th February 2015 that it has signed a joint operational agreement with Customized Energy Solutions (CES) to provide 200MW of frequency regulation services to the wholesale energy market in the United States, using its MW-scale Grid-Bank battery product. Alevo claims that this represents the largest ever energy storage deployment in the United States of America.
Tesla confirms plans to release battery for behind-the-meter energy storage systems in 2015February 25, 2015In its Q4 2014 earnings call, US electric vehicle manufacturer, Tesla Motors, restated its intentions to release an energy storage product for the residential and commercial markets in the United States in 2015.
Belectric Announces Two Grid-Scale Energy Storage Systems in UKFebruary 17, 2015German solar developer, Belectric, has announced that it will develop, construct and operate two large-scale battery energy storage systems in the UK. One of the systems will be co-located with a 3.8 MW ground-mount PV system, and the other will be in the grid. The systems are part of the Enhanced Frequency Control Capability (EFCC) project which is led by The National Grid.
Bosch, BMW and Vattenfall cooperate in used EV battery energy storage project.February 02, 2015Bosch has announced it is resurrecting its “Second Life Batteries” alliance with BMW and Vattenfall on a grid-connected stationary energy storage project using used electric vehicle (EV) batteries in Hamburg, Germany.Subscribers Only
Japan proposes strong support for energy storage.January 13, 2015Some news has been released of a proposal by Japan’s Ministry of Economy, Trade and Industry (METI) to invest ¥81 billion to help resolve issues with the grid, and allow higher levels of renewable penetration. The proposal is believed to focus on deploying centralised grid-scale energy storage.
STEM receives a further $27 million in funding from investors, including energy majors Total and Exolon.January 13, 2015Stem, a leading supplier of behind-the-meter energy storage in the USA, has announced that it has raised a further $27 million in funding. Investors include the venture capital arms of both Exolon Corporation and Total. The investment will be used to continue the development of its energy management software and expand the company.
EDF commissions 5 MW PV plant equipped with sodium nickel chloride energy storage system.January 12, 2015A 5 MW PV plant with integrated energy storage has recently been commissioned in French Guiana, an overseas region of France located on the North Atlantic coast of South America...
Reposit Power offers ‘GridCredits’ scheme to allow home owners to trade energyDecember 19, 2014Australian technology company, Reposit Power, has announced it will be launching a trial of its ‘GridCredits’ scheme. The system comprises of a 9.9kW / 13.8kWh battery system and control unit which will allow home-owners to trade electricity, capitalising on the wide range between peak and off-peak electricity prices in Australia.
Largest Battery Energy Storage System Unveiled in the UKDecember 16, 2014The principle function of this battery energy storage system is to help meet demand for power at peak times in the local area. It is claimed that it is particularly challenging for local utilities in this region, and as such the system will help to reduce distribution costs, with savings potentially passed on to end-users.
Large-scale lead acid energy storage added to 68MW PV plant in GermanyDecember 09, 2014PV developer Belectric has recently announced that it has deployed a 2MWhNP lead acid battery Energy Buffer System (EBS) at its 68 MW plant in Brandenburg, northern Germany. The PV plant came online in 2011. The addition of energy storage will now improve the plants integration into the grid, and will allow it to provide ancillary services to the grid.
Daimler invests €100 million to target stationary storage applicationsDecember 02, 2014The entrance of Daimler into the stationary energy storage market marks another high profile entrant into this industry, with significant manufacturing expertise and scale. The grid-connected energy storage market continues to be a strategic focus for future growth for a wide range of companies. The automotive giant joins other entrants that are primarily focused on the automotive industry, including US-based Tesla.
2 MW Flywheel Energy Storage Facility in Ontario Commences OperationsJuly 24, 2014A 2 MW flywheel energy storage system has begun to operate in Ontario, Canada. The flywheel technology is provided by Temporal Power and is installed and owned by NRStor. The system provides frequency regulation services, which will be a major driver for the North America energy storage market over the coming years.Subscribers Only