U.S. set to overtake South Korea in 2019 as world's largest grid-connected battery energy-storage market
By Camron Barati, senior analyst, solar and energy storageThe United States in 2019 will become the world's largest market for grid-connected battery energy storage, as solar-plus-storage and peaking capacity requirements drive increased procurement, according to IHS Markit.
The potential offered by these large-scale storage systems is particularly clear when they are used in conjunction with PV, because solar power is becoming ever more affordable thanks to the continuously falling prices of PV systems.
Awardees will develop energy storage systems to provide reliable, affordable power to the electric grid for up to 100 hours, enhancing grid resilience and performance.
IHI, Inc. provides an energy storage system for Convergent to reduce Global Adjustment charges
Generating power from the sun isnt the problem. The technology has been there for decades. Storing that power efficiently, however, has been a challenge. Until now.
The Reservoir seamlessly integrates across the Grid to enable customers to increase Renewables integration, improve financial performance, enhance grid operations, reduce energy costs and enable more distributed, local generation
Renault is trying to create a 'smart electric island' with electric vehicles, V2G, and energy storage
Fred Lambert for Electrek: They are partnering with energy supplier Empresa de Electricidade da Madeira partner to "facilitate the energy transition" in Porto Santo island, Portugal.
Joshua Rhodes for Forbes: Cheap energy storage got a steroid shot this week when FERC announced that it was going to let energy storage operate in the wholesale markets as both a buyer and a seller.
Travis Hoium for Motley Fool: Energy storage opens up some important opportunities for the solar power plants. First, it expands the market potential.
By incorporating this new technology into the FPL Citrus Solar Energy Center, a solar power plant that was built in 2016, FPL expects to increase the amount of solar energy that the plant can deliver to the electric grid by more than half a million kilowatt-hours a year.
Julian Spector for GTM: "The world's largest gridscale battery - the Hornsdale Power Reserve battery - charged for the first time at 8.36am and reached 31 MW in 2 mins," tweeted Audrey Zibelman, the leader of Australia's energy market operator, on Friday.
BBC: Renewable energy entrepreneur Elon Musk says he could rebuild Puerto Rico's shattered electrical infrastructure with his solar energy technology.
Peter Kelly-Detwiler for Forbes: The SRUSD will be able to cut energy costs (during some months, as much as 70-80% of the districts electricity needs will be met by the systems).
Andy Colthorpe for Energy-Storage News: The requirement of nine hours of energy storage duration at a project touted as a possible replacement for a new natural gas plant in California makes it tough for the newer technology to compete on cost, an analyst has said.
Sonali Paul for Reuters: One of Australia's leading power suppliers, AGL Energy (AGL.AX), has offered cheap batteries to 1,000 homes with solar panels as part of what it describes as the world's biggest "virtual power plant" in Adelaide, South Australia, a state plagued by blackouts over the past year.
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