Projects & Applications
The global pipeline of energy storage projects is growing rapidly across a variety of market segments, including distributed, grid-scale, off-grid and second-life projects.
From increasing solar self-consumption, reducing consumption peaks, providing flexibility to the electricity system, to deferring costly investments in transmission and distribution infrastructure, the range of applications which energy storage devices can provide is constantly evolving.
To build a robust business case, however, most storage facilities need to provide several services.
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Latest News
Rystad: 15-minute trading intervals boost BESS profits in Europe by 14% on average
Europe’s move to 15-minute spot-market intervals, effective Oct. 1, is altering the economics of battery storage, with Rystad Energy estimating that BESS profits in some countries have increased by over 20%.
14 hours ago
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Germany to remove large battery storage systems from grid connection ordinance
Following a surge in battery storage applications, Germany’s Federal Ministry for Economic Affairs and Energy is planning to remove storage systems from a rulebook overseeing the grid connection of power plants larger than 100 MW. The move has been criticized by the German Renewable Energy Federation.
India’s Oriana Power explores compact pumped storage for C&I customers, raises BESS target to 20 GWh by 2030
Oriana Power is expanding its focus beyond battery energy storage to compact pumped-storage solutions – a new generation of systems that the company believes could redefine the future of commercial and industrial (C&I) energy management.
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Australian vehicle-to-grid trial gets $3.2 million boost
Amber Electric has received a $3.2 million (USD 2.3 million) grant from the Australian Renewable Energy Agency (ARENA) toward their $7.7 million electric vehicle (EV) smart charging and bi-directional vehicle-to-grid (V2G) software solution trial. One thousand customers across Australia will participate in the trial over the next two years with the V2G scope expected to begin in mid-2025.
BESS, deep learning simulations: decrease in wholesale price variability
Donato Leo is the author of a study on the relationship between photovoltaics, batteries and wholesale energy prices in Italy. Leo's deep learning simulations suggest changes in energy prices as installed battery capacity increases.
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Gensol secures additional 250 MW/500 MWh in GUVNL’s battery storage project
In India, Gensol Engineering Ltd has secured the full 500 MW/1,000 MWh capacity of the standalone battery energy storage project from Gujarat Urja Vikas Nigam Ltd (GUNVL) with an additional allotment of 250 MW (500 MWh) under a greenshoe option.
The Mobility House moves forward with second-life battery systems and launches vehicle-to-grid business
The Mobility House (THM) has announced a number of advances over the last week. The Munich-based company just launched its vehicle-to-grid (V2G) business and had their stationary storage systems in Germany requalified with transmission system operators.
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Southeast Asia targets 18 GW of pumped hydro by 2033
According to projections from Norwegian consultancy Rystad Energy, Southeast Asia’s share of pumped storage hydropower is set to increase nearly eightfold in less than a decade – from 2.3 GW today to 18 GW by 2033. Rystad’s figures say that there is currently 2.7 GW of pumped hydro storage under construction, while the remaining 13.3 GW is in various stages of development.
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