A new report has been published with the aim of decoding complex market opportunities for UK energy storage and explain what is needed to drive cost-effective investment.
The report, entitled Cracking the code: A guide to energy storage revenue streams and how to derisk them makes a series of far-reaching recommendations to level the playing field for rapidly developing energy storage technologies – some of which are locked out of current market arrangements. It also seeks to tackle head-on the primary risk holding back the roll-out of energy storage: securing a bankable revenue stream.
The Solar Foundation recently released a 
Co-sponsor of a US senate bill to establish investment tax credits for business and home energy storage use, US senator Martin Heinrich says the proposed Energy Storage Tax Incentive and Deployment Act will ensure federal government policy supports integration of emerging storage technologies into the country’s energy grid.
Greensmith Energy, one of the largest providers of energy storage software and integration services, announced the North American launch of its behind-the-meter energy storage solution, Omni4. The Greensmith Omni4 solution is a distributed energy storage platform bundled with the industry’s most advanced software controls to maximize a complete range of behind-the-meter and microgrid applications in multiple sizes—including fleet aggregation.
Energy storage would gain access to the same tax incentives that helped make renewable energy the biggest new source of electricity in the U.S. last year under a bill introduced in the Senate.
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A number of Australian companies — some backed by foreign partners — have applied to install more than 8MW of storage capacity in the national capital.
