Some utilities may think that it will be up to a decade before there is a mass market uptake of battery storage, and the chair of the Australian Energy Market Operator may even try to convince themselves that the technology won’t be commercial for another two decades, but they might be kidding themselves: New research suggests that the cross-over point between the value of solar and storage and grid prices for Australian households may occur within one year.
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Chemists at the University of Waterloo have developed a long-lasting zinc-ion battery that costs half the price of current lithium-ion batteries and could help enable communities to shift away from traditional power plants and into renewable solar and wind energy production.
In research there is evolution, revolution and — sometimes — what I call “retro revolution,” which happens when old methods have new applications. All three are in play in the world of electricity, and are affecting storage.
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The outcome of the National Grid auction for Enhanced Frequency Response (EFR) services has today been welcomed by the REA. Through the auction, the National Grid will have a capacity that will help them balance the nation’s, sometimes under stress, electricity system.
Businesses across East Yorkshire say they have seen improved profitability, a reduction in carbon footprint and lower overhead costs, thanks to renewable energy solutions from Beverley-based Boston Renewables.
National Grid has awarded seven firms including Vattenfall, Low Carbon and EDF Energy Renewables four-year contracts to provide balancing services to the network in the UK’s first 200MW Enhanced Frequency Response (EFR) auction.
National Grid has awarded eight contracts to energy storage providers in the UK.
Batteries won big in the U.K.’s contest to provide power that can be dispatched quickly to help keep the electricity grid stable, a step that will help the nation expand the amount of renewable energy it’s using.