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The residential segment will lead significant growth in the German energy storage market until at least mid-2017 before the federal government’s recent decision to scrap incentives for solar storage curbs demand, said Tobias Rothacher, senior manager Energy Storage & Fuel Cells, Solar Energy, Bioenergy at Germany Trade & Invest (GTAI).
energy storage
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California utility mulls compressed air storage to shave renewable energy peaksAug 21, 2015
Southern California municipal utility Burbank Water and Power (BWP) is looking to build a 300 MW compressed air energy storage (CAES) pilot facility at the Intermountain Power Project (IPP) site in Delta, Utah to control the intermittency of growing renewable energy capacity, Lincoln Bleveans, power resources manager at BWP, said during the Energy Storage USA 2015 conference on July 7.
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Lithium-ion costs to fall by up to 50% within five yearsJul 30, 2015
Lithium-ion (Li-ion) technology will dominate the commercial market for energy storage in the US in the next three to five years as Li-ion system costs are expected to fall by 30% to 50%, according to Energy Storage Update’s Energy Storage Cost and Performance Report 2015 released on July 8.
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Texas, Arizona, Hawaii hesitate on large-scale systems as utilities count costsJul 30, 2015
In the group of developing US utility-scale storage markets behind California and New York, the states of Texas, Arizona and Hawaii are seeing stuttering progress as generators grapple with cost concerns.
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Targeted distributed energy storage to lower costs as utilities tackle intermittencyJun 30, 2015
Global revenues from installed energy storage systems are expected to grow from $605.8 million in 2015 to $21.5 billion in 2024, according to Navigant Research, as costs fall and deployment spreads across the commercial and residential sectors.
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German firms turn batteries into power plants to aid grid controlJun 23, 2015
A number of German companies are aggregating distributed energy storage assets through platforms that provide grid services to the renewables-rich country.
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Vermont utility bills end-users for storage using Tesla batteryMay 27, 2015
Vermont-based Green Mountain Power’s eagerness to embrace Tesla’s Powerwall groundbreaking recyclable battery for home and business puts the utility among a small but growing group of energy providers that see energy storage as an opportunity rather than a threat and are devising new business models and strategies to support it.
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Arizona’s Tucson Electric seeks best 10-year price for 10 MW storage systemMay 27, 2015
Tucson Electric Power (TEP) will apply a lowest-cost, best-fit approach to evaluate the bids for the design and construction of a 10 MW utility-scale energy storage system that the company plans to deploy by mid- to late 2016, TEP told Energy Storage Update.
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PJM leads the US fast-frequency regulation marketApr 20, 2015
Two thirds of the 62 MW of storage deployed in the US in 2014 was located in PJM territory, but where prices will settle and what other opportunities will arise for energy storage in the US fast-frequency regulation market remains unclear.
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US energy storage installations jump 40% in 2014 as Lithium-ion still dominatesApr 20, 2015
In 2014, 180 individual energy storage installations for a total market size of $128 million were completed in the US. This year is expected to be the biggest in the market’s history.
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Future energy storage investment to take center stage in San DiegoMar 26, 2014
Recent figures have revealed that there is over 1.2 GW of energy storage capacity (excluding pumped hydro) in operation or development in the United States.
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New guide to commercialization of energy storage in the USA released
Mar 5, 2014
Energy Storage Update announces the release of their brand new guide to energy storage commercialization, which provides an exclusive breakdown of the challenges that must be overcome to deploy technologies at scale.