Global energy storage market could reach 8.6GW/21.6GWh by 2022
A total of 1.4GW/2.3GWh of energy storage capacity was installed in 2017, which is forecast to rise to 8.6GW/21.6GWh by 2022 according to a report published by GTM. Although the research focuses on the energy storage market globally, particular attention is paid to Australia, the USA, China, the UK, Germany and South Korea which are seen to be key markets. The USA is likely to remain the world’s biggest market for energy storage until 2022, with China its closest rival.
LG Chem, Samsung SDI at top of Navigant’s grid-scale Li-ion leaderboard
A study into the strategy and execution of lithium-ion battery providers in the utility-scale energy storage industry has identified the market leaders in this area. Navigant Research based its rankings on selected criteria such as geographic reach, pricing and staying power and selected only those that manufacture their own battery cells, not outsource them to external manufacturers. Korean companies LG Chem and Samsung SDI were placed top of the leader board, with BYD, Panasonic, Toshiba, Kokam, Saft and Leclanche labelled as contenders, falling into the category below.
GE announces innovative energy storage platform called “the Reservoir”
GE has announced plans to build an energy storage platform named the Reservoir which already has a pre-launch commitment of 20MW/80MWh. The Reservoir platform is reported to allow for the utilization of cleaner more reliable power and provides a cost-effective solution for distribution and storage. Its Reservoir Storage Unit, a modular system totaling 1.2MW/4MWh and the building block of the Reservoir, is a scalable platform, which is combined with GE’s Blade Protection Unit extending battery life by up to 15 per cent.
Siemens takes on offshore energy storage with BlueVault system
Designed to minimize carbon dioxide emissions and help ensure continuity of power, Siemens lithium-ion battery-based solution BlueVault, is applicable to offshore oil and gas assets as well as offshore wind farms. The company will open a fully robotized and digitalized plant in Norway that will develop and manufacture energy storage technologies for both marine and offshore oil and gas applications.
BP invests in tech to charge cars as quickly as filling a gas tank
BP is to invest US $20 million in a lithium-ion technology by StoreDot, a developer of ultra-fast charging for batteries for electric vehicles. The so-called flash batteries could help drive large scale adoption of electric vehicles as the technology has the potential to recharge a car battery in the length of time it takes to refill a gas tank. The batteries will be installed into mobile devices in early 2019 and, with the help of BP’s investment, into vehicles shortly after.
Wind and solar can become dispatchable within three years
Siemens Gamesa and start-up Stiesdal Storage Technologies are simultaneously developing a low-cost thermal energy storage system with the purpose of eliminating the variability of wind and solar. The technology utilizes excess renewable energy to heat crushed volcanic rocks, and when energy is required, the heat is converted back into electricity and delivered to the grid. Siemens Gamesa are in the process of building a 1.5MW demonstration project which will be located near Hamburg, Germany and Stiesdal plan to construct a 5MW/120MWh pilot plant, located in Denmark, in 2019.
Battery storage comes to the blockchain
Battery vendor Sonnen has joined the NEMoGrid project which focuses on peer-to-peer electricity trading and the stability of local distribution grids, specifically evaluating three business models: centralized utility management, decentralized voltage and power-based tariffs, and a peer-to-peer market using the Ethereum blockchain. The market for residential storage is growing and the use of blockchain combined with battery storage technologies is an innovative solution that will provide residential participants and distribution grid operators with a single distributed ledger of all energy transactions.
Africa and the Middle East
Nigeria recycles only 13 per cent of 110,000 acid batteries yearly
At a workshop held in Abuja, attendees raised concerns about the reportedly 110,000 tons of used lead acid batteries (ULABs) generated annually in Nigeria, and the small number of these ULABs which are properly recycled. These batteries are largely produced by the automotive and renewables sectors and, with recent interest in investment in the Nigerian renewables sector, concerns have been raised about how ULABs should be managed in order to minimize risks to the environment and public health.
Sterling and Wilson to build ‘largest’ battery energy storage project in Africa
Sterling and Wilson, an engineering, procurement and construction (EPC) firm, has won a tender for the design, EPC, operation and maintenance of a captive, hybrid, micro-grid powered by solar, diesel and battery storage in West Africa (the location of the micro-grid has yet to be disclosed). Sterling and Wilson will install 30MWh of energy storage across three sites including a single battery installation of 17MWh. The energy stored will be used mainly by behind-the-meter customers in the education sector with the aim of providing autonomy and efficiency to these stakeholders.
Fluence, JERA and Lyon Group collaborate on utility-scale energy storage roll-out in Asia
Fluence, a Siemens and AES company, will work with Lyons Group, a Brisbane-based renewables developer, and JERA, a joint venture of the Japanese power utilities Tokyo Electric Power and Chubu Electric Power, on utility-scale energy storage development and investment opportunities in Asia Pacific markets. Lyons will be the project developer, JERA an investor, and Fluence the energy storage solution and service provider. The group plans to start with solar-plus-storage projects in Australia.
Tesla's massive battery in South Australia is outperforming conventional generators
A new report by the Australian Energy Market Operator (AEMO) has praised the Hornsdale Power Reserve Battery Energy Storage System (HPR) for being smarter and faster than conventional generators. Graphs contained in the report highlight how the HPR was capable of providing a more accurate and faster response to contingency events compared to conventional gas and steam turbines. Tesla teamed up with French renewable energy provider Neoen to connect the battery to their Hornsdale wind farm. Tesla was retained by the South Australian government to help the state combat extreme weather conditions that damaged key energy infrastructure resulting in prolonged state-wide blackouts.
Solar + storage blockchain micro-grid to launch in the heart of coal country
Brooklyn-based LO3 Energy will develop a virtual micro-grid consisting of solar PV, battery storage and demand response technologies in the Latrobe Valley, Victoria. The Australian Renewable Energy Agency said the trial was the first step in transitioning the agricultural region - near the state’s coal-fired power stations - to renewable power. The trial will provide farmers with loans to build solar installations and allow the farmers to profit from trading their own excess generation.
Australia’s first big grid-connected solar-storage plant pioneers ‘islanding’
Conergy’s Aus $42.5 million (US $33.6 million) Lakeland Solar and Storage project has begun providing power to 3,000 homes and businesses in far North Queensland. The project combines a 10.8MW (AC) solar farm with a 1.4MW/5.3MWh lithium-ion battery. The project will serve as a test case for deliberate ‘islanding’, where a section of the grid continues to provide power while disconnected from the main grid. The test will be conducted on the remote town of Lakeland, which will be solely powered by solar and batteries for several hours at a time as a form of protection against blackouts.
Doosan Heavy delivering 70MWh industrial energy storage project at Changwon facility
South Korea’s Doosan Heavy Industries will install a 70MWh standalone energy storage system at its own facilities in Changwon, as well as a smaller battery installation co-located with solar PV. Doosan has signed a contract with SK E&S, a Korean energy developer and supplier, for an energy storage system facility to deal with onsite power demand management to reduce the facility’s use of grid electricity during peak times. Doosan is supplying the storage system, while SK E&S is handling investment and operation for the project, scheduled for completion in September 2018.
Taiwan's first island energy grid activated
Taiwan’s Penghu Chimei smart micro-grid is now operational. The micro-grid includes a solar PV system, which supplies usable power, as well as an energy storage system. At its present size, the micro-grid is expected to save the island approximately NT $5 million a year (US $167,000), which would otherwise be spent using and maintaining diesel generators. Next year the Taiwan Power Company will add wind power facilities to the smart grid and expand the capacity of the PV and energy storage systems.
The world’s first listed energy storage investment fund is floating in London to raise £100 million
Gore Street, the world’s first listed investment fund to focus solely on energy storage, recently announced that it will float in London. The fund aims to raise £100 million and is targeting a 7 per cent yield of the fund’s net asset value after one year. The fund will focus its investments on facilities of lithium-ion batteries, and will acquire three seed assets at cost.
EDF foresees €8 billion investment for 10GW of energy storage
EDF announced plans to invest €8 billion in deploying 10GW of new energy storage projects by 2035, in addition to its 5GW existing storage portfolio. Projects will focus on the residential sector in France and Europe. At least three battery projects are intended to launch in the next year. EDF will also expand in Africa with plans to begin extending services via off-grid solar panels and batteries in Ghana within the next 12 months.
Engie advances ‘Energy Transition’ plan with major stake in Electro Power Systems
Engie recently announced it had reached an agreement to acquire a majority stake in Electro Power Systems (EPS), a French energy storage and micro-grid company. Engie will continue to list EPS shares. The EPS acquisition is the last phase in Engie’s three-year US $12.5 billion investment plan. Engie plans to spend 2018 focusing on consolidation of its recent acquisitions.
Acciona receives the world’s first grid-scale energy storage certificate by DNV GL
Acciona received the first ever prototype DNV GL certificate for a grid-scale energy storage solution for its storage plant in Barasoain (Spain), comprising one fast-response battery of 1MW/0.39MWh (capable of maintaining 1MW of power for 20 minutes) and another slower-response battery with greater autonomy (0.7MW/0.7MWh, maintaining 0.7MW for 1 hour), connected to a 3MW wind turbine. Certification of the Barasoain plant was carried out in line with the GRIDSTOR Recommended Practice.
Enel plans to build 22MW battery storage plant in Germany
Enel has joined forces with local wind developer Enertrag and Swiss energy storage solutions company Leclanché to build a hybrid 22MW battery storage project at Cremzow in Germany. The project is intended to provide grid stabilization services through primary frequency regulation to Germany’s Primary Control Reserve market. The first phase of the project was scheduled to be operational in April 2018, with plans for final commissioning by the end of the year.
Eneco finalizes 48MW storage project in Germany
Enco and Japan’s Mitsubishi Corp completed their 48MW/50MWh battery on 31 May 2018. Located in Jardelund, Germany, the facility named EnspireME is made up of around 10,000 lithium-ion batteries and will provide reserve capacity to the European grid operators.
Nissan joins Tesla and Daimler as latest entry in energy storage business
Nissan, in its new venture Nissan Energy Solar, will join Tesla and Daimler in the energy storage market. On a normal day, Nissan is reported to have shown its solar panels and battery packs store more energy than the daily consumption needs of a regular household, allowing energy to be stored and used in unfavorable weather conditions. Sales will be limited to the UK, with plans for expansion into other European countries in future.
First Solar partners with Arizona utility for peak dispatch solar + storage project
First Solar has partnered with Arizona Public Service (APS) to create a 50MW battery system charged by the output from a 65MW solar PV plant. The megawatt-scale battery system, which is the first in Arizona, will be deployed to meet peak demand during evening hours. This partnership is in line with First Solar’s prior play into the energy storage space through its 2015 investment in Younicos, an energy storage developer. Future storage deployment targets include 500MW over 15 years for APS specifically and, potentially, 3,000MW by 2030 for the state of Arizona.
BP teams up with Tesla on energy storage project in South Dakota
British Petroleum (BP) has partnered with Tesla to build a battery storage project at Titan I, a BP-owned wind farm in South Dakota, USA. The Tesla Powerpack being installed is a small one (212kW/840kWh) and will be an opportunity to improve battery storage technologies for future use at BP’s other wind and solar farms. BP estimates a 6 per cent increase worldwide in the demand for renewable energy by 2035. BP has installed 13 wind farms in the USA totaling over 2GW and has invested over US $300 million into solar energy in 2017.
Massachusetts’s first community solar + storage project
Origis Energy, a solar and storage developer, Sungrow, a PV inverter manufacturer, and Greensmith Energy, an energy storage system integrator, are developing a 1MW rooftop solar and 1MW/2MWh battery storage system for a community solar-plus-storage project in Massachusetts, the first of its kind for the state. Utility provider Sterling Municipal Light Department has signed a long-term power purchase agreement to buy solar power and storage services from the project. The project will help Massachusetts achieve its goal of 200MWh of energy storage by 2020.
Geli raises US $5.5 million to take battery control software to a wider stage
Growing Energy Labs Inc. (Geli) aims continue positioning its energy battery control software as an operating system for commercial, industrial, residential, and grid energy storage management through the US $5.5 million it has raised. The company currently operates in U.S., New Zealand, and Australia and hopes to enter new markets such as Japan while expanding its relationships with its equipment manufacturing partners, such as NEXTracker. By offering its on-line energy storage design software for free, which connects to Geli's run-time automation, Geli has attracted about 1,500 developers to use it in projects, some of which may soon be secured.
Masdar partners with Costa Rica utility on solar, storage and smart cities
Abu Dhabi-based energy firm Masdar and state-run utility Costa Rican Electricity Institute have signed a memorandum of understanding to share technical knowledge and project experience for renewable energy development, including floating solar PV technology, smart cities technology and battery storage. The two companies also hope to offer advisory services to other Latin American and Caribbean countries on energy diversification. Meanwhile Masdar is supporting the deployment of the US $50 million UAE-Caribbean Renewable Energy Fund, which will deploy projects in 16 countries over the next three years. This year, the fund will complete solar PV installations, battery storage and electric vehicle charging stations in the Bahamas, Barbados and St Vincent and the Grenadines.
Brazil's CPFL Energía to invest US $20 million in energy storage research
Brazilian renewable energy firm CPFL Energía SA will invest US $20 million into three research and development projects that will analyze the impact of storage on the quality and reliability of energy supply. The research will focus on how batteries can optimize the production of electricity from renewables, defer the need for investments in transmission lines and provide voltage support to the distribution system.