California’s government has issued a roadmap for the US state to achieve its long-term goal of 100% clean energy, while an immediate State of Emergency has been declared over concerns the electric system will struggle under heat waves this summer.
Battery storage is flexible, remarkable — and investable — but you need to know what you’re doing and know where the market opportunities and limits lie. Renewable and clean energy financier Laurent Segalen from Megawatt-X explains some of the things he’s seen as batteries have become an infrastructure asset in their own right.
Talen Energy, a US independent power producer (IPP) with a 13GW portfolio of generation assets, has contracted energy storage developer Key Capture Energy to install a battery storage system at the site of a coal power plant in Maryland.
Talen Energy Corporation, a US power and infrastructure development group with 13GW of mostly fossil fuel assets in its portfolio to date has said that it is developing a gigawatt of battery storage projects.
The Australian Energy Market Commission has drafted a new rule to enable the provision of fast frequency response services to help keep the electricity grid stable which one expert said will be “a really important market for batteries”.
The first battery energy storage system deployed to help stabilise the electricity grid in Turkey could help show the country’s energy sector that more rapid uptake of renewable energy can be feasible and cost-effective.
Australian energy retailer EnergyAustralia has said that it will build a 350MW, four-hour standalone battery energy storage system (BESS) project to enable one of its coal-fired power plants to be retired “after decades of faithful service”.