Energy Storage

The facility is now selling power to local distributors AES, Delsur, EDESAL and B&D at an average price of $ 49.55 under a 20-year PPA.

LG Chem is spinning off its battery business into a new subsidiary, LG Energy Solution. It also launched two new battery series, Resu Prime and Resu Flex. These devices rely on new battery cells with a higher power density and with up to 16 kWh, they have a higher capacity than previous models. The first products are expected to be shipped from February or March 2021.

Researchers in Saudi Arabia have conducted a review of all current techniques used to calculate the monetary value of storage. They found that batteries secure the most value in providing ancillary services.

The New South Wales state government’s push toward renewable energy continues to gather momentum, as the Independent Planning Commission has approved a multimillion-dollar, 500 MW solar project.

We wanted to know what the grid would look like, and cost, if we stopped ignoring the benefits of distributed energy resources and optimized their integration through a better modeling process. We found that when you use better planning models and scale both local solar and storage, as well as utility-scale solar and wind, you maximize cost savings and unlock the path to the lowest cost grid.

Scientists in the UK looked into the effects of exposure to ambient atmosphere could have on nickel-manganese-cobalt cathodes for lithium-ion batteries. While many cathode designs are moisture sensitive, the group found that the nickel-rich cathodes currently gaining market share are especially vulnerable, and can suffer irreversible power loss upon exposure to moisture in the air.

According to a research team from Oxford University, solar and wind may be applied in power-to-methanol projects only if the methanol industry will switch from conventional chemical processes, that require a constant energy supply, to more flexible processes that need demand-side management.

EU environmental laws are driving the implementation of zero-emission solutions in the Netherlands.

Installations hit a record 476 MW/764 MWh in the third quarter, with California’s deployment figures alone shattering all previous quarterly records.

Deepak Thakur, CEO of the hybrid and energy storage business at Indian solar developer Sterling and Wilson, has spoken to pv magazine about the global market, and said: “Efficient and economically viable energy storage, and optimal hybridization, are crucial for ensuring the expansion of renewable power generation both at the grid and micro-grid scale.”