UK: Trading drives revenue growth for battery storage in October
Energy trading starting to make up for UK ancillary service saturation . As Energy-Storage.news has previously written, revenues for UK battery storage projects have crashed year-on-year in 2023 after higher-than-expected performance in 2022 as the saturation of ancillary service markets like FFR (Firm Frequency Response) started to have an impact.
NHOA Energy''s successful commissioning in Peru: 31MWh battery
Paris, 3 October 2023 – NHOA Energy, NHOA Group''s (NHOA.PA, formerly Engie EPS) business unit dedicated to energy storage, is pleased to announce the successful commissioning of a
''A very good year'': France toasts rapid energy storage
Energy-Storage.news reported a while back on the completion of an expansion at continental France''s largest battery energy storage system (BESS) project. BESS capacity at the TotalEnergies refinery site in Dunkirk,
NHOA Energy''s successful commissioning in Peru: 31MWh
dedicated to energy storage, is pleased to announce the successful commissioning of a 31MWh battery storage system for ENGIE Energía Perú, supplied on a turn-key basis and located in
Energy trading strategy of community shared energy storage
One of the challenges of renewable energy is its uncertain nature. Community shared energy storage (CSES) is a solution to alleviate the uncertainty of renewable resources by aggregating excess energy during appropriate periods and discharging it when renewable generation is low. CSES involves multiple consumers or producers sharing an energy storage
Almacenamiento de Energía | Bess – Andina Energy
En Andina Energy, ofrecemos soluciones avanzadas de almacenamiento de energía a través de sistemas BESS (Battery Energy Storage Systems). Estos sistemas permiten una gestión
Energy storage techniques, applications, and recent trends: A
Energy is essential in our daily lives to increase human development, which leads to economic growth and productivity. In recent national development plans and policies, numerous nations have prioritized sustainable energy storage. To promote sustainable energy use, energy storage systems are being deployed to store excess energy generated from
Are algorithms the ''Holy Grail'' of battery
Algorithms for the control and optimisation of assets including batteries can be an energy trader''s best friend - nearly all of the time. Aaron Lally, managing partner at UK-based clean tech trading house, VEST Energy,
Energy trading with batteries ''will be scalable
Contracted for 20 years, ownership of the PV systems is transferred to the household after the first 10 years in the no-money-down deal. Sharing Energy business development head Kaz Iguchi told Energy
Solutions for energy storage systems (ESS)
Electrochemical energy storage devices with CATL battery solutions are successfully used in large industrial and commercial enterprises, residential areas, and are also being extended to new scenarios, such as fast high-power
trading Archives
The Winners Are Set to Be Announced for the Energy Storage Awards! Energy Storage Awards, 21 November 2024, Hilton London Bankside. Book Your Table. November 12, 2024. Energy-Storage.news proudly presents our sponsored webinar with GridBeyond, on successful battery storage trading strategies in the ERCOT and CAISO markets.
Co-located storage an ''elegant way'' of
Speaking on a panel at this week''s Energy Storage Summit 2021, Libicek said that when it comes to financing, energy storage remained "firstly a question of confidence", but deemed that the finance community can no longer ignore the potential of energy storage assets and in particular, co-located sites.
ENGIE Energía Perú will implement an Energy Storage System with
On March 22, ENGIE Energía Perú, a power generation company, started the implementation of a Battery Energy Storage System (BESS) to provide the primary frequency
PCI Energy Solutions, Trusted Software Partner
PCI''s integrated energy management platform consolidates all multi-commodity trading activities in a single system, providing full transparency and optimization across power, fuels, and more. Our modular, cloud-first solutions are tailored to each customer''s needs, anchored by expert support that evolves with your business
COP29: Pledge to increase global energy storage capacity to
Falling costs, rising value of energy storage. The final text of the Energy Storage and Grids Pledge for COP29 recognises the essential role both play in the power sector''s decarbonisation, including facilitating the increased integration of renewable energy and providing stable and secure supply of electricity.
Tesla Megapack battery storage system enters
A battery energy storage system (BESS) comprising Tesla Megapacks with output of 10.8MW and 43MWh storage capacity has gone into operation in Sendai, Japan. Tesla Japan announced last week (4 June) that the large-scale battery system has been installed and begun operation at the site of Sendai Power Station, which is in Sendai City, Miyagi
Top 18 Thermal Energy Storage startups (December 2024)
Country: Switzerland Airlight Energy develops solar technologies for large-scale production of electricity and thermal energy, and for energy storage. It offers concentrated solar power systems for electricity generation and industrial process heat applications; concentrated photovoltaic systems for the energy intensive industry and large utilities; and
Molten hydroxide salt energy storage inaugurated in
Hyme Energy has inaugurated a molten hydroxide salt energy storage project in Denmark, the first such deployment in the world, it claimed. The system has been built as part of a project called ''Molten Salt Storage –
Risks and rewards of AI optimisation for battery storage assets
With the rise of AI-driven solutions for optimisation of trading using battery energy storage system (BESS) assets, Prudence Heck and Andrew Young of Spearmint Energy consider strategies and risks. Recent advancements in generative AI have raised significant questions around its new potential applications, practical and theoretical limits, and
Energy Storage Systems & Solutions | Enel X
Reduce your facility''s peak electricity grid demand levels with commercial energy storage and enjoy lower charges based on less need during peak demand times. Energy Arbitrage. Store low-cost power with your energy storage system so you can avoid using energy from the electricity grid during periods of high-cost energy.
The Energy Storage Report 2024
The Energy Storage Report is now available to download. In it, you''ll find the best of our content from Energy-Storage.news Premium and PV Tech Power, as well as new articles covering deployments, technology, policy
US presidential election ''24 and energy storage: Industry views
A few years ago, energy storage began qualifying for investment tax credit (ITC) incentives if paired with renewables, and the IRA unlocked standalone storage ITCs from 2022, but in many other territories Fluence operates in, there are no incentives or policy support at all. Informa Markets, a trading division of Informa PLC. Accessibility
NHOA awarded 30MWh BESS contract in Peru
Global energy storage group NHOA, formerly Engie EPS, has been awarded a 30MWh battery energy storage system (BESS) to be developed in Peru. Engie Energía Perú will install the BESS at the site of the 800MW
Southeast Asia Archives
A consortium of development finance institutions led by the Asian Development Bank (ADB) and IPP Gulf Energy have signed a US$820 million loan agreement for a solar and storage portfolio in Thailand. BYD launches sodium-ion grid-scale BESS product
Evolution of business models for energy storage
New opportunities emerge to offer stable revenues as the need for storage in Europe is rampant. As markets in Europe gain in complexity and require extensive trading measures, some opportunities such as capacity
Energy storage and energy density: an EPC''s view
Every edition includes ''Storage & Smart Power'', a dedicated section contributed by the Energy-Storage.news team, and full access to upcoming issues as well as the nine-year back catalogue are included as part of a subscription to Energy-Storage.news Premium. About the Authors . Josh Tucker is engineering manager for the Energy Storage
Making energy trades with BESS in Japan, with Pacifico Energy
Energy-Storage.news: The battery storage systems at Shiroishi in Hokkaido and Itoshima in Kyushu are assets with relatively long duration, compared to what''s typically seen in less mature markets for grid-connected battery storage. The business case for trading energy with battery storage has been enabled by changes in regulation to make
SCE seeks approval for 750MW of energy storage RA contracts
The two projects were selected as part of phases 2 and 3 of SCE''s Midterm Reliability RFO (MTRRFO) – released in October 2022 and February 2023, respectively – and will fulfil part of the utility''s procurement requirements as mandated by CPUC.. Along with the new RA contracts, SCE is also seeking regulatory approval of an amendment to an existing 100MW