1. 1-17 of 17
    1. Ofgem: We Want to Curb Costs for Energy Storage Projects

      Ofgem: We Want to Curb Costs for Energy Storage Projects

      Wide-ranging reforms set out this week by the government and Ofgem could reduce costs for energy storage operators and help unlock a new wave of investment in the fast-expanding smart grid market. That is the view of Andy Burgess, associate partner for energy systems at Ofgem, who writing on BusinessGreen today explains how the package of changes set out earlier this week will deliver particular benefits for energy storage developers and operators.

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      Mentions: UK
    2. Alevo and KiWi Power Boot Up UK Storage Sector With Utility-Scale Project

      Alevo and KiWi Power Boot Up UK Storage Sector With Utility-Scale Project

      The development of the UK's nascent energy storage market took a major step forward today with the news energy storage provider Alevo and demand response firm KiWi Power have partnered to develop a 6MW battery storage array for National Grid in Yorkshire. The system, which will be one of the first utility-scale storage projects in the UK, will store energy for National Grid and support the transmission of electricity to customers nationwide. The system has been designed on a long-term leasing model, and is expected to be operational for more than a decade.

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      Mentions: UK
    3. Energy Storage will be Vital for Decarbonising Power Sector, say S&P

      Energy Storage will be Vital for Decarbonising Power Sector, say S&P

      Energy storage will be critical in helping countries hit renewable energy targets in coming decades, a new report from ratings agency Standard & Poor's (S&P) tells investors. The analysis, released late last week, reports solar and wind are unlikely to account for more than 30 per cent of a country's power generation mix without the presence of energy storage technologies to help balance intermittency in supply.

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      Mentions: UK
    4. Energy Storage Pioneers Pique Investor and Customer Interest

      Energy Storage Pioneers Pique Investor and Customer Interest

      A series of deals have this week underlined growing investor interest in the expanding energy storage market, as a number of leading firms announce progress in their pursuit of more cost-effective energy storage systems. UK-based battery start-up Nexeon became the latest energy storage specialist to pique investor interest yesterday, announcing it has successfully completed a £30m funding round to support its ambitious expansion plans.

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      Mentions: UK Nexeon
    5. Alevo Branches into Texan Renewables Market with Latest Energy Storage Project

      Alevo Branches into Texan Renewables Market with Latest Energy Storage Project

      Alevo Group yesterday announced its latest high profile energy storage deployment in form of a 10MW project in Georgetown, Texas. The energy storage firm confirmed it has signed an agreement with geothermal specialist Ormat Technologies to jointly build and operate the plant at the Rabbit Hill substation, which is owned and operated by Georgetown Utility Systems and the city of Georgetown. The announcement follows the news earlier this month of Alevo's deployment of its technology at the site of a retired oil-fired generator in Delaware - the first confirmed commercial installation since the company revealed in late 2014 it had raised $1bn of capital over 10 years to deliver its 2MW grid-scale battery units.

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      Mentions: Parker Hannifin
    6. RES Debuts Cutting-Edge Canadian Energy Storage System

      RES Debuts Cutting-Edge Canadian Energy Storage System

      The grid-scale energy storage market has taken another important step forward as one of North America's leading renewables developers this week confirmed it had been granted approval for its latest 4MW battery system. Renewable Energy Systems (RES) Canada, a unit of renewable energy giant RES Group, announced that it has been granted final certification for its Amphora energy storage system in Central Strathroy, Ontario, and is now positioned to start providing "frequency regulation" services to grid provider Independent Electricity System Operator (IESO).

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      Mentions: GE Canada Ontario
    7. From Mines to Megawatts: The Promise of 'Conflict-Free Big Solar'

      From Mines to Megawatts: The Promise of 'Conflict-Free Big Solar'

      Arizona startup Green Energy Storage wants to transform an abandoned open-pit copper mine 45 miles south of Phoenix into a large-scale solar power and pumped-hydro storage facility. Although still in the early days of development, the project, first pitched to federal energy regulators two weeks ago, could become a model for conflict-free Big Solar.

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      Mentions: CA PA DoE
    8. DECC Announces £8m Boost for Energy Storage Technology

      DECC Announces £8m Boost for Energy Storage Technology

      An innovative energy storage technology that promises help to balance supply and demand on the national grid has received a major boost today as the government announced £8m of funding to support the project. Climate Change Minister Greg Barker confirmed that the funding had been awarded to Viridor Waste Management Ltd and Highview Power Storage, which are jointly working on a project to pilot a new liquid air energy storage project that aims to store air in a liquid format, allowing it to then be used to produce electricity when required.

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      Mentions: Europe UK Highview
    9. S&C to enter 3 projects in £20m UK storage demo competition

      S&C to enter 3 projects in £20m UK storage demo competition

      The UK has launched a £20m innovation competition to fund large-scale energy storage demonstration schemes.  S&C Electric is talking to potential clients about demonstrating storage in a wind or solar farm, and another to help large commercial buildings become self-sufficient by installing onsite renewables and storage.

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      Mentions: UK S&C Electric
    10. LG (S. Korea) to Invest ~US$7B in Green Tech (storage not mentioned)

      LG (S. Korea) to Invest ~US$7B in Green Tech (storage not mentioned)
      2 trillion won has been earmarked for the electric vehicle battery sector through to 2013, with a further 1 trillion won to be invested in solar photovoltaic, LED and water treatment technologies. The company is also attempting to position itself as a major supplier to the fast-expanding solar industry, announcing that 490bn won will be targeted at the polysilicon sector, and a further 400bn won will be invested in production facilities for solar cell wafers through to 2015.
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    11. UK Dept Risking "NEGawatt" Market by Lack of Payment Clarity

      UK Dept Risking "NEGawatt" Market by Lack of Payment Clarity
      The Department of Energy and Climate Change confirmed last week that it will develop a policy that will set out the role of electricity demand management initiatives, energy storage systems, new interconnection links to the continent, and the roll out smart grid technologies. The DECC has been warned it risks harming investor confidence in the UK's emerging "negawatt market", after failing to reveal how it will administer payments for back-up plants and demand management schemes.
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      Mentions: UK
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