Page 65 - Demand Response News Today

Published: 3 Mar 2021, 12:51 By: Edith Hancock Charlie Pugsey, deputy commissioner for the London Fire Brigade, believes better monitoring of "forseeable events" could be vital in improving safety in the energy storage industry. Image: ESRG Re-examining and retrofitting older, potentially hazardous battery storage systems should be an “essential” part of preventing harm, according to a panel of industry leaders. Speaking at the Energy Storage Summit 2021, hosted by our publishe...

Published: 3 Mar 2021, 16:03 By: Andy Colthorpe Session moderator Carina Radfords law firm White & Case advised on the Neoen-Tesla Hornsdale Power Reserve project in South Australia. Image: Neoen-Tesla. The battery storage market in the UK has become a viable investment opportunity in just the past few months, even without the backing of long-term contracts for grid services, according to an investment manager in the renewable energy sector. Jonty Lovell, investment manager at Fo...

By: Andy Colthorpe Texas’ grid and the idiosyncrasies of its electricity planning system regime made global headlines in February following a harsh winter storm and subsequent blackouts that affected millions of people and businesses for almost an entire week. The tragic events, which left an estimated 30 people dead, were followed quickly by initial, predictable, depressing knee-jerk reactionary blaming of renewable energy by politicians and media outlets alike. In reality wind and solar bo...

The business of demand response — cutting energy use to reduce peak grid demands — has evolved with the growing capability of technologies to enable it over the decades, from the manual emergency load-shedding of the past to the modern incarnation of virtual power plants, which coordinate digitally connected devices to shift loads across thousands of sites in close to real time.   But the structures for valuing the “negawatts” that demand response delivers have largely remained the ...

The go-to resource for in-depth news, analysis, blogs and more on the international energy storage industry

Published: 2 Mar 2021, 12:22 By: Editor-in-Chief, Solar Media Highview Powers CRYOBattery is one such long-duration energy storage technology to have emerged in recent years. Image: Highview Power. Energy market mechanisms must evolve in order to support long-duration energy storage, with the existing frameworks having “significant problems” incentivising those technologies, a panel of experts has concluded. Speaking on a panel debating the policy landscape for long-duration st...

Published: 2 Mar 2021, 15:16 By: Image: Acciona. There exists a strong potential for energy storage to provide ancillary services in the Iberian Peninsula’s booming renewables market, but regulatory stability should be provided to encourage the sector’s growth. That was one of the takeaways from a panel discussion focussed on Spain and Portugal at the ongoing Energy Storage Summit 2021 virtual event. Berto Martins, director of electricity markets at utility company EDP Portugal...

Texans were left in the cold and dark this February, following extreme cold weather that had the Texas competitive energy market unable to prevent deadly power failures. Leaving behind its historic commitment to power system independence and joining the larger U.S. grid can relieve some of the consequences of extreme weather events Texas is likely to see again, many energy analysts in and out of Texas said. "We designed this system for Ozzie and Harriet weather and we now have Mad Max," said Te...

Statkrafts Kilathmoy battery won contracts for the current DS3 framework. Image: Statkraft. With the current tariff framework for energy storage in Ireland set to come to an end in April 2023, there is scepticism over the support that will follow. Given the onerous number of checks needed to bring in a replacement framework, and lessons learnt from the current “Delivering a Secure, Sustainable Electricity System” (DS3) framework, it is unlikely to be ready in the next two years suggested B...

Published: 2 Mar 2021, 14:40 By: Andy Colthorpe Italys transmission grid operator TERNA held its fast reserve grid services auction last year as a pilot. Image: TERNA via Twitter. The success of an auction for fast reserve grid services held by Italy’s transmission system operator (TSO) indicates a strong appetite for battery storage, but market rules and regulations need some revision to capture that opportunity. At a round table session today at the Energy Storage Summit 2021,...