Round 2 of ACT battery storage auction, a $2m funding round for 2MW of solar storage, has attracted 17 bids to install more than 8MW.
Panasonic expects its annual sales of auto-related lithium-ion batteries to more than double within 3 years owing to demand for Tesla’s products.
Big generators line up against proposed rule change that could encourage battery storage and reduce wholesale electricity costs. Their opposition to rules that favour new technologies seen in same light as their fight against renewable energy targets.
The UK could adopt solar, electric vehicles and batteries much faster than expected just a year ago, according to the National Grid.
Even at current market prices, various different energy storage options make economic sense for renewable energy projects in some locations, according to new research from MIT.
WA power utility Horizon is leading a big switch from centralised fossil fuel generation to local generation. The economics of past supply models are no longer competitive with current and future technology choices.
Mercedez Benz to begin selling its 2.5kWh lithium-ion home battery storage units in Australia in September.
First big solar and storage plant fires up at WA copper mine, and other miners are keen to follow suit to reduce crippling cost of diesel.
Morgan Stanley predicts one million Australian households could install battery storage by 2020 – but it could be double that. The incumbent utilities, it says, are misreading the market, and it is has downgraded one of the big utilities because of it.
Morgan Stanley says installed cost of battery storage could fall from nearly $10,000 to just over $5,000 within two years. The actual battery will be one third of current cost.