What’s driving down energy storage costs?

What’s driving down energy storage costs?

  Today less than one tenth of 1% of the world’s electricity is stored in a battery. By 2040 the best predictions only expect batteries to account for 3% of the world’s power supply.   Though energy storage can reduce the curtailment of renewable energy generation...
Australia’s solar-storage market set for explosive growth

Australia’s solar-storage market set for explosive growth

According to a mid-year study by Sun Wiz, Australia’s solar-plus-storage market is poised for significant growth triggered by retail electricity price rises.     The report found there were 7000 home energy storage systems installed in the first half of 2017, the same...
Drive Electric launches vehicle-to-grid (V2G) service in UK

Drive Electric launches vehicle-to-grid (V2G) service in UK

Drive Electric, a provider of leased ultra-low emission vehicles in the UK, has launched a Vehicle to Grid (V2G) service for electric vehicle drivers, both at home and at the workplace. In September 2017 Drive Electric signed a memorandum of understanding (MoU) with...
Lessons from Alevo’s bankruptcy

Lessons from Alevo’s bankruptcy

  Grid energy storage has become rapidly commoditised, leaving Alevo with its ambitions of being a vertically-integrated player, struggling to commercialise its alternative battery technology.   On 18 August 2017, Alevo USA and Alevo Manufacturing, filed for chapter...
Wind industry taps into benefits of storage

Wind industry taps into benefits of storage

Synergies between solar and storage are well documented but the wind industry has been slower to embrace the technology.   That looks likely to change as wind turbine supplier Vestas has confirmed it is working with Tesla to combine wind turbines and batteries, for...