Any conversation around the integration of renewable or load management at some stage moves to energy storage and the impact this will have on the grid.
From the re-use of EV batteries for load management (covered in MSEI issue 3-2016), to the development of new technologies that offers improved efficiency and cost effectiveness, everyone believes that storage will – without over using the term – be a game changer in this sector.
We believe that storage, if cost effective, will remove the excuse that renewable energy intermittency is the main reason it cannot be seriously considered as base load, that it’s effective utilisation will enable load balancing and improve power quality and that these combined will relieve pressure around energy security and aid the achievement of various climate change goals.
Our next edition, which has a strong focus on Spain (the host country for this year’s European Utility Week), features a number of articles on energy storage. Be sure to be on the look out for the next edition which is due in early October.
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More from Metering & Smart Energy International
The Ministry of Environment and Climate Change selected solar systems firm Energy Matters for the rollout of a smart energy project in the capital of Canberra. The solar firm will provide and install its smart energy storage system for residents and businesses in Canberra. [Australia boosts rollout of energy storage system in Canberra]. The deployment of energy storage systems under the Ministry’s Next Generation Energy Storage Grants Programme is expected to help increase the adoption of renewable energy sources in the city in line with targets set by the government to produce 100% of energy from clean sources by 2020.
The US Department of Energy (DoE) will provide Hawaii with a $225,000 grant to increase the adoption of renewable energy. According to a local media, Hawaii will use the funds to develop measures to increase awareness around renewable energy technologies amongst actors in the island state's energy market. [DoE grant to boost RE adoption in Hawaii]. Hawaii will acquire the funding through the DoE’s State Energy Programme.
German utilities company E.ON announced that its US subsidiary has kickstarted a clean energy project in the state of Illinois. In a press statement, the firm said its Chicago based division started the installation of 278MW wind farm in Macon County. [E.ON expands clean energy portfolio in Illinois]. The project falls under the company’s efforts to increase its renewable energy portfolio.
China’s Shanghai Electric has set its sights on purchasing the utility serving Pakistan’s biggest city of Karachi for $1.6 billion. The deal is being dubbed as the biggest private-sector acquisition in Pakistan’s history. [Shanghai Electric to buy Pakistan utility for $1.6bn]. Shanghai Electric’s investment forms part of a $46bn project unveiled last year that will link its western Xinjiang province to Pakistan’s Gwadar port with a series of infrastructure, power and transport upgrades.