Utility Scale Storage

TES issued a press release announcing the new facilities that is light on detail but claimed the plants would position it as ‘a leader’ in battery recycling. The company also announced an intent to move into the reuse of spent electric vehicle batteries in commercial and residential applications.

The recycling market will experience a tenfold expansion between last year and 2030, driven by EV battery usage and portable electronics. Retrieving valuable metals and minerals is becoming a high priority and several dozen companies are already in position for the first big wave of end-of-life batteries.

The Ministry of New and Renewable Energy has suggested minimum 25-year power purchase agreements and also opened up the option of including energy storage in solar-wind hybrid generation projects procured under its public tender regime.

The aim is development of sustainable, integrated solutions for both short- and long-term storage. November 12 is the last date for submitting expressions of interest. Projects are expected to start before December 15, 2020.

EU industry body EUROBAT has called for the bloc to adopt a battery industrial strategy and has pushed the claims of domestic manufacturers in the same manner as India has, as the race hots up to dominate the global energy storage market.

Plans for a gigawatt factory in Saudi Arabia, bullet-proof warranties and an international vanadium rental service are propelling a new generation of batteries into the energy storage big league. Pioneers of redox flow technology claim that they can put an end to the degradation and safety issues afflicting lithium-ion batteries. They also expect imminent economies of scale to reduce the cost of bulk energy storage and unlock new markets for solar power.

India’s transition toward electric vehicles and renewable generation makes a strong case for grid-scale battery storage. And with the government going all out to ensure that demand is met through local manufacturing, ample opportunity is being created for joint ventures – as the country, at present, lacks the requisite experience.

A British study has found co-location of solar and storage may accelerate the deployment of profitable merchant renewable energy projects in the United Kingdom. The report predicts installed solar capacity in the U.K. could increase from around 13 GW next year to 19 GW in 2030 and 32 GW in 2040.

Integrated power infrastructure offers an emerging investment opportunity in Asia as the region expands and adapts its energy mix to address sustainability and resilience goals. Narsingh Chaudhary and Mitesh Patel, of engineering, procurement and construction business Black & Veatch, tell pv magazine more.

Technical consultancy DNV GL has published its Energy Transition Outlook 2019. While the electric vehicle, storage and renewable energy industries are likely to see significant rises in demand, the sobering conclusion is the world will miss carbon reduction targets by a long shot.