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Europe’s policymakers seem to have a blind spot in relation to energy storage and its position within the transition away from fossil fuels.

Whereas local weather change stays the main existential disaster of our occasions, there’s additionally a right away disaster dealing with the European Union’s energy sector: its reliance on Russian fossil gas imports.

REPower EU, the coverage technique which largely targets the top of dependence on Russia for fuels and has been within the making since March following Russia’s invasion of Ukraine, was published in its draft form yesterday by the Union.

In contrast to a leaked version of the draft which Energy-Storage.information was capable of see final week, the proposal does embrace some specific point out of the position of energy storage, as famous in our protection.

Nevertheless, it’s prone to nonetheless fall brief in ambition, given the vagueness of its therapy of the varied applied sciences – it says the EU recognises the significance of electrical energy storage and can encourage its growth, for instance, however doesn’t go into specifics in the best way that it does for say, {solar} PV or hydrogen.

We hear from Patrick Clerens, secretary common of the European Affiliation for Storage of Energy (EASE), a tireless and longstanding advocate for energy storage in all its types, why a coherent technique to allow a large rollout of energy storage is required to allow the speedy progress of renewable energy.

As famous in our information story final week, EASE and its members have modelled the necessity for energy storage within the European system and found that 190GW will be required by 2030, equal to 14GW a 12 months of latest installations, in a market that put in lower than a gigawatt throughout 2021.

It must be mentioned that finally week’s ees Europe commerce occasion in Munich, Germany, and in wider conversations with numerous trade specialists and contributors, Energy-Storage.information has heard optimism on the prospects for the energy storage trade in Europe. Nevertheless, this progress in market-based demand doesn’t but correlate to the huge push forwards that EASE and lots of others say wants to come back from robust coverage management.

EASE and different teams have made an pressing name for the inclusion of energy storage within the RePower EU plan. Energy storage, whether or not electrochemical, mechanical or thermal, has been absent from discussions so far and isn’t coated intimately. Why is that this so necessary?

In RePower EU, the primary intention is to wean ourselves off Russian fuel, to restrict Russian fuel imports, and within the midterm to diversify fully away. That’s a choice of the European Fee.

Additionally they see that we’ve got a number of indigenous energy sources, that are renewable energy sources, and we’ve seen that these sources are being curtailed. Now the fee is looking for extra renewables, however we all know that the grid can’t move (because of congestion). So, it’s not attainable on the similar [required] velocity.

The one method we see to make this occur is to have a large rollout of storage gadgets to avert curbing.

The way in which renewables had been rolled out was very clear. There was a goal set for renewables, there was a assist mechanism put in place to realize these targets, and this rolled out renewables, decreased costs and created an setting of suppliers, of researchers, for it [the industry] to have its personal infrastructure round it.

We have to go to the identical degree for energy storage: we have to set targets, we want to ensure we are able to obtain these targets. And these targets have to be primarily based on the rollout of renewable energy.

A variety of research for the second discuss storage solely being wanted in 2040.

However there are two flaws to those research. The primary flaw is that they depend on fuel peakers to stability the system, all of them. The European Fee had foreseen 80% of balancing coming from fuel in their very own assessments. In order that’s not working anymore, we don’t need this anymore. And it’s not becoming with the upper [decarbonisation] targets.

And that’s the second half: the EU’s Fit for 55 plan targets 55% carbon emissions discount by 2030, increased than the earlier 50% goal. It doesn’t appear rather a lot, this 5%, however the low hanging fruits have been used, each share level is extra painful now. So, it’s a enormous problem to get this 5% extra. You due to this fact have to keep away from a curtailment of renewable energy sources, to extend the consumption of renewable energy sources.

Whereas curbing renewables, you’ll not handle to realize the targets. Utilizing fuel peakers you’ll not obtain to on one aspect scale back CO2 emissions and [on the other side] wean us off imported fuel.

We’re talking to one another at ees Europe, the electrical energy storage commerce present, which has grown immensely up to now few years, simply because the Intersolar Europe PV present did earlier than it. Do you suppose this lack of inclusion for energy storage is only a reflection of the sooner stage of growth that the trade remains to be at? Or is there basically one thing lacking from the strategy of EU policymakers?

When you’ve got an energy system which is projected to not want storage, you don’t have to push it. However now, since this shift occurred, we see that we want storage, and we’re missing the mechanism to roll it out.

And we have to create a complete energy storage technique on a European degree with the EU Member States. Have a look at the Nationwide Energy and Local weather Plans and see how storage could be pushed up there. That’s actually what you [need to] do, have a complete built-in technique on energy storage. With out this we is not going to meet the goal for the renewables, we is not going to handle to wean ourselves off imported fuel.

We’re seeing some momentum for progress in European energy storage, though as you say, not on the extent that’s wanted. Lately we’ve seen Greece set an bold 3GW by 2030 deployment goal, and monetary assist for storage in Bulgaria, unlocked by means of EU funds for financial restoration post-pandemic. Is that one thing that works greatest for markets at an early stage of growth and the place do you see the position of the EU and policy-driven funding versus assist for unlocking market mechanisms?

It will likely be each of these going hand in hand to be sincere. We’ve got on one aspect, the necessity to create merchandise. So, for instance, avoiding curtailment. You’ll be able to create a market product saying, “In case you retailer wind energy to keep away from curbing it, we can pay you per megawatt-hour you retailer and make obtainable” and provides it a enterprise case.

If it’s a longer-term contract, just like the four-year contracts for enhanced frequency response (EFR) awarded in the UK in 2016, then it will create funding safety and pull in traders. It is advisable to create some merchandise to get the market going.

On the opposite aspect, we see that we want assist, to roll it out, to create belief, to point out that it’s engaged on bigger scale, as a result of we’re missing multi-megawatt sizes, I imply tens or a whole lot of megawatts-sized storage gadgets.

We’d like this, as a result of we’ve got in our energy system a necessity for flexibility which could be offered by interconnecting demand aspect administration, and likewise by storage. To switch the peaking crops, we additionally have to shift energy.

There’s a necessity in our system for flexibility and energy shifting and this energy shifting half can solely be achieved by energy storage gadgets, that are electrical in a bi-directional method, which means electrical energy in and electrical energy out. You’ll be able to retailer it inside potential energy like pumped hydro storage, you need to use electrochemical storage, various kinds of batteries, after all lithium-ion, but additionally for greater portions of energy, move batteries or different varieties of batteries. We’d like clearly to additionally retailer it in mechanical means, so compressed air, liquefied air and different applied sciences. We are able to additionally retailer electrical energy in warmth storage.

The [market] problem there’s that as quickly as you go to massive energy shifting over longer phrases, it’s like a store: what produce I get in and might promote, the extra money I make if I fill my inventory. If I promote my produce solely as soon as every week, then I make much less cash. It’s the identical with storage gadgets.

If I fill my storage machine, and I empty it solely as soon as every week, there’s no biking, there’s no revenues. We have to discover mechanisms on find out how to make this obtainable.

The Portuguese Secretary of State for Energy João Galamba, mentioned that safety of [energy] provide, is a public obligation, that it’s a public good. He was implying that this might be tendered or subsidised from public funds, as a result of we want the safety of provide, and we see that if we don’t have it, we’re in actually unhealthy form.

There are discussions that are beginning which present there are totally different prospects on find out how to do it and we’ve got the EU Innovation Funds and different funding for the second, just like the (post-pandemic) Restoration and Resiliency Facility. So, we’ve got cash obtainable, which can be utilized, which is large. However we want additionally merchandise to replicate the necessity to say: “We’d like at the least strategic reserves on storage”.

In distinction, hydrogen performs a giant position within the RePower EU plan, which requires a goal of 10 million tonnes of home renewable hydrogen manufacturing and 10 million tonnes of imports by 2030. The EU seems to recognise that hydrogen will likely be greatest used to exchange pure fuel, coal and oil in hard-to-abate industrial sectors and for transportation. Why couldn’t green hydrogen be used for that electrical energy storage utility?

Hydrogen is storing energy, however it is not going to in my view be remodeled within the close to future into electrical energy once more. It will likely be used to decarbonise trade, as a result of they want green hydrogen, it is going to be used to decarbonise difficult-to-electrify transport, like intercontinental flights.

So, for warmth storage, the place you’re taking electrical energy to place it in warmth or to decarbonise the heating sector, roughly 50% of the energy is consumed for heating and cooling houses. So, all of this may present flexibility by both placing on the electrolyser or switching off the electrolyser, by placing on the demand aspect response or not, however that’s not serving to to supply electrical energy in moments of want.

There’s no single utility for one know-how, there are totally different functions, relying on the use case, and the second and efficiencies and this could decide the combination.

When you’ve got no different means, this (hydrogen) is the most affordable technique of storage for weeks and months. However if you flip it again into electrical energy, you lose rather a lot. After all, we’ve got an energy disaster, so we should take essentially the most environment friendly merchandise. So in my view, we want that hydrogen to decarbonise trade that we electrify, that in any other case can’t be achieved.



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Some European gigafactory projects ‘revising plans’

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Some anticipated lithium-ion battery gigafactory tasks in Europe are quietly revising their plans and should not open in any respect, based on the pinnacle of energy storage for analysis and consulting firm Delta-EE.

Delta-EE just lately forecasted that the European battery energy storage system (BESS) market would plateau over 2024-27 after three years of sturdy development in deployments as a consequence of lithium-ion provide chain constraints.

“The limiting issue is lithium provide – some anticipated gigafactories are quietly revising their plans and should not open – and demand for batteries from EVs,” Jon Ferris, Delta-EE’s head of flexibility and storage instructed Energy-Storage.information when requested for extra particulars on its forecasts.

Ferris identified that the annual figures in that interval are nonetheless anticipated to be fives occasions’ greater than 2020 deployments. A part of the gulf in deployment development from 2021-23 and 2024-27 is the previous interval together with tasks postponed throughout Covid.

Europe is generally agreed to be far ahead of the US relating to getting lithium-ion battery gigafactory developments financed and launched.

South Korea’s LG Energy Answer just lately introduced it was re-assessing a US$1.3 billion funding in an Arizona, US, manufacturing facility as a consequence of ‘unprecedented’ financial situations. No such bulletins from main tasks have surfaced in Europe just lately however record-high inflation may make this extra doubtless.

Simply final week, Norwegian startup FREYR Battery announced it would go ahead with construction of the primary of a pipeline of almost 100GWh of manufacturing amenities.

Alongside the ramp-up of Europe’s home lithium-ion battery manufacturing capability, the pick-up in deployments from 2028 onwards that Delta-EE is anticipating could also be helped by different battery applied sciences.

“Options to lithium which can be much less suited to mobility (sodium, zinc, iron and many others) are prone to change into extra aggressive for stationary storage, whereas non-battery storage can be rising (from a small base),” Ferris mentioned.

He added that he anticipated movement batteries to search out aggressive niches that may contribute to the pick-up in development, however didn’t count on the provision of second life batteries to materially affect forecasts till the 2030s.

Talking on the findings extra usually, Ferris added: “Nice Britain and Germany are main the best way, however their wants may improve as renewables targets are revised upwards. As a peninsula, Spain is prone to require additional development, particularly if rising temperatures pressure the reliability of pumped hydro.”



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Intersect Power raises US$750m for renewables, storage and hydrogen

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Intersect Power raises US$750m for renewables, storage and hydrogen


Utility-scale renewables developer Intersect Energy has secured US$750 million in funding to take its portfolio of renewables, energy storage and green hydrogen initiatives past 8GW.

The expansion fairness funding will speed up the developer’s entrance in new markets and applied sciences, together with 1GW of green hydrogen manufacturing, and greater than trebling its mid-to-late stage portfolio to eight.5GWp of renewables and 8GWh of co-located storage pipeline within the US.

Its present pipeline of {solar} PV initiatives in development sits at 2.2GWp, whereas its co-located storage pipeline stands at 1.4GWh, all of which is about to be operational by 2023.

The funding was led by local weather investor TPG Rise Local weather with extra participation from present buyers Local weather Adaptive Infrastructure and Trilantic Energy Companions North America.

Intersect stated the brand new financing will allow it to proceed specializing in securing shorter offtake contracts mixed with large-scale battery storage and green hydrogen manufacturing.

As a part of the funding, Ed Beckley, Steven Mandel and Maryanne Hancock, all three representing TPG Rise Local weather will be part of Intersect Energy’s board of administrators.

In November 2021, Intersect Energy secured US$2.6 billion in financing for the development and operation of a portfolio of two.2GWdc {solar} and 1.4GWh of co-located storage initiatives in California and Texas.

Pine Gate Renewables, D.E. Shaw increase US$900 million between them

Up to now week or so, two different main fund raises have been achieved by US corporations growing utility-scale renewables, with an curiosity in {solar} PV and energy storage.

Sustainable infrastructure funding agency Generate Capital has invested US$500 million in US developer Pine Gate Renewables to help its utility-scale {solar} enlargement.

The funding will likely be divided into US$200 million in fairness funding and US$300 million in long-term asset partnership to finance {solar} initiatives. As a part of the funding, Generate Capital will be part of the board of administrators of Pine Gate.

The {solar} and energy storage developer at the moment operates greater than 1GW of renewable energy initiatives.

Furthermore, it has a pipeline of 20GW in energetic improvement throughout the US and has raised over US$1 billion in company and mission capital financing within the final six months.

Readers of Energy-Storage.information will be aware that this 12 months, Pine Gate Renewables has signed Memorandum of Understanding agreements for a number of gigawatt-hours of non-lithium energy storage applied sciences: nickel-hydrogen battery storage from startup Enervenue, and with zinc-based battery storage firm Urban Electric Power.

D.E. Shaw Renewables Investments (DESRI) has secured as much as US$400 million in new capital finance to help its US renewables technique.

The impartial energy producer has turned to funds managed by asset administration group Harbert Infrastructure for the finance, together with Gulf Pacific Energy and Harbert Infrastructure Fund VI, with all financing for use at DESRI’s discretion.

DESRI at the moment has a portfolio of renewable property totalling 6GW, comprising initiatives on the operational, beneath development and contracted phases of improvement.

The group’s investments in energy storage thus far have included a solar-plus-storage mission in California because of come on-line in 2024, for which it signed a 200MW/400MW combined power purchase agreement (PPA) with Sacramento Municipal Utility District (SMUD), Energy-Storage.information reported in March.

It’s also growing the Arroyo {Solar} and Storage mission in New Mexico, which mixes 300MWac of {solar} PV with a 150MW / 600MWh battery energy storage system (BESS) and have become Wells Fargo’s first tax equity investment into the US solar-plus-storage market late final 12 months. Arroyo will assist utility Public Service Firm of New Mexico hold serving prospects after the forthcoming closure of its San Juan Producing Station coal plant, along with other solar-plus-storage resources.

DESRI financier Harbert in the meantime is not any stranger to energy technology, having investments in energy property totalling 7GWac of technology capability.

This story first appeared as separate objects concerning Intersect, Pine Gate Renewables and DESRI on our sister website PV Tech.

DESRI piece by Liam Stoker.



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VPPs in Calif., microgrids in Nigeria, Nissan 2nd life

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VPPs in California from MCE and PG&E/Tesla

Digital energy plant (VPP) programmes are being launched in California by non-profit renewable electrical energy supplier MCE Clear Energy and investor-owned utility PG&E with Tesla.

MCE’s VPP programme will launch in 2025 within the metropolis of Richmond. It’ll see the corporate set up sensible, clear energy applied sciences in as much as 100 properties and business and industrial (C&I) websites to create a community of digitally-connected distributed energy assets (DERs).

These will embody energy storage, sensible thermostats, rooftop {solar}, warmth pump area and water heating and EV charging. MCE will use the options to shift load out of the 4-9pm peak demand hours, decreasing buyer payments in addition to pressure on the grid.

The venture has acquired US$3 million from the California Energy Fee and can also be going to make use of the Metropolis of Richmond’s Social Affect Bond.

In the meantime, PG&E and Tesla are launching a VPP programme which can combination PG&E prospects’ Powerwall dwelling energy storage methods, of which there are some 50,000.

It’ll additionally goal the 4-9pm peak demand interval together with the summer time season, working between Could 1 and October 31. Taking part Powerwall house owners might be paid US$2/kWh for exporting energy to the system. Some reserve might be saved within the items in order that householders can proceed to make use of the batteries in case of grid outages.

It’s a part of the Emergency Load Discount Program (ELRP) accredited by by the California Public Utilities Fee (CPUC) final December to assist stop blackouts throughout peak demand hours with with 2-3 GW of recent assets and incentives to scale back utilization.

It isn’t PG&E’s first foray into VPPs, with the corporate having launched a pilot aggregating 100 solar-plus-storage dwelling methods with technology providers Sunverge and LG Electronics last year. The programme mixed LG’s energy storage methods and Sunverge’s DER software program platform.

Monetary shut on colocated venture with 50MWh BESS in California

Leeward Renewable Energy has closed debt and fairness financing totalling US$121 million for a 100MW {solar} PV, 20MW/50MWh energy storage venture in Kern County, California.

Banks Wells Fargo, MUFG and Silicon Valley Financial institution are offering US$58.5 million in Green Mortgage development financing whereas J.P. Morgan is offering a US$62.5 million tax fairness funding, a type of funding additionally recently used by a renewables platform backed by private equity firm TPG.

The Rabbitbrush {Solar} Facility, which includes a 2.5 hour battery energy storage system (BESS), is predicted to start out operations in August 2022.

Energy generated by the power might be supplied to non-profit neighborhood alternative aggregators (CCAs) Central Coast Group Energy (CCCE) and Silicon Valley Clear Energy (SVCE) by means of two beforehand introduced 15-year energy buy agreements (PPAs).

Initiative to supply microgrids for 2 million Nigerians launched

Husk Energy Programs, an organization specialising in microgrids in Africa and Asia, has introduced a brand new initiative to construct 500 microgrids in Nigeria by 2026.

The “Nigeria Sunshot Initiative” goals to supply two million Nigerians with dependable, renewable energy by 2026 from solar-hybrid microgrids.

The corporate quoted authorities information saying that {solar} microgrids characterize the bottom value possibility for 8.9 million of the 19.8 million further grid connections the nation wants for common electrification. Husk stated it will probably present 5%, or 400,000, of these connections below its initiative.

The programme has the potential to take 25,000 diesel and gasoline mills offline and electrify 700 public well being clinics, 200 personal hospitals and 100 public faculties.

Husk just lately dedicated to constructing 5,000 microgrids globally by 2030 in a 2022 UN Energy Compact.

Nissan launching second life battery venture in Tennessee

Automative group Nissan is partnering with a number of Tennessee-based organisations to construct two BESS initiatives utilizing second life batteries at its headquarters within the metropolis of Franklin.

The Japanese conglomerate is partnering with non-profit energy options firms Center Tennessee Electric, Seven States Energy Company and the College of Tennessee-Oak Ridge Innovation Institute on the venture.

Battery packs type Nissan’s LEAF electric car (EV) might be used to assemble the BESS items. The packs might be assembled in modular, scalable storage methods to supply supplemental energy provide and peak demand shaving for Nissan’s amenities.

Energy-Storage.information just lately did an in-depth interview with an organization specialising in second life software BESS initiatives, UK-based Connected Energy, which you can read here.



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