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RePower EU, the European Union’s plan to transition away from dependency on Russian fossil gasoline imports has been launched in draft type, with only some brief mentions of energy storage.

The RePower EU plan has been within the making since Russia invaded Ukraine and dropped at public consideration Europe’s reliance on Russian fuel and coal. There was concern that though it requires a large progress in renewable energy era alongside energy effectivity measures and variety of energy provide, there have been no indications that energy storage is being thought-about an integral piece of EU-wide efforts.

This was evidenced in a leaked model of the plan which Energy-Storage.information noticed final week. The leaked draft included no mention of storage whatsoever, besides within the context of pure fuel and hydrogen storage.

Right now, the European Fee’s officially published draft proposal seems to have been revised to incorporate it, however clear energy advocates are unlikely to be happy on the extraordinarily transient and seemingly obscure approach it does so.

It seems at instances to conflate sure applied sciences and doesn’t embrace particular reference to batteries, pumped hydro energy storage or another type of electrical energy storage excluding green hydrogen.

Maybe probably the most optimistic of these transient mentions is that the Fee is proposing to advertise the event of electrical energy storage capacities “as being within the overriding public curiosity and facilitate allowing for his or her deployment”.  

But whereas particular targets are supplied for deployment of applied sciences like {solar} PV and hydrogen, there isn’t any such element supplied on electrical energy storage technique.

The EU’s 2022 Giant Scale Name of its Innovation Fund will make round €3 billion (US$3.16 billion) obtainable, a doubling of a beforehand set finances. Energy storage could possibly profit from this, as some funds will likely be made obtainable to cleantech producers that the doc stated consists of “progressive renewable tools, energy storage or warmth pumps for industrial makes use of”.

Innovation Fund cash can even be obtainable for progressive industrial electrification purposes and “mid-sized pilots” for validation, take a look at and optimisation of “extremely progressive options,” which once more might apply to some energy storage tech.

Elsewhere, it highlights the essential function that energy storage can play in guaranteeing safety and adaptability of provide, “by facilitating the combination of renewable era, supporting the grid, and shifting energy to the time when it’s most wanted.”

“In the end, energy storage reduces using fuel energy vegetation within the energy system,” the doc reads, nevertheless it seems to cease properly in need of providing the type of coherent technique wanted to support the massive growth in energy storage that European Union decarbonisation and energy security goals require and that has been known as for by the likes of the European Affiliation for Storage of Energy (EASE).

It stays to be seen whether or not this obvious belated recognition of the significance of energy storage will likely be mirrored within the RePower EU plan because it takes its subsequent steps in direction of adoption within the coming weeks.



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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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