Energy Storage

Italy’s state-owned utility Enel has bought the Tynemouth stand-alone battery storage project in the North East of England from Element Power for approximately 20 million euros. The construction-ready project is an “investment opportunity,” according to Enel said, as it is supported by a 4-year Enhanced Frequency Response (EFR) contract to provide grid balancing services.

The Finish technology group Wärtsilä has introducing a hybrid and standalone energy storage to the market, combined with engine-based power generation. The company stated is sees “high market potential” in areas with remote microgrids and for solar PV integration.

May 11 – Advanced energy storage systems market is estimated to be worth $15.96 billion by 2020, growing at a CAGR of 4.4% during the forecast period, according to MarketsandMarket estimates. Technologies included pumped hydro energy storage as well as battery power storage. The dominant manufacturers – such as Toshiba, ABB, Siemens, Voith, Alstom and Dominion Energy – are trying to penetrate developing economies to grab a bigger market share.

Worldwide markets for battery energy storage systems (BESS) are expected to grow exponentially due to its grid, generation, and consumer-side applications – reaching more than 14 GW by 2020, up from about 1.5 GW in 2015, according to GlobalData analysis. The United States is leading the BESS market followed by Japan, Germany and China.

April 18 – The ‘1414 Degrees prototype’ of the patented thermal energy storage system (TESS) has been built in the Tonsley Park Innovation Precinct in Adelaide. Inside the unit elements heat silica in receptacles to its melting point, 1414 degrees Celsius, where it has “a large energy capacity associated with every unit of silica,” he says. The elements require energy to get sufficiently heated up and supply spikes from renewable energy sources would fit the bill.

US gas storage capacity increased slightly in 2016, according to the US Energy Information Agency, after a couple of years of marginal falls (see chart).

The UK Government has given approval for the development of a major new gas storage and balancing facility in Cheshire.

Centrica has won approval to reduce the minimum capacity of the UK’s biggest gas storage facility to zero.

Warmer than normal weather throughout much of the United States resulted in the first recorded net natural gas injection during a week in February since weekly storage data has been collected. For the week ending February 24th, the amount of natural gas in storage in the Lower 48 states increased by 7 Bcf.

ABB has successfully commissioned Denmark’s first urban energy storage system. The Lithion-ion based battery energy storage system (BESS) will be integrated with the local electricity grid in the new harbour district of Nordhavn, Copenhagen.

Feb 8 - Italy's Enel has partnered with storage systems provider Aton Storage in order to expand its portfolio in the sector.

The deal follows agreements reached by Enel in recent months with Tesla, BYD and LG Chem.

Enel has also incorporated the Aton storage system in its commercial offering of photovoltaic panels combined with energy storage systems “which will launch shortly” it said.

ABB is to provide an “innovative” microgrid, combining battery and flywheel based storage technologies, designed to test scalability and improve power stability for around 300,000 people in Anchorage, Alaska, USA.

Italy's industry ministry has ruled strategic gas storage volumes in the country for storage year 2017-2018 should remain unchanged year on year at 4.62 billion cubic meters, or around 48,846 GWh.

Pacific Gas and Electric Company (PG&E) has successfully completed a technology demonstration project to explore the performance of battery storage systems participating in California's electricity markets.

One of the key factors that will determine the amount of gas used in power generation over future years is the cost and effectiveness of energy storage. The cheaper the storage, the more intermittent renewables will be able to be introduced to grids, and the less gas that will be required; especially in higher latitudes where solar is not available part of the year.

Page 10 of 15

News in Brief

Barclays may help fund Rolls-Royce

Sept 30 – UK’s prime engine maker Rolls-Royce is understood to be close to getting fresh financing from Barclays Bank. The Derby-based company, however, insists no final decision has been taken on the precise amount that may be raised or any allotment of shares to any investor.

Petronas to truck LNG to off-grid users

Sept 29 – Petronas Dagangan Group is gearing up to build a LNG truck delivery service for off-grid customers in Peninsular Malaysia. Trucks fitted with cryogenic tanks will bring the super-chilled fuel to remote industries and small-scale power generators with no access to the natural gas grid. Malaysia’s Peninsular Gas Utilisation (PGU) pipeline is only 2,500 kilometers in length and was initially built to export gas to Singapore.

Siemens to reduce emissions at NLNG

Sept 28 – Nigeria LNG has contracted Siemens Energy to provide a cryogenic boil-off gas (BOG) compression train for its liquefaction plant on Bonny Island. The new BOG train will be driven by an high-efficiency electric motor and includes two compressors. Manufactured in Duisburg, Germany, the equipment will be delivered in the fourth quarter of 2021.

Supercapcitors to replace batteries

Sept 25 – The global market for supercapacitors was valued at over $487 million last year and is forecast to top $1,570 millio by 2025, growing at an annual rate of 21.8%. Supercapacitor, an emerging technology for energy storage systems, can offer higher power density than batteries was may soon replace the latter.

Atos, Siemens expand digital partnership

Sept 24 – Atos, a global leader in digital transformation, has expanded its strategic partnership with Siemens AG for five years, helping the latter with data driven digital, cloud transformation and cybersecurity. The extension comes in the context of 5-year total €3 billion agreements which were separately signed with Siemens AG, Siemens Energy and Siemens Healthineers.

Rotterdam Port to store CO2 beneath the North Sea

Sept 23 – The Porthos project, a joint venture between the Port of Rotterdam Authority, Gasunie and EBN, seeks to transport CO2 from industry in the port to empty gas fields beneath the North Sea. In its early years, the Carbon Capture Utilisation and Storage (CCUS) will be able to store approximately 2.5 million tonnes of CO2 per year with plans to be operational by 2024.

German power sector to reach net zero in 2040s

Sept 22 – Revisions to Germany’s Renewable Energy Act (EEG) stipulate the power sector should become greenhouse-gas neutral in the early 2040s. Despite the gradual electrification of heating and transport, the German energy ministry is so far sticking to its estimate of 580 terawatt-hours (TWh) of power consumption in 2030 – close to current levels.

B&W to supply superheaters to Lumiant

Sept 21 – Babcock & Wilcox’s thermal segment has been contracted to design, manufacture and supply new superheater components for a high-efficiency boiler at Luminant’s Oak Grove Power Plant near Franklin, Texas. Material delivery to Oak Grove is scheduled for February 2021.

EC targets 55% emission cut by 2030

Sept 17 – The European Commission’s latest 2030 Target Plan stipulates a 55% cut in emissions by 2030, compared to 1990-levels. The lobby group COGEN Europe stressed the importance of combined heat and power generation (CHP) to reach that goal, calling for more stable policies and supportive regulation.

Rolls-Royce may sell ITP Areo

Sept 17 – Britain’s prime manufacturer Rolls-Royce confirmed it is looking to strengthen its balance sheet, possibly by disposing of ITP Aero which his hoped to generate proceeds of more than £2bn over the next 18 months. Further cost cutting is meant to deliver £1 billion and revamping of the company’s Civil Areospace business should save another £1.3 billion.

China’s GDP may grow 1.8%

Sept 16 – China’s GDP is forecast to grow 1.8% this year as the economy recovers from the Covid-19 pandemic. The government slashed electricity tariffs to support manufacturing but the Asian Development Bank (ADB) warns of mounting credit risk for banks. Fiscal revenue pressure also intensifies as 1.5% of China’s GDP growth in the first half of 2020 was based on bond-funded investment by local governments.

Zeebrugge goes for green hydrogen

Sept 15 – Colruyt Group (Eoly), Parkwind and Fluxys aim to spend up to 35 million Euros to develop a green hydrogen plant in Zeebrugge, Belgium, by 2023. The plan is to convert off-shore wind energy into green hydrogen which can then be injected in the high-pressure natural gas transmission grid.

Shale gas market to top $41bn

Sept 14 – Global markets for unconventional gas, mostly developed by shale fracking, is forecast to grow at an annual rate of 7% to reach $ 41.76 billion by 2024. According to Technavio, the Americas region will remain dominant with an 87% market share as hydraulic fracturing technologies evolve. Top players in the market are BP, Chevron, ConocoPhillips, Exxon Mobil, PetroChina, Gazprom, Shell, Santos, Saudi Arabian Oil Co., and YPF.

SNAM, Saipem join forces on hydrogen

Sept 11 – Two Italian energy companies, SNAM and Saipem, have agreed to develop initiatives for green hydrogen production and transport, as well as for carbon dioxide capture, transport and reuse or storage (CCRS). The move supports the European Commission’s Hydrogen Strategy to reach net-zero emissions by 2050.

MAN, Wasco to drive Power-to-Gas Tech in Asia

Sept 10 – MAN Energy Solutions and Wasco have signed a Memorandum of Understanding (MOU) to promote and commercialize Power-to-X (PtX) projects in South-East Asia. The technology in question converts electricity into carbon-neutral synthetic fuels, gas or liquid, for use as a clean, carbon-neutral energy source.

Romgaz, GSP to realise 200 MW gas and solar project

Sept 9 – Romania’s state gas company Romgaz has agreed to build 200 MW power generation capacity with the privately-owned Grup Servicii Petroliere (GSP) which is controlled by the local businessman Gabriel Comanescu. The project entails a 150 MW gas-fired power plant and a 50 MW solar photovoltaic park, to be built on the site of a disused coal power plant in southern Romania.

Alaska uses twice as much energy for transport as NY

Sept 8 – More energy is used per person for transportation in U.S. states with low population density. According to the U.S. Energy Information Administration’s (EIA), people in geographically large states with small populations, such as Alaska, Wyoming and North Dakota, are useing twice as much energy for transportation than the U.S. average on a per capita basis. That’s in stark contrast to states with higher population density, such as Rhode Island and New York.