Energy Storage

Affordable, efficient power storage is a key enabler for the transition to low-carbon energy systems. Looking to 2030, it is particularly striking that battery technology becomes especially more competitive, with sodium (NaS), lead acid and lithium-ion technologies leading the way.

Apr 28 – Energy arbitrage opportunities, renewable energy installations, and growing electric vehicles market are expected to drive the energy storage systems market to grow 4.4% annually. It is estimated to expand from $12.89 billion in 2015 to $15.96 Billion by 2020, according to MarketsandMarkets analysis.

Apr 15 – E.ON has started to sell its Aura electricity storage system in Germany. With a storage capacity of 4.4 kilowatt-hours, E.ON Aura can meet the entire electricity needs of a three- to four-person family during the evening and night hours. The system can increase a home’s energy self-sufficiency rate from about one third to around 70%.

Affordable, efficient power storage has been singled out at the World Economic Forum as the Holy Grail in the transition to a low-carbon energy system. With the many new technologies in the pipeline, storage costs of electricity are estimated to fall by as much as 70% over the next 15 years.

Dec 18 - Technology and power firms Samsung and E.ON are to collaborate to develop new means of profitable energy storage for grid stabilization applications.

The new partnership will initially focus on four key markets of Germany, the UK, the Czech Republic and the U.S.  

Once battery storage is economically viable in the US in 3 to 5 years, gas-fired peaking power plants are at risk of losing out. Costs of battery plunged and already now high-volume customers can already purchase battery packs for energy storage for just over $250/kWh - a quarter of 2012 prices.

U.S. energy firm General Electric (GE) has announced a deal with back-up power provider Coachella Energy Storage Partners (CESP) to provide a 30 MW battery system, which will be used in conjunction with adjacent gas power capacity.

Aug 18 – RWE has officially launched its power-to-gas energy storage system in Ibbenbüren, North Rhine Westphalia. Test results of the PEM electrolyser system, delivered by ITM Power, measured an overall energy efficiency of 86%.

To test its smart battery energy storage system (BESS) in real conditions, the Alstom-Saft consortium has installed and commissioned it at the EDF's Concept Grid Lab. The 1 MW per 30 minutes BESS will help with frequency regulation in mainland France to stabilise the grid.

Many are questioning if the century-old model of utilities selling kilowatt-hours still makes sense. At today's opening of PowerGen-Europe, Maria van der Hoeven, executive director of the IEA underlined that "the future lies in flexible backup capacity, decentralised generation and storage technologies."

Apr 30 – Tucson Electric Power has issued a request for proposals (RFP), seeking a project partner to build and own a 10 MW energy storage facility under a 10-year agreement. "We're looking for cost-effective, proven energy storage systems that will help us integrate renewable energy into our electric grid," TEP senior director Carmine Tilghman said, adding the company plans to slash its coal power capacity by 30% and step up the use of solar and gas generation.

Apr 30 - Australian power provider AusNet Services is implementing an ABB hybrid power storage, diesel generation and grid stabilisation system to enhance the management of peak electricity demand in the state of Victoria. At full power, the 1 MW pilot system will automatically provide additional power for the 22 kV distribution network during periods of peak demand.
AusNet Services provides gas and electricity to 1.3 million homes and businesses in Victoria – home to 5.8 million people.

Apr 17 – In California's central valley, Con Edison Development (CED) will install an 8 MWh battery energy storage, able to provide 2 MW of electricity over a four hour period. The GE storage solution will be utilising Mark VIe-based plant control, Brilliance MW Inverters, and packaged lithium ion batteries.

Mar 27 – Scottish and Southern Energy (SSE) has identified that the costs of operating, maintaining and upgrading the older withdrawal plant at its Hornsea gas story facility are not currently supported by market returns. Hence, it decided to mothball 33% of the withdrawal capacity of the site (6 mcm/d) with effect from 1 May 2015. 
SSE has an interest in two gas storage facilities in East Yorkshire, namely in Hornsea and Aldbrough, with the latter being partly owned by Norway's Statoil.

Direct Carbon Fuel Cells (DCFC) are getting into focus as new method of generating 'clean electricity' from fossil fuel sources, potentially providing effective means of power storage to help stabilise the grid.

Page 17 of 20

News in Brief

FlatFish drone inspects Shell fields off Brazil

May 25 – Shell and Petrobras have contracted Saipem to use its FlatFish subsea drone in pilot projects to inspect two ultra-deepwater oil and gas fields offshore Brazil in over 2,000-meter depth. Initial tests will be carried out at Saipem’s base in Trieste, Italy, with a view to deploying the drone to Brazilian waters in the third quarter of 2022.

Gazprom cuts off supplies to Finland

May 24 – Gazprom has completely suspended gas supplies to Gasum after the Finish company refused to pay in roubles, the two companies said in separate statements. Gasum is confident it will be able to supply all its customers with gas imported through the Balticconnector (2.6 Bcm/y) from Estonia.

Heisco wins tender in Kuwait

May 23 – Heavy Engineering Industries and Shipbuilding Company (Heisco) has won a KD1.8 million ($6.4 million) tender – floated by the energy ministry of Kuwait – to install, examine and test four high voltage transformers at the Doha East Power Generation and Water Distillation Station. Heisco, founded in 1974 and listed on the Kuwait Stock Exchange, has developed into one of the largest energy engineering groups in the emirate.

JERA issues bond to finance power plant upgrades

May 20 – Japan’s leading LNG importer and power producer JERA has issued its first energy transition bond to help finance the accelerated deployment of decarbonisation technologies like hydrogen and ammonia co-firing, as well as the decommissioning of older thermal power stations. The bond is offered in two tranches: a 12 billion yen ($83 million) for a 5-year bond with a 0.420% per annum coupon, and a 8 billion yen $62 million) for a 10-year bond with a 0.664% rate coupon.

Rolls-Royce conducts laser field tests in the US

May 18 – Rolls-Royce has successfully conducted laser field tests to demonstrate ‘deep magazine’ power capability for directed applications in connection with Lockheed Martin’s layered laser defense project. Deep magazine power can be provided by a battery-only system, but the Rolls-Royce ColdFire system includes both battery-powered and near-continuous firing modes provided by M250 gas turbine engines.

Gas vs oil ratio increases in the Bakken

May 17 – The ratio of natural gas to crude oil production has risen in North Dakota’s Bakken region since 2008, and continues to accelerate. According to the US Energy Information Administration's (EIA) Drilling Productivity Report, annual gas gross withdrawals in the Bakken increased by 9% to an annual high of 2.97 Bcf/d in 2021, even though the region’s crude oil production fell by 6%.

Middle East shifts to gas power

May 16 – The Middle East, a region vulnerable to climate change, is undergoing a major shift from petroleum-based power plants towards gas-fired generation and renewable power sources. Capacity additions of over 185.46 GW are the pipeline, according to ResearchandMarkets, as the regions electricity demand for industry and residential cooling is set to grow. In fact, cooling already accounts for 70% of residential power demand.

Carbon utilisation in strong demand

May 13 – The market for carbon utilisation is forecast to grow rapidly from the 2030s onwards to surpass $285 billion by 2042, driven by rising climate commitments and a favourable regulatory framework. In its latest report IDTechEx also highlights the role of technology advances such as thermodynamics which help sequester CO2 permanently.

MTU gensets approved for biofuels

May 12 – Rolls-Royce has gained approval to use synthetic fuels in its MTU Series 4000 and Series 1600 diesel engines for power generation application. Field testing confirmed both engines can use a range of sustainable fuels including biomass-to-liquid, hydrotreated vegetable oil and power-to-liquid fuels such as e-diesel.

E.ON tells Germans how to save gas

May 11 – A large-scale switch to heat pumps, solar power and better demand-side management could help save Germany nearly 100 TWh of natural gas per year, E.ON has said, calling on households to contribute to Europe’s efforts to reduce reliance on Russian gas imports. “If 10% of the homes in Germany are equipped with solar PV installations, 20% of gas boilers are replaced by heat pumps, and the average temperature in all households is reduced by one degree Celsius on average, this would lead to natural gas savings of 103 TWh per year," E.ON Energy CEO Filip Thon said, noting this volume would equate to about 30% of Germany’s current gas imports from Russia.

Exelon Q1 earnings lower following Constellation cave-out

May 10 – Exelon has reported lower first quarter earnings and a higher operating revenue, having completed the separation of Constellation Energy – Excelon’s former power gen business. Focussing now solely on transmission and distribution, Exelon’s net income from continuing operations for the first quarter of 2022 decreased to $0.49 per share from $0.53 a share in pre-year period. In contrast, adjusted operating earnings notched up to $0.64 per share, primarily due to due to higher electric distribution earnings at ComEd from higher rate base and higher allowed electric distribution. Rate increases at Excelon’s group companies PECO, BGE, and PHI were partially offset by higher depreciation expenses at BGE and PHI.

South Africa to add 2.6 GW of new capacity

May 9 – South Africa’s Department of Mineral Resources and Energy, has just announced the REIPPPP BW6 Request for Proposals (RFP).  The bid round will add 2,600 MWs of new capacity to the energy mix. The ministry seeks to procure 11,813 MW of electricity from various power sources including renewable energy, storage, gas and coal.

GE Gas Power authorized as CVE Numbering Authority

May 6 – GE Gas Power’s increased focus on cybersecurity has been recognized by the Common Vulnerability and Exposures Programm as a ‘CVE Numbering Authority (CNA).  As such, GE Gas Power can now assign CVE identification numbers to newly discovered vulnerabilities potentially related to its products and allow GE Gas Power to directly publish new CVE Records and streamline the reporting process.

Heliogen gets nearly $90m in funding

May 5 – Heliogen has moved from design into testing and implementation of its supercritical CO2 power gen system that will be deployed for Woodside in California. The system consists of a 5 MWe sCO2 power block integrated with high temperature solid media thermal energy storage. The demonstration project is being funded with up to $50 million from Woodside, along with $39 million from the U.S. Department of Energy (DoE).

Capstone to install microturbine in the Caribbean

May 4 – E-Finity Distributed Generation, Capstone's distributor for the Mid-Atlantic, Southeastern United States and the Caribbean, has secured an order for two C1000S microturbines for a government water authority in the Caribbean. The 2 MW system will provide emergency standby power to several pumping stations throughout the remote island community and is scheduled to be commissioned towards the end of 2022.

Forecasting solar and energy storage in CAISO

May 3 – Marubeni has chosen Veritone’s AI-based distributed energy resource management solution (iDERMS) to provide price, demand and generation forecasts at their pilot project in the California Independent System Operator (CAISO) SP-15 region. In addition to day-ahead and real-time generation figures, Veritone will also forecast production and demand for the overall CAISO region.

Forecasting solar and energy storage in CAISO

May 2 – Marubeni has chosen Veritone’s AI-based distributed energy resource management solution (iDERMS) to provide price, demand and generation forecasts at their pilot project in the California Independent System Operator (CAISO) SP-15 region. In addition to day-ahead and real-time generation figures, Veritone will also forecast production and demand for the overall CAISO region.