Energy Storage

A sharp fall in costs for battery storage systems is set to create a global market of up to 240 GW by 2030, according to the consultancy Citi Global Perspectives and Solutions (Citi GPS). Analysts suggest that costs could fall to just $150/MWh in the next fifteen years, eliminating subsidies.

The UK capacity auctions, held in December last year, have drawn criticism from energy storage developers as a missed opportunity to support new storage technologies. The government secured 49.26 GW of capacity at a clearing price of £19.40/kW but despite initial promises many energy storage plants were unable to bid.

South African authorities have approved plans by Saudi power plant developer ACWA Power and renewable consortium SolarReserve to develop a 100 MW solar thermal project in the country along with cutting edge molten salt energy storage technology.

Energy storage is out competing backup gas power to provide peaking power in some markets within California. A total of 264 MW was selected by utility Southern California Edison (SCE) in recent tenders as strict air-pollution controls make gas peaking plants more expensive than batteries in some cases.

Nov 11 – After an increase of 2,734 Bcf during the April 1 to October 31 injection season, U.S. working natural gas in storage ended October at 3,571 billion cubic feet (Bcf), according to EIA figures.
"Higher gas production means that even if this winter were as cold as last year, EIA expects that natural gas storage at the end of March 2015 will be above its March 2014 level," analysts said.

Japanese technology developer Toshiba has won a contract to supply service provider Eneres a total of 10,000 energy storage systems, each with a maximum output of 10 kW and a capacity of 9.9 kWh. The systems will be used to bolster output from independent power producers.

Oct 8 – Seeking to combine poweOct 8 – Seeking to combine power storage with rising renewable energy supply, U.S. power producer Duke Energy has added battery storage to a large wind farm in Texas. Duke's 36 MW Notrees battery storage project is America's largest battery storage project at a wind farm.r storage with rising renewable energy supply, U.S. power producer Duke Energy has added battery storage to a large wind farm in west Texas.

Conventional gas- and coal-fired power generators are seen to be the biggest losers from an upcoming energy storage boom, as both consumers and grid operators look to employ battery and other storage technologies to preserve intermittent renewable energy supply, a new HSBC report finds.

Sept 8 – ABB and China's BYD have entered a strategic collaboration to develop new solutions for energy storage, used to backstop the fast ramp up of renewables with energy storage in off-grid and on-grid solutions.

ABB's products and technology for grid storage, electric vehicle charging and integrated marine systems, combined with BYD's knowledge in battery technology, "can broadly address worldwide energy storage requirements," the companies said.

Modelling from the Technical Research Centre of Finland (VTT) suggests large scale power storage utilising gas may soon be a reality. ”First prototypes will be available in 12 months from now with industrial implementation in 24 to 26 months,” Gas to Power Journal was told.

Operator WEMAG plans to start operations of a 5-megawatt battery-based energy storage in Schwerin, northeast Germany, this autumn with a view to earning money with the balancing of grid fluctuations.

New electrolysis stack technology from Canadian developer Hydrogenics offers a megawatt conversion capacity of 85%, paving the way for advanced gas power energy storage. "Creating a highly efficient link between the electrical grid and the natural gas system power to gas unlocks the massive energy storage capacity which we have already built and paid for," Daryl Wilson, chief executive at Hydrogenics told Gas to Power Journal.

UK-based research firm Highview Power Storage and GE Oil & Gas have announced a licencing and technology collaboration agreement to develop large-scale liquid air energy storage (LAES) systems. The technology is “ideally suited” for gas-fired peaker power plants, according to GE who struck the partnership to explore opportunities to improve operations of existing plants through the addition of energy storage.

Feb 19 – The German government has awarded €6.5 billion for E.ON's 5-megawatt energy storage project, named M5BAT (modular multi-megawatt multi-technology medium-voltage battery storage).

Works on the power storage will start in the autumn and E.ON said it expects the facility to start operation in 2015.

The project is a unique battery storage system, E.ON said and will focus on "renewables integration, testing of distributed regulating energy provision to promote grid stability, and power price arbitrage."

Renewable gas – in the form of biogas, syngas or hydrogen – is intended to cover a 5% of Denmark's gas demand by 2020. To achieve this goal, the character of the gas pipelines transmission system needs to change from being a carrier of natural gas to becoming an energy storage system.

Page 18 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.