This article discusses the growing energy storage market in Australia. It notes that while energy storage technologies are currently too expensive to be widely adopted, costs are expected to fall significantly in the coming years as new products enter the market. Energy storage could allow solar customers to store excess solar energy for later use, reducing electricity bills. The CEO of the Energy Storage Council expects mainstream adoption of domestic energy storage in Australia as early as 2018, much sooner than many predict. Standards will need to adapt to new battery technologies to ensure safety and reliability as the market develops.
Electrical Energy Storage: An Issue for Consumers and Power Players 2Lately, ...Aidan Vosz
Lately, we are burdened by a few things electricity: The rising costs of our household power rates, electrical hazards and how to avoid it, alternative to electrical energy for our use, energy shortage and outages. At least these are the issues we ordinary citizens face. However, if you ask the electrical utility companies, these issues are secondary concerns compared to the one they are tackling right now: The issue of electrical energy storage.
Overview introduction of LST Energy Co. and its Electronic Enhancement of Sol...Erik Fulkerson
We invent, innovate, and commercialize technologies to repower our world with clean advanced energy.
The attached pdf is an overview introduction of LST Energy Co. and its Electronic Enhancement of Solar Cells (EESC) innovative tecnology overview keynote pdf version
Given the Cap and Trade mechanism in place, there are additional opportunities to provide further incentives to meet carbon goals. Many financial institutions have mandates to achieve a zero footprint. The following proposal was made in 2009 to the Bank of Montreal: As a strategic maneuver to increase market share and advance its sustainability commitment, design a program to exchange low-interest rate financial products to collect the environmental attributes from the residential, commercial and institutional photovoltaic installations. If and when aggregated, the environmental attributes (carbon credits) would be of better use given than many residential, commercial and institutional are incapable of benefiting from the cap and trade program.
The presentation provides a review of the performance of installations to suggest the commercial and institutional market potential in Canada. A brief review of US Green Financial Products was also included as suggested approaches. Note that many new products/programs have been introduced since 2009. The prospect of releasing the environmental attributes to further incentivize Ontario's carbon goals is worth reviewing.
Electrical Energy Storage: An Issue for Consumers and Power Players 2Lately, ...Aidan Vosz
Lately, we are burdened by a few things electricity: The rising costs of our household power rates, electrical hazards and how to avoid it, alternative to electrical energy for our use, energy shortage and outages. At least these are the issues we ordinary citizens face. However, if you ask the electrical utility companies, these issues are secondary concerns compared to the one they are tackling right now: The issue of electrical energy storage.
Overview introduction of LST Energy Co. and its Electronic Enhancement of Sol...Erik Fulkerson
We invent, innovate, and commercialize technologies to repower our world with clean advanced energy.
The attached pdf is an overview introduction of LST Energy Co. and its Electronic Enhancement of Solar Cells (EESC) innovative tecnology overview keynote pdf version
Given the Cap and Trade mechanism in place, there are additional opportunities to provide further incentives to meet carbon goals. Many financial institutions have mandates to achieve a zero footprint. The following proposal was made in 2009 to the Bank of Montreal: As a strategic maneuver to increase market share and advance its sustainability commitment, design a program to exchange low-interest rate financial products to collect the environmental attributes from the residential, commercial and institutional photovoltaic installations. If and when aggregated, the environmental attributes (carbon credits) would be of better use given than many residential, commercial and institutional are incapable of benefiting from the cap and trade program.
The presentation provides a review of the performance of installations to suggest the commercial and institutional market potential in Canada. A brief review of US Green Financial Products was also included as suggested approaches. Note that many new products/programs have been introduced since 2009. The prospect of releasing the environmental attributes to further incentivize Ontario's carbon goals is worth reviewing.
Andrew Keith, Senior Environmental Scientist at HECO, discusses the current state of residential photovoltaics in Hawaii, drawing on 15 years of using PV on his home. Slides from the REIS seminar series at the University of Hawaii at Manoa on 2009-11-05.
November 21, 2013 | Next Steps: Financing solar for your business | James Ton...Fresh Energy
For many businesses and property owners, the high upfront cost of solar photovoltaic systems remains the single largest barrier to adoption. The solution? Solar financing. Fresh Energy’s solar financing event, the final installment of a three-part Solar Opportunities Series, will introduce participants to the range of current and emerging solar-financing options available in Minnesota. Learn more at fresh-energy.org/solarseries.
Rooftop solar helps you reduce operating expenses for your business. You can reduce your power bill by 50-75% with solar power. Solar pays back by: 1.Producing energy from sunlight; 2.Cash incentives (SRECs and smart inverter incentive) worth 35-90% of the project; 3.Tax incentives (ITC - Investment Tax Credit; 30%); and 4.Accelerated depreciation (20-23%).
Solar Magazine | Malaysia Solar Energy Profile: A Global Solar Manufacturing ...Solar Magazine
Malaysia Solar Energy Profile discusses the current states of different solar market segments in Malaysia, restrictions on participation, impacts of the net energy metering (NEM) scheme on solar projects deployments, etc.
Guarantees of Origin webinar Leonardo Energy 13 November 2017Dirk Van Evercooren
This is the presentation I used in a webinar for Leonardo Energy on 13 November 2017. It's about how Guarantees of Origin work and how they make green energy contracts reliable. Corporate electricity consumers now adopt sustainability strategies, choosing only electricity from renewable sources. Some go further and engage in Renewable Power Purchasing Agreements. In both cases, Guarantees of Origin are instrumental.
Solarize Connecticut (Solarize CT) is a pilot program designed to encourage the adoption of residential solar photovoltaic (PV) systems by deploying a coordinated education, marketing and outreach effort, combined with a tiered pricing structure that provides increased savings to homeowners as more people in one community go solar.
In this section, we look at one of the most important applications of New Energy science, which is the production of clean, cheap, virtually limitless electricity from Zero Point Energy. Far superior to fossil fuels, nuclear fission, solar, wind, and biomass, electricity from ZPE is going to revolutionize our world.
This Independent Review into the Future Security of the National Electricity Market Preliminary Report identifies the complex forces driving a rapid transition across the electricity sector. It seeks input on key questions to navigate the transition in line with consumer expectations for a secure and reliable service, at an affordable price, that delivers on our national emissions reduction commitments.
Dr Finkel and the Panel welcome submissions responding to the Preliminary Report. The submission period is open until 21 February 2017.
Andrew Keith, Senior Environmental Scientist at HECO, discusses the current state of residential photovoltaics in Hawaii, drawing on 15 years of using PV on his home. Slides from the REIS seminar series at the University of Hawaii at Manoa on 2009-11-05.
November 21, 2013 | Next Steps: Financing solar for your business | James Ton...Fresh Energy
For many businesses and property owners, the high upfront cost of solar photovoltaic systems remains the single largest barrier to adoption. The solution? Solar financing. Fresh Energy’s solar financing event, the final installment of a three-part Solar Opportunities Series, will introduce participants to the range of current and emerging solar-financing options available in Minnesota. Learn more at fresh-energy.org/solarseries.
Rooftop solar helps you reduce operating expenses for your business. You can reduce your power bill by 50-75% with solar power. Solar pays back by: 1.Producing energy from sunlight; 2.Cash incentives (SRECs and smart inverter incentive) worth 35-90% of the project; 3.Tax incentives (ITC - Investment Tax Credit; 30%); and 4.Accelerated depreciation (20-23%).
Solar Magazine | Malaysia Solar Energy Profile: A Global Solar Manufacturing ...Solar Magazine
Malaysia Solar Energy Profile discusses the current states of different solar market segments in Malaysia, restrictions on participation, impacts of the net energy metering (NEM) scheme on solar projects deployments, etc.
Guarantees of Origin webinar Leonardo Energy 13 November 2017Dirk Van Evercooren
This is the presentation I used in a webinar for Leonardo Energy on 13 November 2017. It's about how Guarantees of Origin work and how they make green energy contracts reliable. Corporate electricity consumers now adopt sustainability strategies, choosing only electricity from renewable sources. Some go further and engage in Renewable Power Purchasing Agreements. In both cases, Guarantees of Origin are instrumental.
Solarize Connecticut (Solarize CT) is a pilot program designed to encourage the adoption of residential solar photovoltaic (PV) systems by deploying a coordinated education, marketing and outreach effort, combined with a tiered pricing structure that provides increased savings to homeowners as more people in one community go solar.
In this section, we look at one of the most important applications of New Energy science, which is the production of clean, cheap, virtually limitless electricity from Zero Point Energy. Far superior to fossil fuels, nuclear fission, solar, wind, and biomass, electricity from ZPE is going to revolutionize our world.
This Independent Review into the Future Security of the National Electricity Market Preliminary Report identifies the complex forces driving a rapid transition across the electricity sector. It seeks input on key questions to navigate the transition in line with consumer expectations for a secure and reliable service, at an affordable price, that delivers on our national emissions reduction commitments.
Dr Finkel and the Panel welcome submissions responding to the Preliminary Report. The submission period is open until 21 February 2017.
New solid-state batteries offer safer, higher performance than existing options and become viable options for use across multiple sectors. Competitive pricing and proactive policymaking accelerate global uptake.
This foresight is part of the World in 2030 project exploring the key global shifts for the next decade - https://www.futureagenda.org/the-world-in-2030/
Battery development has become a priority area for a broadening range of companies in recent years. Significant investment is underway as a number of new technologies compete for fast-growing markets. Five years ago, we identified that energy storage was the missing piece of the renewables jigsaw: “If solved, it can enable truly distributed solar energy as well as accelerate the electrification of the transport industry.” Today, as economies focus on faster decarbonisation and increasing electrification, particularly in transportation, the speed of new battery development has become a central issue for many researchers, policy makers, investors and companies.
Why is this? If we can get significantly more energy from a lighter, more compact, but affordable battery then the implications are enormous. Not only will this accelerate the adoption of electric vehicles by extending their range and providing a cheap way to store renewable, particularly low cost solar, energy, but it will also release a host of new developments in other areas from wearable electronics to electric planes, drones and scooters.
Given the demand for high performing batteries is building, it is hardly surprising that there is as much focus today on creating the batteries of tomorrow as there was when the first rechargeable battery was invented 160 years ago: according to a USPTO search in the past decade or so over 200,000 battery related patents have been issued. The rush to deliver the next generation technology is bringing together a host of new partnerships and foremost in many discussions is the potential impact of solid-state batteries. Within the next decade these could become the catalysts for substantial and lasting change across many sectors.
Groundbreaking Multi-Input Power System, mobile solar power systems, batterie...Vision Energy Solutions
Green NRG Co’s Catalogue, in collaboration with MPS manufacturing company NEXTGEN NRG, features information about the business, its values, experience and projects, and the entire range of innovative, renewable energy products. Read about the groundbreaking Multi-Input Power System, mobile solar power systems, batteries, wind turbines, solar appliances and more.
Daymark Energy Advisors Principal Consultant Stan Faryniarz spoke on energy storage technologies as part of the session "Storage Project & Policy Successes: Enhancing Renewables Integration & Resilience" at The 2016 Renewable Energy Vermont (REV 2016) Conference.
Battery storage: The next disruptive technology in the power sectorCluster TWEED
Storage prices are dropping much faster than anyone expected, due to the growing market for consumer electronics and demand for electric vehicles (EVs). Major players in Asia, Europe, and the United States are all scaling up lithium-ion manufacturing to serve EV and other power applications. No surprise, then, that battery-pack costs are down to less than $230 per kilowatt-hour in 2016, compared with almost $1,000 per kilowatt-hour in 2010.
Georgia Southeastern Solar Summit KeynoteBill Nussey
How Georgia Can Help Lead the Global Energy Transformation by Bill Nussey, presented at the 10th anniversary of the Southeastern Solar Summit in October 2018
University of Leeds || Dr Stephen Hall || Valuing Energy FuturesScience: Disrupt
Dr Stephen Hall of the University of Leeds joins us at the Science: Disrupt London Session on Future Energy, to talk about how business models of energy supply markets shape energy transitions.
Your Power, Solar Power: Demand and Opportunity, Energy at Home, The Pelican,...The Future Economy Network
Kerry Burns, Commercial Director of Your Power, talks about the importance of solar power, the demand and market for solar as well as examples of recent installations.
How To Apply Energy Storage Technologies In Commercial And Industrial Applica...Davide Bonomi
This presentation was presented at the masterclass session during 11th Energy Storage World Forum in 2018, Berlin.
How To Apply Energy Storage Technologies In Commercial And Industrial Applications – by ENEA explains two reasons why facilities should be interested in storage projects:
1. Market & value for C&I energy storage is finally booming in numerous locations
2. Startups and large utilities now compete to provide C&I facilities with turnkey solutions
If you’d like to get a deep industry insights and learn in person from energy storage professionals, join our next masterclass at https://energystorageforum.com/register
Island Power Generation and Demand Side Purchasing and Selling
EC-3-2015 Solar Storage
1. 2 2 E LE C T R I C AL C O N N E C T I O N S P R I N G 2 01 5
COVER STORY
Assault of the battery
E
nergy storage has been hailed
by many as a game-changer for
the power industry – touted to
do to the energy market what Web 2.0
did to media consumption. And while
the technologies on the market today
aren’t sufficiently advanced to make it an
economically viable option for most, it may
only a matter of time before the energy
market landscape changes forever.
John Grimes is chief executive of the
Energy Storage Council (ESC) and the
Australian Solar Council (ASC) and has
seen a dramatic increase in focus on the
energy storage issue over the past three
years. While the market in Australia remains
embryonic, John has seen a particularly
strong pull towards on-grid energy storage
in conjunction with solar, and a steep overall
rise in market awareness and consumer
interest in the emergent technologies.
“One of the big spin-offs of the billions of
dollars that has been ploughed into electric
vehicle research in places like China and
the US has been energy dense, compact
and relatively inexpensive batteries. Most
developers are using lithium-ion technology
– the same as in mobile phones, laptops and
many power tools – so people are pretty
familiar with that kind of battery. These have
been scaled up to be used in domestic or
small business applications.
“There are a range of products available
now that look like anything from a mini
bar fridge through to a full height fridge
that will store anywhere between 1kWh to
10kWh of electricity,” John says.
This gives solar customers the ability to
store energy acquired in peak generation
times that would otherwise be exported,
for little or no return, back to the grid. They
can then use this energy when it is needed
and reduce tariffs paid to utilities, or avoid
them altogether.
“People are increasingly looking for
energy storage sufficient to capture energy
production mid-afternoon and use it when
they get home in the evening. So it’s about
time shifting from when the energy is
produced to when the customer actually
needs the energy in their house.”
The problem with the storage solutions
currently on the market is that prices are
prohibitively high if any economic gains are
to be made by the process.
“Today there are solutions available to
buy that will cost you the equivalent of
about 30c/kWh. That’s still a bit high for
most of us because grid electricity sells
for around 25-28c/kWh on average. But
in some parts of regional Australia people
are paying energy rates upwards of 42c/
kWh so in those cases it’s already a viable
money saving solution,” John says.
However, technologies are evolving
rapidly and several new products that
could significantly reduce storage costs are
poised for imminent release.
“I’m aware of three companies that are
coming to market this year with solutions
that will be significantly cheaper. Once
you have a battery storage solution that
delivers you energy at a cost less than you
can buy it from the grid it starts to get
really interesting and will open up a lot of
market applications.”
Tesla’s Powerwall unit, due to hit the
market towards the end of the year, is already
available for pre-order and is reportedly
experiencing overwhelming demand. The
sleek, wall-mounted Powerwall units will
be available in 7kWh and 10kWh sizes with
the ability to ‘stack’ up to nine units to fulfil a
range of energy requirements.
German company Daimler AG is
also primed to enter the market with
Mercedes-Benz branded, scalable lithium-
ion batteries. And Panasonic is currently
conducting Australian tests on an 8kWh
unit the company estimates will double a
household’s self-consumption.
“According to research done by the
Rocky Mountain Institute, places like
The way we provide and
consume energy is destined to
undergo a paradigm shift – and
maybe much sooner than we
think. Jacob Harris explains.
This article has been reproduced with permission from ELECTRICAL Connection magazine, SPRING 2015.
Connection Magazines does not endorse any manufacturer, product or service nor does it provide any assurances of product or service performance.
ELECTRICAL Connection
2. w w w.e l e c t r i c a l c o n n e c t i o n .c o m . a u 2 3
Hawaii will see mainstream adoption of
the technology as early as 2018. Australian
conditions are actually very similar – our
energy prices are some of the highest in
the world – so it’s not unreasonable to
assume Australia will be operating on a
similar time frame,” John says.
“That will shock many people because
there seems to be a pervading view that
energy storage is still five to 10 years away,
but that’s just not the case. I joined the solar
industry in 2008 when there were 22MW
of installed solar in Australia now there’s
4GW. So rapid change is something we’ve
seen before in the industry and I think the
conditions are similar for energy storage as
they were for solar.”
As is often the case with rapidly
developing technologies, Australian
standards – that were written around lead
acid batteries – are going to have to play
some pretty serious catch up. To this end,
Standards Australia recently announced
that it is forming a working group to
update the standards in relation to energy
storage. The ESC will be part of that process
and sit on the committee.
“We want long term, safe, reliable,
high quality energy storage solutions for
Australia. We don’t want to see systems
that are half baked come into the market
and cause injury or damage. It would
be really bad for an industry like energy
storage so making sure that what we do
at this early stage is world’s best practice is
what we should be aspiring to.
“We also need to engage in a positive way
with utilities. We need to understand the
technical issues that they face and how the
application of energy storage can help them
deliver against their mandate. We don’t want
to set up a situation where it’s us or them,
where the utilities block out energy storage
because they’re fearful that it’s actually
taking market share away from them. So
engaging in a positive way with the utilities
and the regulators is really important for our
industry and that’s the other primary focus
of our work at the moment.”
Such is the opportunity presented
by power storage technology, Electrical
Connection will continue to investigate the
storage sector and profile any advances to
the technology on offer.
> Energy Storage Council
www.energystorage.org.au
Switches designed with
more than decor in mind…
Thermofilm Australia Pty Ltd, 27 Rosalie St, Springvale, Victoria, Australia.
Tel: 03 9562 3455 Fax: 03 9548 3979 Email: sales@thermofilm.com.au Web: www.envirotouch.com.au
No longer worry about leaving
lights and electrical appliances
ON, wasting electricity & money!
Introducing the new Envirotouch range of
timer based, energy saving switches and GPO’s.
This smart yet simple point-of-use switch
comes with 4 pre-set timer options (15, 45, 60 &
120 minutes ) so you can safely set and forget!
Ideal for lights, fans, hair straighteners,
heaters and most small electrical and
cooking appliances.
Elegant and subtle to blend with any
decor, interior or exterior designs.
Ideal for new builds or retrofits.
Residential & commercial.
4 models - single & double light switch,
10 amp GPO & heated towel rail option.
This article has been reproduced with permission from ELECTRICAL Connection magazine, SPRING 2015.
Connection Magazines does not endorse any manufacturer, product or service nor does it provide any assurances of product or service performance.
ELECTRICAL Connection