10 ways battery systems can help you make (or save) money

There are now dozens of potential use cases for batteries and the fact that you can ‘stack’ multiple applications within a single battery system means there are many ways you can potentially make or save money with your asset. Here are 10 of the most common options.

Energy Storage
Solar
Marine
Why lithium-ion battery storage is a great fit for shipping

Shipping poses a particular challenge from an energy transition point of view. The maritime transportation sector emits more than a billion tons of carbon dioxide a year and accounts for around 2.5% of the world’s greenhouse gas emissions a year, set to increase by up to 250% by 2050.

Unlike...

Energy Storage
Marine
The 5 ways to tell Ireland is the best battery market in the world

Ireland does not usually loom large as a major market for energy storage asset investors and owners. Compared to markets such as Australia, China or the US, its total potential is limited. 

But there are at least five reasons why, on a per-capita basis, Ireland is arguably the best battery...

Energy Storage
4 keys to winning in Spain’s world-leading push for CSP

Spain, the world leader in CSP capacity for the last decade, looks set to retain its crown with an ambitious procurement plan from next year. 

The country announced a draft Ministerial Order with an auction calendar that aims to procure a minimum of 100 MW of new CSP capacity in...

Solar
The manual that puts CSP ahead of other energy technologies

CSP, like most sources of energy, has been subject to its fair share of scientific studies and research papers. There’s a large body of research covering everything from solar fields to heat transfer fluids. But a CSP study published in June was something out of the ordinary. 

Titled Concentrating Solar...

Solar
Pacific Green Acquires Battery Energy Storage System Design Company Innoergy Limited

Pacific Green announces that it has acquired Innoergy Limited, a designer of battery energy storage systems whose clients include Osaka Gas Co. Ltd, in Japan, and Limejump Limited (“Limejump”), a subsidiary of Royal Dutch Shell plc.  The acquisition marks PGTK’s entry into the battery energy storage system market in conjunction...

Press
Energy Storage
Energy storage: where lithium-ion fits in

Energy storage is headed for prime time as western nations emerge from coronavirus lockdowns and set about creating financial stimulus packages to revive flagging economies. 

COVID-19 has not only laid bare the need for more sustainable economic foundations to support public healthcare services but also seemingly sounded a death knell...

Energy Storage
Hydrogen
Strategies to power desalination with solar technology

Desalination of seawater is becoming essential as demand for freshwater expands well beyond the capacity of current reserves to sustain it. But on its own, desalination threatens to help feed the catastrophic climate change that is helping to accelerate water scarcity around the globe. 

Desalination is notoriously energy intensive, and...

Solar
Water