Market News

23
Nov

UK, Germany should push on storage, EVs – BloombergNEF

Two new reports from BloombergNEF recommend that the two northern European countries should implement policies to accelerate the adoption of energy storage and smart electric vehicle charging, while also improving demand response and interconnection to Nordic hydropower reservoirs. All of these actions are expected to further reduce fossil fuel dependence and add flexibility to their respective energy markets.

read the full article on PV Magazine: https://www.pv-magazine.com/2018/11/21/uk-germany-should-push-on-storage-evs-bloombergnef/

30
Oct

Engie launches second-life EV battery grid services

With a proof of concept, Engie and Connected Power have integrated their second-life EV storage system into the distribution system of TenneT in Rotterdam, the Netherlands.

More information on PV magazine: https://www.pv-magazine.com/2018/10/26/engie-launches-second-life-ev-battery-grid-services/

23
Oct

Irelands DS3 brings up 140MW opportunities for batteries with fast frequency response service

Irelands DS3 flexibility market will deploy the fastest-reacting batteries in the world (150-300ms)

Read the full article on energy-storage.news:

https://www.energy-storage.news/news/irelands-fast-response-grid-services-market-could-be-like-efr-on-steroids-e