Insights into the cleantech industry by Florian Mayr
While there is general consensus to use the levelized cost of energy (LCOE) for comparing different energy generation technologies, there is no such universally-adopted metric for the cost of energy storage. In this article, we will examine what parameters should be considered in the calculation of meaningful, comparable ESS costs.
With rapidly developing technology, falling costs and innovative business models, solar-plus-storage is attracting a lot of attention at the moment, and with good reason. With every industry shakeup, there comes a range of business opportunities for those who are proactive and willing to adapt.
The number of installed stationary battery energy storage systems (BESS) is growing significantly. According to recent estimates, today’s annual global market volume of about USD 1B is expected to increase more than 20 fold in less than 10 years, reaching a staggering USD 20–25B by 2024.
If you ask a random person on the street what a battery is used for, they would probably first think of the useful items keeping their laptops, smartphones and (electric) cars working. In fact, mobile devices account for the most widespread usage of batteries these days…
Off grid l Reducing the reliance on costly diesel-based power generation is high on the list of priorities for off-grid operators around the world. PV-hybrid systems alone can only go so far in meeting this need. The addition of storage can significantly alter this picture by increasing fuel savings and offsetting additional investment.
Many regions in the world today cannot be sufficiently supplied by large, central power plants and therefore depend on distributed power generation. For many years, this market has been mainly served by fossil fuel-powered gensets.
Apricum Principal Florian Mayr examines the likelihood of Russia to realize its potential in becoming a major renewable energy industry player, and finds the signs are positive. While Russia has long opted to pursue an energy policy driven by nuclear and fossil fuels,...
Vast untapped growth potential exists for wind players in the Gulf region Currently, global installed wind capacity of 283 GW (2012) is concentrated in three main regions: 38% is located in the EU, 27% in China and 21% in the U.S. While the dominant role of these...