Our view on the latest developments in energy storage.
Oct 12, 2017: Article updated to include a reference to CSP with storage The global market for stationary battery energy storage is set to experience tremendous growth by 2025 of about 30 times its current size. This is expected to come mainly from the “usual...
Apricum Partner Florian Mayr and head of Apricum's energy storage practice presented a webinar for Intersolar Middle East on Wednesday September 13, 2017 entitled "Is MENA the next hot market for energy storage?" The webinar discussed key questions such as: What is...
Germany’s Secondary Control Reserve (SCR) market has attracted significant interest from many energy storage players in the past. Requiring minimum energy capacities of at least four hours and energy delivery for even longer periods, the SCR market particularly...
Through our day-to-day work around the globe, Apricum has gained deep insights about the dynamics of the energy storage markets and what it takes to be successful not only today, but also in a few years from now. Driven by the specific market characteristics, we...
In this interview, we speak with Florian Mayr, partner and head of the energy storage practice at Apricum – The Cleantech Advisory, to get an orientation of the MENA region’s potential for energy storage, necessary market drivers and a few examples of existing storage...
In the second of a two-part series on opportunities in battery energy storage in Europe, Apricum Partner Florian Mayr and Senior Consultant Dr. Hendrik Kienert discuss the key drivers, challenges and outlook for today’s main use cases in the UK and Italy. Together...
Berlin, December 08, 2016: Apricum – The Cleantech Advisory, recently facilitated a strategic investment by Statoil Energy Ventures for its client Convergent Energy + Power, a market-leading energy storage asset developer. The Statoil partnership will support...
In the first of a two-part series on opportunities in battery energy storage in Europe, Apricum Partner Florian Mayr discusses the key drivers, challenges and outlook for today’s main use cases in Germany – residential storage and the primary control reserve market.
Berlin, November 01, 2016: Apricum – The Cleantech Advisory, acting for its client Convergent Energy and Power LP, successfully brings in Swiss investor SUSI Partners to a 12 MW portfolio of energy storage projects from Convergent, breaking new ground for project...
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.