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Dublin battery system to support the Irish power grid

Smart Energy International

In a bid to support Irish grid stability, Electricity Supply Board (ESB) has opened a major battery plant at its Poolbeg site in Dublin, which will add 75MW/150MWh of fast-acting energy storage. No electricity system can operate without a backup.

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US energy storage market installed more than 12K MWh in Q4 2023

Smart Energy International

The US energy storage market broke previous records for deployment across all segments in the final quarter of 2023, with 4,236MW/12,351MWh installed over the period. These additions bring with them critical benefits to our power grid. With a robust pipeline, the future for energy storage deployment is strong.”

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US energy storage market installed more than 12K MWh in Q4 2023

Smart Energy International

The US energy storage market broke previous records for deployment across all segments in the final quarter of 2023, with 4,236MW/12,351MWh installed over the period. These additions bring with them critical benefits to our power grid. With a robust pipeline, the future for energy storage deployment is strong.”

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Swell Readies Up To $450M in Financing for Solar-Plus-Battery Virtual Power Plants

GreenTechMedia

Swell Energy has lined up $450 million in financing to give homeowners and business owners batteries and solar systems at no upfront cost, and earn the money back by turning them into virtual power plants serving utilities’ grid needs. Ares Management Corp.

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Smart Energy Finances: Hitachi Energy acquires eks Energy

Smart Energy International

Swiss tech major Hitachi Energy has acquired eks Energy in a strategic move to add power and electronics and energy management software to their ever-growing portfolio. Hitachi Energy called the move part of its strategy to meet global demand for battery energy storage solutions.

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Smart Energy’s Power Playbook: Revving up the V2G market

Smart Energy International

In this debut of the Power Playbook, our spotlight on the finance and investment side of the energy transition, Yusuf Latief investigates how Vehicle-to-grid (V2G) tech is becoming a burgeoning market space ripe with investment opportunities. This is what has caught our eye. The rest of the process is automated.

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What’s barring consumer-side flexibility in the energy system?

Smart Energy International

Bringing out the most from flexible systems can enable a valuable entry point for consumers into the power system and support power grid management. They will be able to avoid costly price peaks by mainly consuming electricity when it is sufficiently windy or sunny.”