Market Trends_Storage

Growth and burning concerns in German home battery sector

On March 3, 2022, explosion of a residential energy storage facility drew much attention in Southern Germany, for residential ESS carries much greater risks to people than outdoor ESS. According to statistics compiled by InfoLink, there have been at least

Storage

April 22, 2022

Referendum results underpin energy storage development in Taiwan

Four referendums failed to pass in Taiwan on December 18, 2021. This means that the Fourth Nuclear Power Plant will not be re-activated, sparking heated debates on whether Taiwan is generating enough of energy. To tackle energy issues, developing renewabl

Storage

January 3, 2022

Post Energy Taiwan 2021: Energy storage made trending topic

Taipower has raised the capacity target set for 2025 to 1 GW. Based on the existing feeder standard, registration of auction has been active since the beginning of the second half, with more than 2.2 GW under review and continues increasing. The great num

Storage

December 17, 2021

Fires raise concern over energy storage battery safety in South Korea

On April 6, 2021, a fire broke out at a solar-plus-storage facility in Hongseong-gun, Chungcheongnam-do, South Korea. This, doubled with Hyundai’s Kona Electric battery recall due to allegedly faulty cells supplied by LG, posed concerns and doubts toward

Storage

August 12, 2021

Hsinta Power Plant malfunctions accentuate importance of energy storage and inadequacy of Taiwan

Malfunctions at Hsinta Power Plant caused two nationwide power outages in Taiwan on May 13 and May 17. Grid ancillary services used to be provided by traditional coal-fired and hydropower generators, which require warm-ups or are driven by inertial force,

Storage

June 29, 2021

RE100-driven C&I energy transition provides opportunities for energy storage

Taiwan is lagging behind the world in energy storage development; however, with the government, Taipower, and major enterprises leading the way, it is still expected to see further developments in the foreseeable future.

Storage

May 21, 2021

China stepping up deployment of front-of-the-meter storage with clear policy

China’s policies indicate its increasing focuses on the development of energy storage. Presently, in addition to the central government’s supports, eleven provinces have promulgated policies related to mandatory energy storage applications.

Storage

May 20, 2021