
When Hamburger Hochbahn AG commissioned suena energy to market a stationary battery storage system at the Alsterdorf depot, the goal was to maximize revenues in the electricity and balancing power markets and to examine how battery storage could be used profitably at other sites. suena energy focused on an innovative approach: a combined multi-market strategy alternating semi-annually between front-of-the-meter (FtM) and behind-the-meter (BtM) operation, in full compliance with regulatory requirements. [pdf]

Based on cycling requirements, three applications are most suitable for second-life EV batteries: providing reserve energy capacity to maintain a utility’s power reliability at lower cost by displacing more expensive and less efficient assets (for instance, old combined-cycle gas turbines), deferring transmission and distribution investments, and taking advantage of power-arbitrage opportunities by storing renewable power for use during periods of scarcity, thus providing greater grid flexibility and firming to the grid. [pdf]

According to the data of the National Energy Administration, from the perspective of investment scale, since the "14th Five-Year Plan", the new new energy storage capacity has directly promoted economic investment of more than 100 billion yuan, driven the further expansion of the upstream and downstream of the industrial chain, and become a "new driving force" for China's economic development. [pdf]

Accordi to Embassy of the Republic of Turkey, Turkey has introduced a number of incentives and regulations to achieve its goal of 80 gigawatt-hours (GWh) of energy storage by 2030, while agreements for the energy sector to set up cell and battery factories have exceeded $1 billion (TL 35 billion) this year, an association head of the Turkish battery industry said on Dec. 23, 2024, according to the Turkish Embassy in Beijing. [pdf]
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