Dominica 2025 Energy Storage Project
Scheduled for completion in the second half of 2025, the facility, located in Laudat, a valley surrounding the capital, will harness the country’s volcanic potential, reduce dependence on fossil fuels, and provide clean and stable energy to approximately 23,000 homes, confirmed the Dominica Geothermal Development Company, a public-private partnership carrying out the project. [pdf]
Design of user-side energy storage capacity configuration scheme
Based on time-of-use electricity price in the user side, the capacity optimization model of the shared energy storage was constructed with minimizing the daily operating cost of the user group with the configuration of the shared energy storage as the objective, including the investment and operation and maintenance cost of energy storage, the electricity cost of the user side, and the service cost of the shared energy storage. [pdf]
Africa Industrial Energy Storage Cooperation Program
The initiative, jointly launched by the UNECA in partnership with the Global Energy Interconnection Development and Cooperation Organization (GEIDCO), and the Association of Power Utilities of Africa (APUA), envisages providing training on EVs and energy storage technologies for Africa's sustainable development, the UNECA disclosed in a statement issued late Wednesday. [pdf]
Companies investing in energy storage power
Significant players active in energy storage projects include: (1) Tesla, a leader in battery technology, invests significantly in storage solutions, (2) Siemens, focusing on large-scale grid storage systems, (3) NextEra Energy, which allocates resources to renewable energy storage, and (4) LG Chem, enhancing lithium-ion battery production aimed at various applications. [pdf]
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