Residential Energy Storage Forum on June 22-25, 2020 in Sydney, Australia
- Event Type: Conference
- Website URL: http://energystorageforum.com
- Contact URL: https://energystorageforum.com/contact-us
- Location: Sydney, Australia
- Date: June 22-25, 2020
- Organization: Residential Energy Storage Forum
- Conference Tags: energy energy materials renewable energy energy management energy storage energy technology solar energy electrical energy
Exploring new and innovative regulatory frameworks have long been a topic of discussion in the energy storage world – it’s a programme topic in this year’s Energy Storage World Forum. But while regulations fail to keep pace with new advances in the sector, how much is this holding back the adoption of energy storage technologies?
Lack of certainty holds back long term planning
Energy storage suffers from lack of regulatory certainty within the EU. While a number of member states – Germany and the UK especially – have made great strides in adoption levels, lack of consistency is a looming issue.
A key problem is that much regulation does not know where energy storage systems should be classed – when treated as a generation asset, this prohibits DNOs from owning or operating them. It also opens storage operators to being charged twice, for both charging and discharging.
The lack of clear regulatory frameworks makes long-term revenue forecasting a difficult affair for developers and keeps investors and financiers cautious.
The momentum of the energy storage market
While these regulatory conditions are not ideal for energy storage developers, the sector continues to grow as the technology matures and financing becomes easier to procure. Capital expenditure costs are falling and new avenues to market are opening, with grid ancillary services being the primary target for new developers. The UK’s National Grid have signalled that large changes to the grid-balancing services market are to come, further expanding energy storage opportunities.
Meeting the needs of end users and grid operators has seen large amounts of storage capacity installed both for grid-scale applications and behind-the-meter. As the benefits of resilience and flexibility become more apparent to potential investors and the business case for storage applications becomes more robust, demand and deployments will keep increasing. Dominique Jamme, Special Adviser to the President of the French Commission de Régulation de l’Énergie (CRE), opined that regulatory barriers are secondary to market barriers in much of Europe in ESWFs February Webinar.
Potential regulatory disparity
Falling costs and deployment benefits may have given energy storage an unstoppable momentum, but that does not mean that current regulatory frameworks are not hampering growth. Even now, growth is concentrated in a small number of countries – those where policy and regulations favour storage adoptions and recognise (or begin to recognise) it’s value. This effect is particularly noticeable in the United States, where regulatory differences between states have a clear effect on the amount of planned energy storage deployment.
Regulatory barriers are also identified as a hindrance to further energy storage projects by many in the field. In the UK, the All-Party Parliamentary Group (APPG) on Energy Storage claim that current government policy will reduce the storage capacity deployed by 2021 from a potential 12 GW to 8 GW. The European Association for Storage of Energy (EASE) have also stated that regulations must keep up with advances for the technology to flourish.
The benefits of energy storage for both end users and the grid have already reached a tipping point where costs are justified for many business cases – this trend shows no sign of stopping. Regulatory frameworks that recognise the value of the technology, coordinate advances throughout the European member states and give developers a consistent structure for long-term forecast are still necessary for optimum growth.
Name: Residential Energy Storage Forum
Website: http://energystorageforum.com
- September 16, 2024 International Conference on Energy Systems Engineering and Technology (ICESET) - Zurich, Switzerland
- November 04, 2024 International Conference on Energy, Power and Electrical Engineering (ICEPEE) - Amsterdam, Netherlands
- August 15, 2024 International Conference on Energy Systems Engineering and Technology (ICESET) - Tokyo, Japan
- June 13, 2024 International Conference on Electrical Power and Energy Systems (ICEPES) - Toronto, Canada
- September 12, 2024 International Conference on Power and Energy Engineering (ICPEE) - Amsterdam, Netherlands
- July 29, 2024 International Conference on Energy and Power Engineering (ICEPE) - London, United Kingdom
- October 24, 2024 International Conference on Shale Fuel Reserves (ICSFR) - Houston, United States
- May 16, 2024 International Conference on Production, Energy and Reliability (ICPER) - Sydney, Australia
- December 30, 2024 International Conference on Heat and Thermal Energy (ICHTE) - Paris, France
- November 18, 2024 International Conference on Production, Energy and Reliability (ICPER) - Singapore, Singapore
- August 15, 2024 International Conference on Electrical Power and Energy Systems (ICEPES) - Istanbul, Turkey
- October 24, 2024 International Conference on Electrical Power and Energy Systems (ICEPES) - Barcelona, Spain
- July 11, 2024 International Conference on Energy Systems Engineering and Technology (ICESET) - Ottawa, Canada
- September 12, 2024 International Conference on Power and Energy Engineering (ICPEE) - Rome, Italy
- June 13, 2024 International Conference on Electrical Power and Energy Systems (ICEPES) - Copenhagen, Denmark
- June 27, 2024 International Conference on Energy Engineering (ICEE) - Istanbul, Turkey
- June 27, 2024 International Conference on Electrical Power and Energy Systems (ICEPES) - Istanbul, Turkey
- August 22, 2024 International Conference on Energy Conversion Systems and Technologies (ICECST) - Kuala Lumpur, Malaysia
- May 02, 2024 International Conference on Energy Systems (ICES) - Singapore, Singapore
- June 13, 2024 International Conference on Energy Engineering (ICEE) - Toronto, Canada
- September 05, 2024 International Conference on Energy Economics and Energy Policy (ICEEEP) - Prague, Czechia
- December 23, 2024 International Conference on Energy, Power and Electrical Engineering (ICEPEE) - Barcelona, Spain
- June 03, 2024 International Conference on Energy Conversion Systems and Technologies (ICECST) - New York, United States
- December 30, 2024 International Conference on Production, Energy and Reliability (ICPER) - Vienna, Austria
- June 20, 2024 International Conference on Energy Systems Engineering and Technology (ICESET) - Venice, Italy
- October 28, 2024 International Conference on Energy and Heat Transfer Engineering (ICEHTE) - Lisbon, Portugal
- November 07, 2024 International Conference on Production, Energy and Reliability (ICPER) - Tokyo, Japan
- August 29, 2024 International Conference on Combustion, Energy Utilisation and Thermodynamics (ICCEUT) - Moscow, Russia
- October 17, 2024 International Conference on Shale Fuel Reserves (ICSFR) - London, United Kingdom
- September 05, 2024 International Conference on Energy Systems Engineering and Technology (ICESET) - Prague, Czechia
- July 04, 2024 International Conference on Energy Conversion Systems and Technologies (ICECST) - Corfu, Greece
- May 20, 2024 International Conference on Electrochemical Energy Conversion and Storage (ICEECS) - Batumi, Georgia
- July 29, 2024 International Conference on Energy Systems Engineering and Technology (ICESET) - Vienna, Austria
- June 20, 2024 International Conference on Heat and Thermal Energy (ICHTE) - Riga, Latvia
- December 02, 2024 International Conference on Electrical, Electronics and Power Engineering (ICEEPE) - Tokyo, Japan
- December 09, 2024 International Conference on Power Generation and Distribution Systems (ICPGDS) - Kuala Lumpur, Malaysia
- May 02, 2024 International Conference on Applied Energy (ICAE) - Istanbul, Turkey
- December 02, 2024 International Conference on Energy, Power and Electrical Engineering (ICEPEE) - Tokyo, Japan
- June 13, 2024 International Conference on Electrical Power and Energy Systems (ICEPES) - Montreal, Canada
- June 27, 2024 International Conference on Energy Systems (ICES) - Istanbul, Turkey
- August 29, 2024 International Conference on Electrical Power and Energy Systems (ICEPES) - Moscow, Russia
- September 19, 2024 International Conference on Energy, Power and Electrical Engineering (ICEPEE) - Toronto, Canada
- May 20, 2024 International Conference on Power and Energy Engineering (ICPEE) - Las Vegas, United States
- July 18, 2024 International Conference on Advances in Energy Systems Engineering (ICAESE) - Rhodes, Greece
- August 05, 2024 International Conference on Combustion, Energy Utilisation and Thermodynamics (ICCEUT) - Amsterdam, Netherlands
- August 29, 2024 International Conference on Production, Energy and Reliability (ICPER) - Zanzibar, Tanzania
- August 29, 2024 International Conference on Energy and Heat Transfer Engineering (ICEHTE) - Sydney, Australia
- December 16, 2024 International Conference on Energy Systems (ICES) - Cairo, Egypt
- May 16, 2024 International Conference on Electrochemical Energy Conversion and Storage (ICEECS) - Berlin, Germany
- December 23, 2024 International Conference on Electrical, Electronics and Power Engineering (ICEEPE) - Barcelona, Spain