Underscoring vitality storage’s new important position in energy firm operations, Siemens and AES Corp. have launched a joint firm, Fluence Energy, that gives expertise options paired with engineering and companies capabilities.
AES and Siemens on January 11 introduced that Fluence, which merges AES Energy Storage and Siemens’ vitality storage staff, acquired all authorities approvals for the launch. The firm will leverage Siemens’ international gross sales pressure and market to promote vitality storage programs developed by each Siemens and AES, together with SIESTORAGE and Advancion, together with a brand new platform, SunFlex Energy Storage, which caters to photo voltaic photovoltaic (PV) energy. According to firm paperwork, the partnership provides Fluence entry to a gross sales presence in 160 international locations, together with 1000’s of utilities, energy builders, and enormous business clients.
The firm has already bagged its first order: A 100-MW/400-MWh lithium-ion battery-based storage set up in Long Beach, California. The challenge with a four-hour length will serve Southern California Edison and the western Los Angeles space.
In an announcement on January 11, Fluence President and CEO Stephen Coughlin mentioned the corporate was shaped to deal with gaps within the utility-scale vitality storage market, whose acceleration in recent times poses a marked disruption to standard energy era. The worth of vitality storage is now widely known as crucial infrastructure that might increase reliability, resilience, and effectivity.
AES and Siemens first introduced their partnership in July 2017. The new firm’s international headquarters can be within the Washington, D.C., space, with different workplaces in Erlangen, Germany and worldwide.
“We noticed clients struggling to discover a trusted expertise companion with deep information of the ability sector and the flexibility to ship an industrial grade answer they might depend on to be there sooner or later,” mentioned Coughlin. “With a staff drawn from each Siemens and AES, we’re fluent within the energy sector and produce the capabilities, international attain and expertise to ensure our clients obtain the total worth of storage.”
From Holy Grail to Common Solution
Considered for years as a “holy grail” that might rework intermittent types of vitality manufacturing into agency, baseload capability, vitality storage developments garnered severe discover by the ability sector someday between 2011 and 2014, a interval throughout which plenty of demonstration initiatives confirmed varied applied sciences may optimize vitality supply. (For extra, see “Battery Storage Goes Mainstream” in POWER’s May 2017 difficulty.)
According to market analysis agency IHS Markit, the worldwide vitality storage market put in 6 GW in 2017—an exponential enhance from the zero.34 GW put in in 2012 and 2013. Experts extensively challenge that this development will proceed. IHS’s forecasts present that annual installations may surge to 40 GW by 2022.
One cause for this hovering development is that vitality storage is now being integrated broadly into utility planning and energy system planning all around the globe, as John Zahurancik, who served as president for AES Energy Storage between 2015 and 2017, and is now Fluence’s chief working officer, instructed POWER on January four. “If you have a look at the useful resource planning guides which are popping out of main utilities, and in the event you have a look at the unbiased system operator areas and the ways in which they’ve integrated guidelines adjustments, they’ve integrated vitality storage,” he mentioned.
Countries like Mexico, which revised its method to vitality regulation, and the UK, which not too long ago revised its capability mechanism, have additionally integrated vitality storage. “Japan is opening as much as this; you will have Australia placing vitality storage to answer disaster circumstances; you will have the prime minister of India speaking about—alongside 100 GW of photo voltaic—the necessity for gigawatts of…