Description

TABLE OF CONTENTS

Executive Summary (2)

Table of figures (4)

New regulations and initiatives discussed this month (5)

Americas (5)

United States (5)

Europe (6)

United Kingdom (6)

Spain (6)

Projects updates and announcements (7)

Overview of the 2019 market for utility-scale energy storage projects (7)

Projects announced or contracted this month (9)

Projects commissioned this month (7)

Tenders this month (11)

Focus of the month: Country forecast for energy storage in 2019 (12)

Big players: major countries to watch for storage in 2019 (12)

South Africa: the new World Bank testbed for large-scale battery storage (12)

France: the best short-term opportunities for utility-scale storage in Western Europe (14)

South Korea: energy storage adoption motivated by incentive programs and national schemes (17)

United States: New York and Massachusetts are stealing the spotlight (20)

Small players: some opportunities but nothing transcendental (26)

Puerto Rico: the shift from a heavily indebted monopoly to a cooperative prosumer model (26)

The Middle East: a hotbed for large-scale energy projects without clear energetic roadmaps (27)

TABLE OF FIGURES

Figure 1: Utility-scale energy storage projects announced/contracted and commissioned in 2018 and 2019 (ongoing) (7)

Figure 2: Slides presented in October 2018 by Eskom in South Africa (13)

Figure 3: Provinces in which batteries will be deployed for phase and corresponding capacity (14)

Figure 4. Installed energy storage capacity (MW) in France (17)

Figure 5: REC weight-based revenue principle for solar and Wind plus ESS (18)

Figure 6: Renewables and storage targets in South Korea (19)

Figure 7. USA Investment Tax Credit Incentive scheme (2017 - 2022) (20)

Figure 8. New York incentives for energy storage (22)

Figure 9. Massachusetts incentives for energy storage (25)