Description

Table of Contents

Executive Summary (2)

Table of figures (4)

New regulations and initiatives discussed this month (5)

Americas (5)

Europe (5)

Projects updates and announcements (6)

Overview of the 2018 market for utility-scale energy storage projects (6)

Projects announced or contracted this month (7)

Americas (7)

Europe (7)

Projects commissioned this month (8)

Asia (8)

Europe (8)

Projects tendered (9)

Focus of the month: Energy storage for Commercial and Industrial customers is a large market opportunity, but only in specific regions (10)

California: the main market for Commercial and Industrial Energy storage (11)

California is one of the US states with the highest demand charges (11)

The Self-Generation Incentive Program (SGIP) provides additional revenues to already economically profitable projects (13)

Ontario: the high “Global Adjustments” encourage large customers to reduce their peak demand (16)

Global Adjustments apply to “class A” customers (16)

Energy storage can help reducing the electricity bill by reducing the peak consumption when the Ontario system consumes most (17)

South Korea: several incentive programs drive the C&I energy storage segment (18)

Private facilities can access grid fees reduction through the installation of energy storage  (18)

Public buildings have an obligation to reduce their peak load (19)

United Kingdom – the largest European market for the energy storage C&I segment (20)

The business models for storage behind the meter in Great Britain (20)

Trends and current market size (22)

In the rest of Europe, energy bill reduction can provide interesting additional revenues  (24)

In France, rebates on grid fees are accessible for large consumers  (24)

In Germany, the power component of the energy bill is relatively high (26)

Table of figures

Figure 1: Utility-scale energy storage projects announced/contracted and commissioned in 2017 and 2018 (ongoing) (6)

Figure 2: Comparison of the revenues accessible by behind the meter energy storage in various regions (10)

Figure 3. Maximum Demand Charge (USD) in the United States (source: NREL) (11)

Figure 4. Rate options for Time of Use Business customers in the SCE territory in California (13)

Figure 5: Repartition of the 2017-2019 SGIP incentive funds (14)

Figure 6: Total SGIP funding dedicated to Energy Storage in 2009 - 2019 (14)

Figure 7. Current rebates for energy storage within the SCE and PG&E service areas (15)

Figure 8: Business case for a 100 kW / 200 kWh energy storage asset providing demand charge management and eligible for SGIP in California (16)

Figure 9: calculation method of the incentives available to industrial customers in South Korea (19)

Figure 10: past and expected future deployments of energy storage in South Korean public buildings (19)

Figure 11: Transmission fees in Great Britain for half-hourly metered customers (21)

Figure 12: Schedule of charges for HH metered properties by WPD in the South West (21)

Figure 13: “Vanilla” options investigated by Frontier Economics for Ofgem regarding the TCR (23)

Figure 14: Accessible rebates on grid fees for large consumers in France (25)

Figure 15: Grid fees applicable to customers connected to 50 Hertz's network (26)

Figure 16: Illustration of the possible use of energy storage to reduce the capacity charge of a German industrial consumer (27)