Norwegian oil group Statoil said Monday it would store energy from a Scottish floating wind farm on a powerful battery storage system, in a pioneering pilot project.
The system's one megawatt-hour Lithium battery capacity corresponds to that of "more than two million iPhones," Statoil said in a statement, making it one of the world's most ambitious projects in the field.
The specialised website Recharge referred to the project as a "potentially game-changing battery storage system" in an industry where storage is a key issue.
Batteries are one of new frontiers in energy investment. Renewables producers can tap into stored energy to instantly meet peaks in demand or compensate for periods of low wind and poor sunshine.
Statoil's pilot project is due to be installed at the end of 2018 and hooked up to the world's first floating wind farm which is expected to begin producing electricity a year earlier, with five Hywind turbines placed 25 kilometres (15 miles) off the Scottish coast.
"Battery storage has the potential to mitigate intermittency (of wind energy) and optimise output," Statoil said in a statement.
"This can improve efficiency and lower costs for offshore wind," it added.
Dubbed Batwind, the battery system will be developed jointly with universities and Scottish suppliers, Statoil said.
GMT 09:55 2017 Saturday ,09 December
Liquefied gas proving to be a natural for energy firmsGMT 08:57 2017 Friday ,08 December
Nuclear fusion project faces delay over US budget cutsGMT 18:01 2017 Monday ,20 November
Rosneft fuels foreign policy goalsGMT 09:35 2017 Sunday ,19 November
China to build $1.6 bn aluminium plant in TajikistanGMT 09:49 2017 Saturday ,18 November
Saudi Arabian Basic Industries Cooperation becomes only Arab company on Thomson Reuters Top 100 Global Energy Leaders listGMT 12:37 2017 Thursday ,16 November
US chemical plants must prepare for more HarveyUS chemical plants must prepare for more HarveyGMT 22:18 2017 Friday ,03 November
Carmakers charge toward electric futureGMT 21:59 2017 Friday ,03 November
Rosatom would bid in KSA nuclear plant tenderMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©