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Oct 12, 2017: Article updated to include a reference to CSP with storage The global market for stationary battery energy storage is set to experience tremendous growth by 2025 of about 30 times its current size. This is expected to come mainly from the “usual...read more
The German Secondary Control Reserve market: Will recent regulatory updates finally pave the way for energy storage?
Germany’s Secondary Control Reserve (SCR) market has attracted significant interest from many energy storage players in the past. Requiring minimum energy capacities of at least four hours and energy delivery for even longer periods, the SCR market particularly...read more
Through our day-to-day work around the globe, Apricum has gained deep insights about the dynamics of the energy storage markets and what it takes to be successful not only today, but also in a few years from now. Driven by the specific market characteristics, we...read more
In recent months, we saw a flurry of widely diverging predictions on the 2017 global PV market demand – 85 GW from GTM, 79 GW from IHS and Bloomberg, and 74 GW from EnergyTrend – the key differentiating variable being China, the world’s largest market by far with its...read more
Through Outward Direct Investment (ODI), China has set itself on a determined course to greatly increase its international investments, a target befitting one of the world’s economic super powers. In this interview, we speak to Beijing-based Apricum Senior Advisor Dr....read more
In this interview, we speak with Florian Mayr, partner and head of the energy storage practice at Apricum – The Cleantech Advisory, to get an orientation of the MENA region’s potential for energy storage, necessary market drivers and a few examples of existing storage...read more
Saudi Arabia Unleashes Renewable Energy Procurement with Tenders for 300 MW Solar and 400 MW Wind Projects
On February 20, 2017, Saudi Arabia released requests for qualification (RFQ) for a 300 MW solar photovoltaic and a 400 MW wind project on an IPP basis. Applicants are invited to provide their credentials by March 20, 2017. The request for proposals (RFP) was announced...read more
After Installing 60% of Global PV Capacity in 2016, What's In Store for the Giant Chinese and U.S. PV Markets?
The global PV market is roiling beneath a relatively calm surface; while the market appears to be plateauing globally, it features a mix of growing, steady and declining markets. In this article, we analyze the major global PV market drivers, particularly the factors...read more
In the second of a two-part series on opportunities in battery energy storage in Europe, Apricum Partner Florian Mayr and Senior Consultant Dr. Hendrik Kienert discuss the key drivers, challenges and outlook for today’s main use cases in the UK and Italy. Together...read more