Energy Storage
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Connected Plant
Blockchain Technology Will Transform the Power Industry
What began in the world of finance has moved into the power sector. Blockchain, a nascent technology most often associated with cryptocurrency, is a new frontier in the energy space, changing the way power is
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News
Game-Changing Coal Power Technologies
To be a relevant player in the future power mix, coal power efficiency and costs must improve, and technologies in the realm of research and development promise to do just that. Although most experts agree
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News
Energy Storage as a Service: Why Renting Can Be Better Than Buying
The burgeoning as-a-service model, offering greater user flexibility and attractive economics, is now a viable option for energy storage. As with transportation, office equipment, and other capital-intensive
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News
NV Energy Accelerates Retirement of One of Nevada’s Last Coal Units
NV Energy plans to retire a 254-MW coal-fired unit in a power-constrained region of Nevada at the end of 2021, four years ahead of schedule. The company will instead purchase 1,001 MW from new solar photovoltaic projects equipped with 100 MW of long-term battery storage, effectively doubling its total renewable generation from 14% in 2017 […]
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Connected Plant
Blockchain-Enabled VPP Planned for South Korea
The South Korean government has pledged 4 billion Korean won (about $3.5 million) to support a blockchain-enabled virtual power plant (VPP) in Busan, the country’s second-most-populous city after Seoul. Busan officials said they have selected a project to build a VPP on a “citizens-shared” blockchain. Technology Aggregates Resources, Standardizes Transactions A VPP is a cloud-based […]
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Dominican Republican to Get Floating Combined Cycle Gas Plant Outfitted with Battery Storage
A novel floating power plant that combines a 145-MW gas-fired combined cycle power plant and a battery energy storage system could begin operating in the Dominican Republic by early 2021. Siemens and the marine arm of Singapore-based ST Engineering on December 3 said they jointly received an order for a SeaFloat barge-mounted power plant from […]
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Xcel’s Latest Plan: Carbon-Free by 2050
Xcel Energy has announced its plan to move to 100% carbon-free power generation by 2050, with the utility also saying it will reduce carbon emissions by 80% by 2030, from 2005 levels. Xcel, headquartered in Minneapolis, Minnesota, serves customers in eight states and over the past two years has announced a significant number of renewable […]
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Distributed Energy
Distributed Energy: A Burgeoning Market
It’s not particularly easy to find reliable and detailed statistics on the deployment of distributed energy systems. One reason is that a lot of distributed energy is installed behind-the-meter. As a result
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News
Australia’s Victoria State Ramps Up Renewables
Victoria state in Australia continues to see dramatic growth in solar and wind power, as well as battery storage systems, as the region rapidly expands its power generation capacity, in large part to serve the
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News
In Energy Policy Pivot, France Will Shutter 14 Nuclear Reactors
France will shut down 14 of its 58 nuclear reactors by 2035 as well its remaining four coal power plants by 2022, French President Emmanuel Macron said November 27 in a lengthy speech that sought to clarify the country’s future energy direction. According to the World Nuclear Association, France’s nuclear power share has steadily expanded […]