Energy Storage
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Energy Storage
ERCOT and CAISO market trends and successful bid optimization
Battery energy storage systems (BESS) play an essential role in balancing grids with high renewable energy. They can charge during low price hours and discharge during high price hours in the wholesale markets, or support grid stability participating in the ancillary markets. It is important for BESS owners to maximise their profit by deciding how […]
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Electrification
Rocky Mountain Power, Torus Will Deploy Grid-Scale Energy Storage Program
Torus and Rocky Mountain Power, following the recent signing of a memorandum of understanding (MOU), on Feb. 7 released additional technical details about the integration of Torus’s commercial energy storage technology into Rocky Mountain Power’s Wattsmart Battery program. The proposed 70-MW demand response initiative will leverage Torus’s Nova Spin and Nova Pulse technologies to enhance […]
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Commentary
It’s Time to Think Differently About Energy Storage and California’s Power Grid
With nearly 60% of the state’s electricity generated from solar, wind, and geothermal energy, California is well past the halfway mark to its goal of 100% renewable power generation by 2045. But this comes with major challenges, both financial and environmental. Mainly, generating adequate electricity during the hours when the sun is not shining is […]
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Energy Storage
Building a Safer Storage Industry After the Moss Landing Fire
The recent fire at the Moss Landing battery storage facility in California, operated by Vistra, has raised concerns in the energy industry, raising critical questions about the safety and future of this burgeoning technology. The recent fire was the latest in a series of incidents at the site since it opened in 2020. The lessons […]
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Renewables
Solar Trade Group’s Plan: 700 GWh of Energy Storage by 2030
The Solar Energy Industries Association (SEIA) published a white paper outlining the industry group’s vision for U.S. energy storage, setting a target to install 10 million distributed energy storage sites and reach 700 kWh of installed storage capacity the end of the decade. The white paper, released Jan. 28 along with a guide to energy […]
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Energy Storage
Lightshift Energy, Basis Climate Complete Sale of ITCs for BESS Projects
Lightshift Energy, a developer, owner, and operator of energy storage projects, has partnered with Basis Climate to complete the sale of nearly $10 million of investment tax credits (ITCs) tied to four utility-scale battery energy storage (BESS) projects in Massachusetts. The projects range from 9,000 kWh to 22,000 kWh. The systems are designed to charge […]
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Renewables
Prevalon Will Provide Second Energy Storage System for Idaho Power
A Florida-based battery energy storage provider is teaming with Idaho’s largest electric utility for a 200-MW/800-MWh battery energy storage system (BESS) project designed to support grid resiliency. Prevalon Energy, a Mitsubishi Power Americas and EES joint venture, on Jan. 14 announced it had secured a contract with Idaho Power for the project, which will feature […]
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Energy Storage
Key Capture Energy Brings Two BESS Projects Online in Texas
A New York-based developer, owner, and operator of battery energy storage systems (BESS) said it has begun commercial operation of two 100-MW projects in Texas. Albany-headquartered Key Capture Energy on Jan. 7 also announced the transfer of the investment tax credits (ITCs) for both projects to a third party. The company on Tuesday said the […]
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Data Centers
Generational Shift—Data Centers Bring Change to Energy Landscape
Deals involving the data center sector are occurring regularly, as tech companies make moves to ensure they have a reliable supply of power for their energy-intensive operations. Several generation types, both thermal and renewable, are being touted and pursued by groups involved with artificial intelligence (AI), data management, and cloud computing. Google, Microsoft, Amazon Web […]
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Distributed Energy
Central Theme for Energy’s Future: Decentralizing Power Generation
The use of distributed energy resources (DERs) will continue to grow as utilities, businesses, and residential neighborhoods look for ways to balance the power grid and support more reliable and resilient