Hybrid Power
-
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 […]
Tagged in: -
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 […]
-
Hybrid Power
Building the Largest Clean Energy Microgrid in Puerto Rico
Analysis of the levelized cost of energy shows how renewables have become more cost-efficient every year. Today, the least-expensive way to meet energy needs is with renewable resources. For industries at risk of power outages or those requiring always-on power, clean energy projects can offer a lifeline. Fundamentally, distributed energy resources (DERs) can give organizations […]
-
Gas
Diversification Key to Finland’s Goals Around Energy and Environment
Finland has a diversified energy mix, comprised mostly of renewable energy resources and nuclear power. Recent power generation project announcements highlight this diversification, which has led to industry
-
Sustainability
Virtual Power Plants: An Untapped Resource for Improving Grid Reliability
Utilities are in a tricky spot. While reliability is one of three key focus areas for utilities as they navigate the clean energy transition, along with decarbonization and affordability, it’s become an increasingly hard pillar to deliver on, especially as growing peak demand becomes a year-round consideration. This past summer we’ve already seen large portions […]
-
Renewables
Solar-Plus-Storage Project Brings New Energy to California
Clearway Energy’s Daggett Solar + Storage power plant in San Bernardino County is a model for producing renewable energy, and taking advantage of existing infrastructure, at the site of a closed thermal
-
Renewables
Using Energy Storage Technology to Support Distributed Energy Applications
Our power grid is becoming more distributed and more renewable than ever. Energy storage is a critical technology component to reducing our dependence on fossil fuels and building a low-carbon future. Without it, the shift to renewables will be impossible. Microgrids, net zero buildings, and local renewable energy resources are all enabled by energy storage. […]
-
Hybrid Power
Applying Photovoltaic Charging and Storage Systems: Challenging the Limits of PV Technology
To achieve net-zero goals and accelerate the global energy transition, the International Energy Agency (IEA) stated that countries need to triple renewable energy capacity from that of 2022 by 2030, with the development of solar photovoltaics (PV) playing a crucial role. Additionally, the comprehensive electrification of combustion engine vehicles is an indispensable measure for reducing […]
Tagged in: -
Hybrid Power
DOE Loans Office Will Support Solar, Energy Storage Systems in Puerto Rico
The U.S. Department of Energy (DOE) Loan Programs Office (LPO) on July 18 announced a conditional commitment for a loan guarantee of up to $861.3 million to Clean Flexible Energy, LLC. The money will finance construction of two solar photovoltaic (PV) farms equipped with battery storage, and two standalone battery energy storage systems (BESS), in […]
-
Electrification
Unlocking the Benefits of Virtual Power Plants with Digital Technology
Most people, when they imagine a power plant, picture equipment like smokestacks that stretch hundreds of feet into the sky, massive, spinning turbines and the hum of electric transmission lines that deliver power into the bulk electric grid. As power demand increases beyond current power plant capacities and clean energy goals are accelerated, power generation […]