Solar
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Renewables
Flow Batteries: Energy Storage Option for a Variety of Uses
Energy storage is becoming increasingly important to the power industry. Lithium-ion battery technology has been implemented in many locations, but flow batteries offer significant benefits in long-duration
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T&D
Are Traditional Power Companies Being Disintermediated?
How will the electric grid change as the world transitions to a power system with more renewable energy resources? Some experts foresee a shift from today’s grid-type architecture to a system of systems—from the current centralized design to a distributed energy scheme. While it’s hard to know exactly what the future holds, it’s commonly believed […]
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Wind
The Year Wind Surpassed Hydro as the Top Renewable in the U.S.
Annual wind power generation exceeded hydroelectric generation for the first time in 2019, according to data published by the U.S. Energy Information Administration (EIA) on Feb. 26, making wind the top-producing renewable source of electricity in the country, a position long held by hydro. The EIA’s Electric Power Monthly with Data for December 2019 report […]
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News
Fast Fixes to California’s ‘New Normal’ of Power Outages
Experts say the solution is simple: increase the role of distributed renewables and deploy energy storage-based microgrids throughout the state. As California continues to cope with looming scheduled blackouts, the harsh reality is that not only is this the new normal for citizens and businesses on the West Coast, but it could remain that way […]
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Energy Storage
Energy Storage—A Trillion-Dollar Holy Grail
The science of renewable energy is remarkable—the ability to harness nature to magically power our modern world is a seductive vision. And yet, the actual business of renewable energy is late to establish itself as a viable competitor to the petrochemical industry. The problem is rooted in cost parity and the challenges of production, storage, […]
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News
Research Group: Energy Storage Market Will Hit $546 Billion by 2035
A new report from a global research, data, and analytics firm says the total market for energy storage will reach $546 billion in annual revenue over the next 15 years, led by the continued electrification of the transportation sector. Lux Research, a Boston, Massachusetts-headquartered group, in its “Global Energy Storage Market 2019” report, estimates the […]
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Press Releases
More renewable energy options available under Duke Energy’s Green Source Advantage
CHARLOTTE, N.C. (February 25, 2020) – The North Carolina Utilities Commission (NCUC) has approved Duke Energy’s Green Source Advantage (GSA) program in North Carolina, enabling the company to expand renewable energy options for customers. View the NCUC order. “Large customers focused on securing more renewable energy now have an additional option with Duke Energy’s Green […]
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Press Releases
Duke Energy Florida announces installation of one-millionth solar panel in state
ST. PETERSBURG, Fla. (February 24, 2020) — One million solar panels and counting… Duke Energy Florida today announced the installation of its one-millionth solar panel in the state at the company’s Columbia Solar Power Plant in Fort White, Fla. Duke Energy Florida plans to install a significant amount of additional solar energy over the next […]
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News
TECO Announces $800-Million Investment in New Solar
Tampa Electric Co. (TECO) on Feb. 19 said it plans to invest about $800 million to add another 600 MW of solar power generation capacity by year-end 2023. TECO on Wednesday said the expansion will increase its solar portfolio to more than 1.25 GW of solar generation, or about 14% of its total generation mix. […]
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Energy Storage
Researchers Make Progress on Several Power Projects
Researchers at a few prominent universities have published findings on recent power-related projects. At Cranfield University in the UK, hydrogen production technology is advancing with an eye on cost and carbon reductions; researchers at the University of Michigan released best practices for extending lithium-ion battery life; and a Massachusetts Institute of Technology (MIT) study found […]