battery energy storage

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 […]

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 […]

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 […]

The energy industry finds itself in the midst of a transformative era. In 2023 alone, a record 31 GW of solar energy capacity were installed—a 55% increase from 2022—while battery energy storage systems

Battery energy storage systems (BESS) have emerged as a crucial technology for storing and dispatching energy when needed. However, the rapid expansion of BESS has been accompanied by safety and risk management challenges. Most BESS units use lithium-ion batteries, which require particular care to avoid fire concerns. Though lithium-ion BESS is overall a safe and […]

An Indiana electric utility has announced a $1.1 billion investment in that state that includes switching coal-fired units to run on natural gas, along with new solar power and battery energy storage projects. AES Indiana, a subsidiary of AES Corp., and formerly known as Indianapolis Power & Light, on August 8 said it will convert […]

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 […]

Michigan’s major electric utility said it plans to build one of the nation’s largest standalone battery energy storage projects at the site of a retired coal-fired power plant. Detroit-based DTE Energy on June 10 said it would convert part of the closed Trenton Channel power plant into a 220-MW energy storage facility. DTE retired Trenton […]

TWAICE, a Germany-based provider of battery analytics software, along with the Electric Power Research Institute (EPRI) and the Pacific Northwest National Laboratory (PNNL) have published a joint study analyzing the root causes of battery energy storage system (BESS) failure incidents. The groups have aggregated data about why battery systems have failed. The report made available […]

Energy ministers from seven of the world’s largest economies, including the U.S., said they would end the use of “unabated” coal by 2035, but also said countries could extend that deadline if circumstances warrant. The Group of Seven (G7) members, which also include Canada, the UK, France, Germany, Japan and Italy, published a communiqué on […]