Battery storage
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POWER Podcasts
Lithium-Ion Batteries: Costs Down, Benefits Up [PODCAST]
The price of lithium-ion batteries has plummeted over the past decade. Battery pack prices averaged $1,160 per kWh in 2010, according to BloombergNEF, but they dropped to $176 per kWh last year, and experts suggest they could be less than $100 by 2024. Tony Cooper, general manager of Green Cubes Technology’s Motive division, was a […]
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Renewables
A Fine Couple They Are (Wind and Solar Power)
The pairing of wind and solar is emerging as a smart strategy to implement renewable energy sources with better economic feasibility. The pairing of wind and solar power is an advantageous complement; the two benefit each other. The synergistic combination is an emerging trend in renewable energy and power generation as costs drop. The pairing […]
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News
Port’s Microgrid Could Be Sea Change for Industry
A new microgrid in California, at the nation’s second-busiest seaport, takes an innovative approach to providing reliable, resilient, and sustainable power, providing a glimpse at the future of such
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Press Releases
Duke Energy Florida to build its largest battery storage projects yet
22 megawatts of electricity storage to enhance Florida’s smart grid ST. PETERSBURG, Fla. – Duke Energy Florida (DEF) today announced three battery storage projects, totaling 22 megawatts, that will improve overall reliability and support critical services during power outages. Collectively, the storage facilities will enhance grid operations, increase efficiencies and improve overall reliability for surrounding […]
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Energy Storage
How Residential Energy Storage Could Help Support the Power Grid
Household batteries could contribute to making the grid more cost effective, reliable, resilient, and safe—if retail battery providers, utilities, and regulators can resolve delicate commercial, operational, and policy issues. The growth of battery storage in the power sector has attracted a great deal of attention in the industry and media. Much of that attention focuses […]
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News
Blockchain Pilot Shows Promise for Grid Balancing
A blockchain pilot wrapped up by European transmission operator TenneT and storage solutions provider sonnen Group this May showed “tremendous potential” when used to network decentralized home storage
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Smart Grid
Where Is the Microgrid Market Headed?
Increasingly, today’s electric power grids are interacting with microgrids and in more complex ways. Yet, much work needs to be done to integrate microgrids and flexible demand into the wide-area synchronous
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Press Releases
Convergent and Shell New Energies Announce Joint Venture to Install 21 MWh of Energy Storage Projects at Shell Facilities
Companies will also offer Convergent’s energy storage solutions to large electricity users in Ontario (Toronto, ON) May 8, 2019 – Convergent Energy + Power (Convergent), the leading independent developer of energy storage solutions in North America, and Shell *, today announced a joint venture starting with 21 MWh of industrial battery storage systems at two […]
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Energy Storage
Energy Storage Changes the Power Profile
The power grid is a pretty complex system. Electricity is generally produced on an as-needed basis. Generators ramp up and down based on demand. However, energy storage systems are beginning to change how
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News
FPL Will Build World’s Largest Battery Storage System
Florida Power & Light Co. (FPL) has been building new solar farms and bringing gigawatts of new natural gas-fired generation capacity online in recent years. Now the utility has announced what it calls the world’s largest solar-powered battery storage system. FPL on March 28 said the Manatee Energy Storage Center, a 409-MW/900-MWh battery storage facility, […]