Energy storage

Group Readies Hydrogen Production Plant in Japan. A consortium including Toshiba, Tohoku Electric Power, and Japan’s New Energy and Industrial Technology Development Organization (NEDO) in March said it has

A new conveyor-based system offers an alternative energy storage technology. The heart of the system is a reversible conveyor belt that converts between electrical energy and gravitational potential energy by

When three scientists won the Nobel Peace Prize last year for their work on lithium-ion batteries, The New York Times was one of many outlets that drew the connection between improved energy storage and the

The U.S. Energy Storage Association (ESA) surveyed members of its industry and found that almost two-third of respondents say they already are experiencing coronavirus-related delays, due to disruptions in the global supply chain, travel restrictions, and the downturn in equity markets that is cutting investment in projects. The ESA said more than one-third of those […]

Power industry analysts who’ve spoken with POWER agree there will be an impact to power load due to the COVID-19 pandemic, with the loss of much of the U.S. commercial and industrial demand for power, and certainly an uptick in the amount of demand from the residential sector as more people work from home, away […]

Paris, March 12, 2020 – The development of renewable energy that is intermittent and decentralized requires the security of the electricity grid through flexible electricity storage capacities, especially in the form of batteries. Total launches a battery-based energy storage project in Mardyck, at the Flandres Center, in Dunkirk’s port district. With a storage capacity of […]

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

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, […]

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 […]

ALISO VIEJO, Calif. (February 24, 2020) — esVolta, LP today announced that it has closed an approximately $140 million senior secured credit facility to finance a portfolio of its utility-scale battery energy storage projects. The credit facility was provided by CIT’s Power and Energy business as the Mandated Lead Arranger, and Siemens Financial Services (SFS), […]

Deep decarbonization of the U.S. Northwest can be achieved at “manageable” costs by 2045, but only if utility agency Energy Northwest secures zero-emitting firm capacity, such as by relicensing Columbia Generating Station—the sole nuclear plant in the region—and building small modular reactors (SMRs), a new study suggests. The study by San Francisco-based consulting group Energy […]

The next decade could belong to energy storage. Project development costs are dropping. Enhanced state and corporate focus on climate-related issues is producing more opportunities for renewable generation and

The smart grid is transforming the way utilities communicate with their customers. Smart grid technology, including control systems and automation that help new technologies work together, supports a power grid that can respond digitally to quickly changing electricity demand. The smart grid enables electricity producers to enhance reliability, availability, and efficiency. It can provide cost […]

January 29, 2020 — The technology group Wärtsilä has been contracted to add a 10 MW/26 MWh energy storage solution to a power plant owned by Roatan Electric Company (RECO) on the Caribbean island of Roatan in Honduras. Wärtsilä’s proprietary GEMS energy management software solution will control the utility’s energy system, including earlier delivered Wärtsilä engines, and solar PV. […]

WASHINGTON D.C. – Today, U.S. Energy Secretary Dan Brouillette announced the launch of the Energy Storage Grand Challenge, a comprehensive program to accelerate the development, commercialization, and utilization of next-generation energy storage technologies and sustain American global leadership in energy storage. The Grand Challenge builds on the $158 million Advanced Energy Storage Initiative announced in […]

This last year of the decade proved to be a pivotal year for energy storage technology, as major developments underscored why it is so vital for energy markets. Events such as widespread power outages and transmission issues on a global scale have led to the precipitous rise in energy storage deployments. The energy industry has […]

Some power industry insiders believe hydrogen offers a solution to large-scale energy storage problems. The concept generally revolves around utilizing electricity generated by renewables when supply is high

The power industry is experiencing significant changes. Natural gas, wind, solar, and battery storage seem to be the wave of the future. What’s compelling the transformation? Some people point to

The coal power industry acknowledges that to play a stable role in future power markets, it needs to modernize, and perhaps even overhaul its long-held status as a “conventional generator.” Could new

Every one of the 13 decades that POWER magazine has been in print has been definitive for electric generation technology, policy, and business in some significant way, but few have been as transformative as the 2010s. The decade opened just as the global economy began to crawl toward recovery from a historically unprecedented downturn that […]

The New Jersey Board of Public Utilities (NJBPU) on Dec. 20 announced it has approved 45 applications in the first year of its Community Solar Energy Pilot Program. The NJBPU in a statement Friday said the projects, with total generation capacity of 77.61 MW, will be designed by local governments, community groups, and private developers. […]

Significant and rapid changes that are reshaping North America’s power sector will likely leave Texas and Ontario, Canada, with supply shortfalls over the next decade, and energy deficiencies could also occur during off-peak conditions in the Midcontinent Independent System Operator (MISO) area and the Western Electricity Coordinating Council (WECC) region, the North American Electric Reliability […]

Highview Power Storage, Inc., a global leader in long duration energy storage solutions, and Encore Renewable Energy, a developer of renewable energy generation and storage projects, today jointly announced plans to develop the United States’ first long duration, liquid air energy storage system. This facility will be a minimum of 50MW, provide in excess of […]

Dec. 2, 2019 — The technology group Wärtsilä will optimise the energy system of the Fekola Mine, located in a remote region in southwest Mali. This is needed to improve the mine’s operations, reduce fuel consumption, and lessen the carbon emissions. Wärtsilä has been contracted to design and engineer a cutting-edge 17MW/15MWh energy storage system […]

According to experts from Technical University of Applied Sciences (OTH) in Regensburg, Germany, who recently reviewed the world’s existing power-to-gas (P2G) hydrogen and methane projects, about 143 P2G projects have operated since 1988 in 22 countries. Only 56 hydrogen and 38 methanation projects were active in 2019. While the existing fleet mostly comprises pilot or […]

Low asset utilization is an increasing financial challenge for both conventional and renewable assets, which are sometimes curtailed due to over-generation at various times of day. Integrating large-scale

While still in its infancy, power-to-gas provides a promising approach to convert renewable power into “green” hydrogen and methane, furnishing the renewables sector with a potentially lucrative array of

(Sarnia, ON) November 25, 2019– Convergent Energy + Power (Convergent), a leading independent developer of energy storage solutions in North America, today announced that the 21 MWh of industrial battery storage systems under construction at two Shell Canada Products facilities in Ontario are now operational. Convergent is the largest operator of energy storage solutions in […]

A nationwide survey of state utility commissions suggests regulators are increasingly grappling with issues that could “profoundly” alter energy delivery and utility business models. However, over the next decade, they expect central station generation will continue to dominate state portfolios, and utility-scale solar growth will surpass customer-owned photovoltaic (PV).  The survey to take the “regulatory […]

The Ways and Means Committee of the U.S. House of Representatives on Nov. 19 released a draft tax package for clean energy projects that includes a five-year extension of the 30% solar Investment Tax Credit (ITC), along with new incentives for energy storage. The legislation also supports incentives for electric vehicles (EVs), offshore and onshore […]