Energy storage

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 […]

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 […]

Power from pig manure is not a public relations stunt, but rather, it’s an innovative solution to several farm challenges. Installing lagoon covers not only reduces odors and eliminates rainwater ingress

Through a series of incentives and mandates, New Jersey is planning to produce 100% of its power from carbon-neutral sources, electrify its vehicle fleet and building sectors, and set mandatory efficiency standards for electric utilities by 2050, an energy blueprint released by the Board of Public Utilities (BPU) suggests.  The June 10-released “Draft 2019 Energy […]

Increased power generation from renewable resources such as wind and solar also has created a growing market for energy storage. Generators want to harness that power and have it available when it’s needed, whether or not the wind is blowing or the sun is shining. Rob Allerman, senior director of Power Analytics for Drillinginfo, which […]

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 […]

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

Mitsubishi Hitachi Power Systems (MHPS) and Magnum Development, the owner of a large and geographically rare underground salt dome in Utah, have teamed to develop a massive project that could store up 1,000 MW of renewable energy year-round and provide it to variability-challenged Western power markets.  The companies this week signed a memorandum of understanding […]

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 […]

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

Legislation recently introduced in the U.S. House that would expand the federal solar investment tax credit (ITC) to energy storage technologies has gained the backing of major trade groups  representing the solar, hydropower, and wind sectors. The Energy Storage Tax Incentive and Deployment Act (H.R. 2096), introduced on April 4 by Reps. Mike Doyle (D-Pa.), […]

Alliance to leverage ABB Ability™ based microgrid and energy storage solutions and clean energy infrastructure financing expertise ABB and SUSI Partners (SUSI), a clean infrastructure investment advisor, have signed a framework agreement to promote the deployment of microgrids and energy storage solutions. ABB will provide its ABB Ability™ based microgrid technology and battery energy storage […]

GE has announced it will integrate its renewables, grid, and energy storage assets into a simplified, single business that nearly doubles the size of its Renewable Energy division, as the company banks on the accelerated uptake of grid-connected renewables worldwide.  The expansion will see GE’s grid solutions, solar solutions, and storage businesses move from GE […]

A distribution center in Finland is installing what is being called the country’s largest industrial microgrid, a system that will use 100% renewable energy. The system is being built by Schneider Electric

From both a regulatory and development perspective, 2018 was a significant year for the expansion of energy storage resources (ESRs). From a significant ruling of the Federal Energy Regulatory Commission

Cheap natural gas and social pressure to reduce carbon emissions give gas-fired power plants and renewable energy resources a competitive advantage over traditional coal and nuclear generation. Energy storage

NV Energy plans to retire a 254-MW coal-fired unit in a power-constrained region of Nevada at the end of 2021, four years ahead of schedule. The company will instead purchase 1,001 MW from new solar photovoltaic projects equipped with 100 MW of long-term battery storage, effectively doubling its total renewable generation from 14% in 2017 […]

Gasification Plant Under Construction in Saudi Arabia. A Pennsylvania company has partnered with two Saudi Arabian energy firms on construction of a gasification-to-power plant project in Saudi Arabia. The

The technology group Wärtsilä has released a new solution, GridSolv, the company’s first standardized energy storage solution. GridSolv is an advanced energy storage solution that is designed to offer maximum flexibility and speed of deployment. This innovative and standardized architecture supports both standalone energy storage deployments as well as integrated hybrids with thermal or renewable […]

Eindhoven, Netherlands– 20 September 2018 InnoEnergy, the European innovation engine for sustainable energy, today launches its global call for electric storage start-ups. Fifteen of the most innovative, sustainable energy start-ups will receive a tailored package of added-value services and a €100,000 cash prize will be awarded to the best one. To support its work with […]

MENLO PARK, CA (September 18, 2018) – The U.S. Department of Energy (DOE) today announced plans to provide $120 million over five years to renew the Joint Center for Energy Storage Research (JCESR), a DOE Energy Innovation Hub devoted to advancing battery science and technology, led by Argonne National Laboratory. “Improvements in battery performance are paramount to […]

Along with producing power from 99 turbines, the 309-MW Hornsdale Wind Farm in South Australia has helped trial new technologies that could ramp up power system security and reliability. At first glance, the

Lawmakers in California’s Assembly on August 28 cleared a key vote on a bill that would require the state to obtain 100% of all retail electricity sales from renewable and zero-emissions resources by 2045.  The state’s Assembly voted 43–32 in favor of SB 100. The bill, which now heads to the state Senate for a […]

Energy industry experts speaking at the MEGA Symposium in Baltimore, Maryland, on August 21 agreed that storage is becoming more important to the overall mix of U.S. power sources. They also said utility-scale storage solutions remain “years away,” even as technology advancements in battery systems occur more rapidly. Panelists at the session entitled “The Transformation […]

Large Energy Storage System Commissioned in Germany. NEC Energy Solutions (NEC) in late June said it had commissioned the largest energy storage system in Europe for Germany-based EnspireME, a joint venture

ESNA 2018 to recognize projects advancing the future of power and transportation PASADENA, Calif., July 18, 2018 — Energy Storage North America (ESNA) today issued a call for nominations for the 2018 ESNA Innovation Awards, which are presented annually for innovation, excellence and impact in energy storage. Key evaluation criteria include project innovation, impact on transforming the storage […]

Rotterdam (July 11, 2018) – EnergyNest has launched a new hub for manufacturing their thermal battery technology at Europoort in Rotterdam. The cleantech company is responding to Europe’s growing demand for flexible and scalable energy storage solutions. Establishing mass-manufacture capability for their battery modules will allow the company’s energy storage projects to be real- ised […]

Renewable Projects Planned in Australia. CWP Renewables, a company based in Newcastle, New South Wales (NSW), Australia, on May 28 said it received a $700 million investment from Partners Group, a

First-of-their-kind ultracapacitor subsystems address the power gap caused by increasing renewable energy generation SAN DIEGO, June 27, 2018 /PRNewswire/ — Maxwell Technologies, Inc. (Nasdaq: MXWL), a leading developer and manufacturer of energy storage and power delivery solutions, today announced the launch of two new highly scalable products to deliver reliable, fast responding, long lifetime storage […]

Seoul, South Korea and Helsinki, Finland (June 26, 2018) — The technology group Wärtsilä and Hyundai Motor Group have signed a technology and commercial partnership designed to utilize second-life electric vehicle (EV) batteries towards the growing energy storage market. The global partnership will combine Hyundai’s expansion in electric vehicles, with Wärtsilä’s growing energy business, which includes […]