Energy storage

Just weeks after the 12th International Renewable Energy Storage Conference (IRES2018) concluded in Düsseldorf, Germany, newly announced figures from Bloomberg New Energy Finance (BNEF) confirmed that battery storage technologies coupled with rapidly expanding renewables are blunting new fossil fuel investments. BNEF’s 2017 figures show that over $330 billion was invested in renewables with comparative costs […]

NTPC Commissions First Unit of Lara Project. The first unit of the 4,000-MW super thermal power project in Chhattisgarh in India was commissioned in late March by NTPC. The coal-fired plant, a $4.62

Nevada law has included net metering provisions for more than 20 years. Net metering is an arrangement that allows energy generated by a customer’s leased or purchased solar system to offset monthly power bills. It also permits excess energy supplied to the grid to earn credits, which are then automatically applied to future billing periods […]

The Federal Energy Regulatory Commission (FERC) adopted a final rule on February 15 (Order No. 841) that facilitates the direct participation of electric storage resources in centralized markets operated by

The California Independent System Operator (CAISO) has approved a request from Pacific Gas and Electric Company (PG&E) to provide a mixture of energy storage, energy efficiency, and system-wide upgrades to ensure reliable electricity in the Oakland, California, area, after the retirement of an aging Dynegy jet fuel-powered plant. PG&E received CAISO approval for its Oakland […]

Battery storage’s emergence as a tool to boost grid reliability and a viable project finance opportunity is good news for utilities and grid operators, said Moody’s Investor Service in an infrastructure and project report on March 19. The ratings agency noted that currently, lithium ion battery costs hover at about $400/kWh installed—the battery itself which […]

Held once again in Düsseldorf, Germany’s huge exhibition center March 13–15, the 12th annual International Renewable Energy Storage (IRES) Conference and Energy Storage Europe Conference attracted roughly 4,500 international visitors, and more than 170 exhibitors, from over 60 nations. While showcasing the latest in energy storage technologies, presenters discussed developing markets worldwide, offered detailed case […]

State regulators in Arizona want the state’s investor-owned utilities to source more of their electricity from renewable sources, and develop more energy storage options, rather than rely on new natural gas-fired generation in the future. State senators, however, voted March 14 to give utilities a way to get around any voter-supported mandates for renewables. The […]

The Reservoir seamlessly integrates across the Grid to enable customers to increase Renewables integration, improve financial performance, enhance grid operations, reduce energy costs and enable more distributed, local generation GE’s Reservoir condenses 4MWh and 10 years of energy storage experience into a 20’ box – delivers an estimated 15% improved lifecycle on the batteries, 5% […]

While 29 states and the District of Columbia currently have Renewable Portfolio Standards (RPS)—goals for power producers to provide a certain amount of power from renewable sources by a specific date—a growing number of states are also instituting standalone targets and mandates for energy storage procurement. Sources: Energy Storage Association, North Carolina Clean Energy Technology Center, Lawrence Berkeley […]

As part of an EU Research Programme in Cooperation with the University of Cyprus, Autarsys Makes the Final Connections to its Energy Storage System (ESS) for Initial Testing   BERLIN, GERMANY and NICOSIA, CYPRUS – Autarsys GmbH has delivered and commissioned the first community energy storage system (ESS) in Cyprus. It aims to be a […]

The Federal Energy Regulatory Commission (FERC) finalized a rule to make it easier for energy storage resources to participate in capacity, energy, and ancillary services in wholesale electricity markets. The final rule, approved unanimously by the five-member commission, will require independent system operators (ISOs) and regional transmission organizations (RTOs) to revise tariffs to establish a […]

Greensmith Energy, a part of the technology group Wärtsilä, has successfully completed two grid-scale energy storage systems in partnership with E.ON Climate & Renewables in Texas. The system already responded to the recent cold snap in Texas, delivering short-term energy to the Electric Reliability Council of Texas (ERCOT). The two 9.9-megawatt, short-duration Texas Waves storage […]

Multiple disparate trends could forcefully reshape power systems around the world. As electricity markets transform, technologies advance, industries converge, consumption patterns change, environmental

Fluence to supply 10 MW Advancion storage solution, boosting reliability for more than 7 million customers in Delhi region January 23, 2018 08:00 AM Eastern Standard Time NEW DELHI–(BUSINESS WIRE)–AES India, a subsidiary of The AES Corporation (NYSE:AES), and Mitsubishi Corporation today started construction on India’s first utility-scale energy storage system, a 10 megawatt (MW) solution that […]

 Energy storage is redefining how smart energy solutions can support the ongoing urban energy transformation January 17, 2018 – Boulder, CO – A new report from Navigant Research examines the relationship between energy storage and smart cities, providing an overview of relevant applications as well as drivers and barriers. Smart energy technologies are increasingly expected […]

Underscoring energy storage’s new vital role in power company operations, Siemens and AES Corp. have launched a joint company, Fluence Energy, that provides technology solutions paired with engineering and services capabilities. AES and Siemens on January 11 announced that Fluence, which merges AES Energy Storage and Siemens’ energy storage team, received all government approvals for the […]

The Massachusetts Department of Energy Resources (DOER) has set the commonwealth’s much-anticipated energy storage target at 200 MWh to be achieved by January 1, 2020. Last week, it also issued a joint request for proposals for 400 MW of offshore wind energy. The announcements made this week follow an energy bill signed into law by […]

The Midcontinent Independent System Operator’s (MISO’s) geographic footprint extends down the middle of the U.S. Because of the structure of its market, MISO has artfully avoided some nasty policy and

As renewables gain a greater foothold in the energy system, the importance of energy storage is going to increase in kind. With the ongoing gradual shift away from traditional baseload energy sources, the

8minutenergy Renewables, LLC (“8minutenergy”), the largest independent solar power developer in the U.S., announced it has expanded into the energy storage market with a 1-gigawatt (GW) project pipeline. The company is focused on standalone storage and hybrid (solar PV + storage) systems, driven by its storage leadership team that has several decades of experience building some of America’s […]

  Finnish technology firm Wärtsilä has acquired Greensmith Energy Management Systems, a firm that specializes in energy storage optimization and integration software, for an undisclosed amount. Greensmith, which has designed and deployed more than 180 MW of energy storage at 50 sites globally, has developed a software platform, GEMS, which optimizes the performance of energy […]

The technology group Wärtsilä today announced new hybrid power plants, engines+storage and energy storage solutions to power markets globally. These new and innovative solutions provide Wärtsilä’s existing and future customers added value by utilizing energy storage technology together with traditional engine based power generation. Wärtsilä also announced it would be offering stand-alone energy storage solutions. […]

Grid-connected batteries have long been touted as a tantalizing prospect that could help balance electricity supply and demand as the amount of installed variable renewable generation ramps up. New

  SAN DIEGO, April 19, 2017 – Today, San Diego Gas & Electric (SDG&E) announced that it has signed contracts for five new local battery storage facilities for a total of 83.5 megawatts (MW).  These four-hour energy storage facilities would be like having batteries from more than 5,500 all-electric, long-range vehicles at the ready. In addition, the […]

Maryland on April 10 became the first state in the nation to pass legislation enacting a tax credit for residential and commercial energy storage installations. The measure passed unanimously in the state Senate, and with a 101–11 vote in the House. Gov. Larry Hogan (R) is expected to sign SB 758 into law. The bill […]

Request for Offers issued for resources to bolster local grid resiliency. ROSEMEAD, Calif., March 6, 2017 — Southern California Edison has launched a Request for Offers (RFO) to acquire new distributed energy resources to bolster grid resiliency in the Santa Barbara-Goleta area. The RFO is seeking a range of new distributed energy resources including: energy […]

February 28, 2017 04:48 PM Eastern Standard Time HERNDON, Va.–(BUSINESS WIRE)–Greensmith Energy, the leader in energy storage software and services, announced it will partner with E.ON North America to deliver two grid-scale energy storage systems in Texas. Each system will be 9.9 megawatt (MW) short duration energy storage projects using lithium-ion battery technology. “These projects will […]

California utility San Diego Gas & Electric (SDG&E) on February 24 officially put into service what is currently the largest lithium-ion storage battery in the world, wrapping up a fast-track procurement process that began less than a year ago. The 30-MW, 120-MWh system (Figure 1) supplied by AES Energy Storage and located in Escondido about […]

Advancion® deployment will solve critical infrastructure challenges on Delhi electric grid NEW DELHI, India, January 12, 2017 – AES India, a subsidiary of The AES Corporation (NYSE:AES) and Mitsubishi Corporation, today announced a joint partnership agreement to deliver India’s first grid-scale energy storage array to the electric grid operated by Tata Power Delhi Distribution Limited (Tata […]