Energy storage

A new report released July 31 details continued growth in global energy storage, driven by lower costs for lithium-ion batteries. Research company BloombergNEF (BNEF) in its latest forecast published Wednesday said energy storage installations worldwide will grow across the next two decades, from the 9 GW/17 GWh of capacity deployed as of last year, to […]

July 25, 2019 — The technology group Wärtsilä has signed an Engineering, Procurement and Construction (EPC) contract for a 100 MW/100 MWh total capacity energy storage project in South East Asia. The energy storage system facility, including the Greensmith GEMS advanced software platform and GridSolv, will be used for grid support purposes. The order was […]

The U.S. Department of Energy (DOE) and members of Congress are looking at legislation concerning research and regulation of energy storage. Sen. Lisa Murkowski (R-Alaska), who chairs the Energy and Natural Resources committee, on July 9 said there is bipartisan interest in combining a handful of bills on energy storage, dealing with research and development […]

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