Energy storage

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 […]