Energy storage
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Electrification
Rocky Mountain Power, Torus Will Deploy Grid-Scale Energy Storage Program
Torus and Rocky Mountain Power, following the recent signing of a memorandum of understanding (MOU), on Feb. 7 released additional technical details about the integration of Torus’s commercial energy storage technology into Rocky Mountain Power’s Wattsmart Battery program. The proposed 70-MW demand response initiative will leverage Torus’s Nova Spin and Nova Pulse technologies to enhance […]
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Commentary
It’s Time to Think Differently About Energy Storage and California’s Power Grid
With nearly 60% of the state’s electricity generated from solar, wind, and geothermal energy, California is well past the halfway mark to its goal of 100% renewable power generation by 2045. But this comes with major challenges, both financial and environmental. Mainly, generating adequate electricity during the hours when the sun is not shining is […]
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Renewables
Solar Trade Group’s Plan: 700 GWh of Energy Storage by 2030
The Solar Energy Industries Association (SEIA) published a white paper outlining the industry group’s vision for U.S. energy storage, setting a target to install 10 million distributed energy storage sites and reach 700 kWh of installed storage capacity the end of the decade. The white paper, released Jan. 28 along with a guide to energy […]
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Hybrid Power
Building the Largest Clean Energy Microgrid in Puerto Rico
Analysis of the levelized cost of energy shows how renewables have become more cost-efficient every year. Today, the least-expensive way to meet energy needs is with renewable resources. For industries at risk of power outages or those requiring always-on power, clean energy projects can offer a lifeline. Fundamentally, distributed energy resources (DERs) can give organizations […]
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Trends
NextEra Eyes Restart of Shuttered Nuclear Plant, Partners with GE Vernova on Gas Power Expansion
Facing a projected surge in power demand across the country, NextEra Energy is taking steps to potentially restart its shuttered 615-MW Duane Arnold nuclear plant in Iowa as early as 2028, while also signing a new partnership with GE Vernova to develop natural gas generation projects that could be paired with renewable energy and storage. […]
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Legal & Regulatory
As Last Measure, Biden Administration Unveils $23B in Utility Loan Commitments to Modernize Grid, Boost Clean Energy
As a significant final move before the incoming Trump administration takes office, the Biden administration has announced conditional loan commitments totaling $22.92 billion to support projects by eight utility companies across the U.S. The investments will seek to modernize infrastructure, expand clean energy generation, and improve grid reliability, impacting millions of customers, the Department of […]
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Energy Storage
Key Capture Energy Brings Two BESS Projects Online in Texas
A New York-based developer, owner, and operator of battery energy storage systems (BESS) said it has begun commercial operation of two 100-MW projects in Texas. Albany-headquartered Key Capture Energy on Jan. 7 also announced the transfer of the investment tax credits (ITCs) for both projects to a third party. The company on Tuesday said the […]
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Electrification
U.S. Railroading: What Sector’s Future Power Suppliers Will Need to Know
Among the elements of America’s carbon-based industries and infrastructure being impacted by electrification, transportation exhibits, first, widespread economic and environmental impacts (private highway vehicles) driven by emerging technology, public policy, growing climate and health concerns, government stimuli and private collaboratives, and investment or management opportunities. Second it shows the more muted reassessments by freight and […]
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Renewables
Saudi Group Announces 1 GW of Renewables as Part of $50 Billion China Investment
Saudi Arabia energy major ACWA Power announced it is developing more than 1 GW of renewable energy projects in China. The company in reports published Dec. 31 said the portfolio includes solar and wind power installations that would be owned jointly by ACWA Power and Chinese renewable energy developers. ACWA Power in a statement to […]
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Interview
The POWER Interview: Energy Storage Also Eyed for Data Centers
Recent news about continued growth in the U.S. energy storage market highlighted continued deployments of grid-scale systems, along with ongoing demand from commercial and industrial and residential sectors. Electric utilities and power grid operators, along with those using storage to support distributed energy installations, want to make their power supplies more flexible, reliable, and resilient. […]