Energy storage

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 […]

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 […]

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 […]

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. […]

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 […]

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 […]

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 […]

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 […]

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. […]

The U.S. energy storage market continued its strong growth in third quarter of this year, with the grid-scale segment setting new quarterly records for deployments. That’s according to the American Clean Power Association’s (ACP) and Wood Mackenzie’s latest U.S. Energy Storage Monitor report released Dec. 12. The report said Q3 set the highest record for […]