Energy Storage: Page 12
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Yujin Kim/Utility Dive
Q&AHydrostor’s longer-duration storage tech is ‘bankable’ today but ‘not every market is ready’: CEO
“In the next two to five years, I have a tough time envisioning a major market that won’t be in dire straits without long-duration storage,” Curtis VanWalleghem said.
By Brian Martucci • July 9, 2024 -
Mario Tama via Getty Images
Global solar and wind capacity will more than triple to 8 TW by 2033: Wood Mackenzie
Global energy storage will grow by 636% to add nearly 2,789 GWh of capacity over the next decade, according to WoodMac's latest global market outlook.
By Diana DiGangi • July 9, 2024 -
Explore the Trendline➔
Melissa Sue Gerrits via Getty Images
TrendlineEnergy Storage
The proliferation of energy storage in everything from utility-scale batteries to electric vehicles is a driving force in the transition to a cleaner, more distributed power system. This trendline includes the best Utility Dive reporting on this dynamic sector.
By Utility Dive staff -
Courtesy of Tesla
Tesla Energy deploys company record 9.4 GWh of storage in Q2 2024
The results come as Tesla ramps up production at a 40-GWh Megapack factory in California and begins construction on a similarly-sized facility in China.
By Brian Martucci • July 9, 2024 -
Soonthorn/stock.adobe.com
Sponsored by Energy ExemplarThe imperative of integrated system planning
Integrated system planning can help transform complexity to achieve a reliable, resilient and decarbonized grid.
July 8, 2024 -
PhonlamaiPhoto via Getty Images
Clean energy group releases safety-focused model ordinance for energy storage facilities
The “first of its kind policy” incorporates fire safety best practices into guidance for permitting authorities, an American Clean Power Association official said.
By Brian Martucci • July 2, 2024 -
Courtesy of LG Energy Solution
LG pauses construction on part of $5.5B Arizona battery plant
The firm said it's adjusting the pace of its investments but remains confident the facility will play an important role in its operations.
By Sebastian Obando • July 2, 2024 -
pidjoe via Getty Images
Higher renewables costs, uncertainty show need for diverse energy resources: Lazard report
Lazard’s Levelized Cost of Energy+ report showed tailwinds for energy storage but a notable increase in costs for new-build renewables since 2021.
By Brian Martucci • June 28, 2024 -
Courtesy of Salt River Project
SRP seeks non-lithium, 10-hour energy storage solutions to meet rising power demand
Salt River Project says it needs to double or triple the resource capacity on its system by 2035, including through long-duration energy storage.
By Robert Walton • June 27, 2024 -
The Bold Bureau via Getty Images
DOE provides $63.5M for ‘transformative’ energy solutions, including new storage technology
The funding includes $20 million for Ion Storage Systems in Beltsville, Maryland, to expand its manufacturing of solid-state lithium-metal batteries for the electric vehicle market.
By Robert Walton • June 26, 2024 -
Adeline Kon/Utility Dive
New York PSC adopts energy storage road map detailing path to 6 GW by 2030
The PSC order targets 3 GW of new utility-scale storage, 1.5 GW of new retail storage and 200 MW of new residential storage in addition to the 1.3 GW of storage assets already deployed in the state.
By Brian Martucci • June 25, 2024 -
Courtesy of Holy Cross Energy
US energy storage installations set Q1 record with 84% jump: WoodMac/ACP
Utility-scale installations more than doubled from Q1 2023 while residential installations increased by 48%, driven by California’s NEM 3.0 net billing tariff.
By Brian Martucci • June 25, 2024 -
Clean energy, environmental groups urge FERC to reject PJM grid interconnection plan
PJM’s proposal to largely retain its existing interconnection process without changes fails to meet key requirements of FERC Order 2023, according to trade groups and others.
By Ethan Howland • June 24, 2024 -
Courtesy of Redflow
California agency awards $26.7M for long-duration energy storage projects
The California Energy Commission approved grants for long-duration storage projects to be built by Redflow, RedoxBlox and Noon Energy.
By Ethan Howland • June 18, 2024 -
David Henderson via Getty Images
New York offers $5M for long-duration storage; Central Hudson issues 10-MW storage RFP
The developments highlight New York’s push to facilitate up to 6 GW of energy storage capacity by 2030.
By Brian Martucci • June 17, 2024 -
schwartstock via Getty Images
CAISO board approves ‘transformational’ grid interconnection reforms
The reforms aim to advance projects that are most likely to succeed, in part by prioritizing projects targeting areas in California with available transmission capacity.
By Ethan Howland • June 14, 2024 -
Residential DERs could compensate for rise in peak energy demand by 2035: Deloitte
Most utilities, however, will need to increase coordination with residential customers to maximize the potential of distributed energy resources, according to Deloitte.
By Emma Penrod • June 12, 2024 -
DTE Energy to deploy 220 MW of battery storage at former coal plant
The announcement follows an RFP for 120 MW of energy storage and tracks DTE’s longer-term push to more than double energy storage capacity by 2042.
By Brian Martucci • June 11, 2024 -
Mario Tama via Getty Images
Energy Capital Partners secures $6.7B to invest in clean energy industry
The New Jersey-based private equity firm said its fifth flagship fund would invest in companies focused on power generation, decarbonization and renewable and storage assets.
By Zoya Mirza • June 5, 2024 -
Adeline Kon/Utility Dive
Thermal and compressed air storage cheaper than lithium-ion batteries for 8-plus hour durations: BNEF
However, non-lithium-ion storage costs are unlikely to decline as rapidly as costs for lithium-ion batteries through the end of the decade, BNEF said.
By Brian Martucci • June 4, 2024 -
halbergman via Getty Images
Duke to offer expanded suite of clean energy options to Amazon, Google, other large customers
The proposed framework — developed in collaboration with Amazon, Google, Microsoft and Nucor — includes “innovative financing” to support emerging technologies like advanced nuclear and long-duration storage in the Carolinas.
By Ethan Howland • May 30, 2024 -
Retrieved from U.S. Bureau of Land Management.
With storage interconnection requests up 540 GW since the IRA’s passage, DOE, others weigh solutions
Most proposed storage projects never get built due to long interconnection delays and high grid upgrade costs, said Todd Olinsky-Paul, senior project director at Clean Energy States Alliance.
By Brian Martucci • May 28, 2024 -
Trong Nguyen via Getty Images
Batteries saved Texas consumers $683M during 2-day January freeze: Aurora Energy Research
The Electric Reliability Council of Texas could utilize about 20 GW of battery energy storage in 2035, up from roughly 4 GW today, according to a report commissioned by battery developer Eolian.
By Robert Walton • May 24, 2024 -
John Moore via Getty Images
Battery, critical mineral producers face inventory glut amid slowing EV demand
The oversupply, however, is likely to be short-lived, with experts urging diversified sourcing and increased investments to avoid future shortfalls.
By Kate Magill • May 23, 2024 -
Adeline Kon/Utility Dive
Cells and modules not responsible for most battery energy storage system failures: study
The report by the Electric Power Research Institute, Pacific Northwest National Laboratory and battery software firm TWAICE found a 97% global drop in grid-scale battery failures between 2018 and 2023.
By Brian Martucci • May 21, 2024 -
Adeline Kon/Utility Dive
OpinionWe need long-duration storage for a cleaner and reliable grid. Here’s how policymakers can help.
States could require utilities to procure long-duration energy storage resources to help meet resource adequacy requirements.
By Rich Glick • May 21, 2024
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