Energy Storage: Page 16
-
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 -
Explore the Trendline➔
Brandon Bell via Getty Images
TrendlineTop 5 Stories from Utility Dive
Power demand is rising amid dramatic shifts in federal energy policy, but technology and markets continue to push the grid toward cleaner, more distributed resources.
By Utility Dive staff -
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 -
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 -
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 -
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 -
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 -
Getty Images
Residential solar + storage surged in California after NEM 3.0: LBNL
Other trends include an increase in inflation-adjusted costs for storage attachments, decreases in average system size and notable market share growth among the state’s top installers.
By Brian Martucci • May 20, 2024 -
Retrieved from U.S. Bureau of Land Management.
Hybrid projects dominate Western solar proposals, reflecting higher curtailment rates: S&P Global
Co-locating battery storage with new solar developments is “almost a requirement,” said Adam Wilson, senior energy research analyst at S&P Global Market Intelligence.
By Robert Walton • May 20, 2024 -
boonchoke/shutterstock.com
Sponsored by Panasonic Eco Systems North AmericaStand out from the crowd: How solar installers can build trust with new customers
Solar installers looking to develop a trustworthy reputation should adopt these innovative strategies.
May 20, 2024 -
DTE seeks 120 MW of standalone energy storage in Michigan
The utility plans to have almost 3 GW of energy storage online by 2042, more than doubling its current capacity.
By Robert Walton • May 14, 2024 -
Alex Wong via Getty Images
Biden hikes tariffs on China-made EVs, batteries, solar cells
The tariffs align with U.S. efforts to get ahead of China in clean energy and advanced technology manufacturing while also increasing supply chain control.
By Kate Magill • May 14, 2024 -
Courtesy of Fluence
Fluence pipeline jumps $2.9B from Q1 to Q2
The company downplayed political risk ahead of the U.S. election in November, revealed plans to ship its first “domestic-content” batteries next year and debuted its most energy-dense Gridstack Pro offering yet.
By Brian Martucci • May 13, 2024
Previous
