Energy Storage: Page 2
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New Jersey proposes incentives for grid-connected, distributed energy storage
The New Jersey Storage Incentive Program could provide up to $400/kWh in initial benefits for eligible behind-the-meter storage systems, the public utility board said Nov. 12.
By Brian Martucci • Nov. 19, 2024 -
Salt River, APS sign up for 300 MW of storage from EDP Renewables, Strata Clean Energy
Arizona ranked second among states for energy storage installations in the second quarter this year, with 690 MW that could produce 2,600 MWh per full discharge, according to Wood Mackenzie.
By Ethan Howland • Nov. 19, 2024 -
Trendline
Top 5 Stories from Utility Dive
The U.S. energy transition is facing challenges around grid interconnections, project permitting and power system reliability, but state, federal and other solutions are emerging.
By Utility Dive staff -
Sponsored by OpenText
Digital twins reimagined at scale for utilities
Digital twins of assets will play an increasing role in helping improve operational efficiency.
By Phil Schwarz • Nov. 18, 2024 -
2024 Elections
Potential Trump policies pose risks for US storage sector, with Musk impact uncertain, analysts say
Higher battery material tariffs and phased-down IRA tax credits could result in a 15% drop in U.S. storage deployment through 2035 in a “worst-case” scenario, BNEF analysts said.
By Brian Martucci • Nov. 12, 2024 -
Rivian locks in 5-year battery deal with LG Energy Solution
The U.S.-based electric vehicle maker’s agreement shores up its domestic supply chain.
By Larry Avila • Nov. 12, 2024 -
DOE earmarks nearly $150M for 67 clean tech projects at federal facilities
The Assisting Federal Facilities with Energy Conservation Technologies program grants will save a combined $41.7 million in energy and water costs annually, the Energy Department said.
By Brian Martucci • Nov. 11, 2024 -
Sponsored by Wärtsilä Energy Storage and Optimisation
Mitigating environmental and community impact to support energy storage growth
By proactively enhancing fire safety measures and reducing noise and greenhouse gas emissions, energy storage asset owners and operators can support long-term growth while contributing to environmental sustainability.
By Darrell Furlong, Director of Product Management & Hardware Engineering at Wärtsilä Energy Storage & Optimisation • Nov. 11, 2024 -
DOE awards Moment Energy $20.3M to repurpose used EV batteries for energy storage systems
Moment plans to break ground early next year on a 1-GWh Texas factory, which would be “the first UL1974 Certified manufacturing facility in the U.S. dedicated to repurposing EV batteries,” the company said.
By Brian Martucci • Nov. 6, 2024 -
2024 Elections
Trump win is ‘setback’ for climate protection, but clean energy advocates say progress will continue
Trump’s victory means a Republican will be selected to lead FERC, which will likely work to rein in transmission incentives, said Tyson Slocum, director of Public Citizen's Energy Program.
By Robert Walton • Nov. 6, 2024 -
Redoxblox raises $40.7M to commercialize long-duration thermochemical storage technology
The company’s non-lithium, high-temperature batteries can provide up to 24 hours of grid-scale energy storage and reduced-carbon heat for industrial applications, it says.
By Brian Martucci • Nov. 5, 2024 -
Stem revenue falls sharply due to bad debt charge, lower battery hardware bookings
The company recently announced key leadership changes and a pivot to software and services amid unexpected challenges for its clean energy hardware procurement strategy.
By Brian Martucci • Nov. 4, 2024 -
Alliant Energy and Energy Dome sign deal to advance nation’s first utility-scale CO2 battery
The 20-MW/200-MWh pilot project in Wisconsin could be “the first of many CO2 batteries to be built in partnership between Energy Dome and Alliant,” an Alliant executive said.
By Brian Martucci • Oct. 29, 2024 -
Tesla energy storage deployments to double in 2024: CFO
Residential Powerwall deployments hit a record for the second quarter in a row as Tesla targets 100 GWh in annual stationary storage shipments, company executives said.
By Brian Martucci • Oct. 28, 2024 -
Arkansas could be a lithium treasure trove
The state’s Smackover Formation region may contain up to 19 million tons of the critical mineral, more than enough to meet projected global demand in 2030.
By Kate Magill • Oct. 28, 2024 -
Sponsored by Convergent Energy and Power
Navigating the surge: New England capacity prices and transmission costs are on the rise
Capacity and transmission costs in ISO New England have surged. Here's how your utility can address these increases with energy storage and solar PV.
Oct. 28, 2024 -
Iron-air battery developer Form Energy raises $405M, announces collaboration with GE Vernova
The company has also begun a major expansion of its West Virginia manufacturing facility and aims to deploy a 1.5 MW/150 MWh commercial pilot in partnership with Great River Energy next year.
By Brian Martucci • Oct. 22, 2024 -
DOE finalizes $861M loan guarantee for Puerto Rico solar, storage
The projects, led by a joint venture of AES and TotalEnergies, will add 200 MW of solar generation and up to 285 MW/1,140 MWh of standalone energy storage.
By Robert Walton • Oct. 16, 2024 -
GM Energy launches ‘PowerBank’ home energy storage unit for EVs
Customers can pair two stationary batteries for up to 35.4 kWh of energy storage, enough to power an average U.S. home for up to 20 hours.
By Eric Walz • Oct. 15, 2024 -
1-hour batteries can increase transmission-constrained renewable energy values 81%: LBNL
Due in part to differing generation and load profiles, solar hybrid plants achieve the bulk of their capacity revenue with about half as much storage as wind hybrid plants, a study by Lawrence Berkeley National Laboratory found.
By Brian Martucci • Oct. 15, 2024 -
Opinion
Mining for talent: Education’s crucial role in America’s clean energy, mineral-driven future
Amid a clean energy revolution and a precarious geopolitical landscape, effectively bridging the educational gap in mining and engineering is pivotal for securing America's technological and environmental future.
By Misael Cabrera and Bill Zisch • Oct. 15, 2024 -
New York Power Authority seeks up to 575 MW of renewables for NYC
The power would be provided via the Hudson Transmission Project cable, which currently delivers energy from the PJM Interconnection to the New York ISO.
By Robert Walton • Oct. 15, 2024 -
Xcel reaches agreement to add 4.2 GW of clean energy in Upper Midwest
Xcel Energy would add 3.2 GW of wind, 600 MW of battery storage and 400 MW of solar by 2030 under a settlement agreement filed earlier this month with Minnesota regulators.
By Emma Penrod • Oct. 14, 2024 -
LG Energy Solution aims to double revenue, reduce reliance on EV segment
The plans include advancing next-generation battery technology and establishing an energy storage software and services business.
By Eric Walz • Oct. 10, 2024 -
US energy storage deployments jumped 86% year over year to 10.5 GWh in Q2: ACP/WoodMac
The second-quarter record came despite weak residential activity and uncertainty over the policy impacts of the 2024 election, the report said.
By Brian Martucci • Oct. 8, 2024 -
Sponsored by Wärtsilä Energy Storage and Optimisation
The rise of AC block energy storage systems
As the energy storage industry matures, evolving technologies are available for specific use cases.
By Neha Sinha, Product Manager, Energy Storage Systems, Wärtsilä Energy Storage and Optimisation • Oct. 7, 2024