Fluence expects to bring in more than $1B in revenue in 2022, touts potential of energy storage market

Fluence, as a storage technology company and not a battery manufacturer, is well positioned to ride the market’s evolution, CEO Manuel Perez Dubuc said during its first earnings call as a publicly-traded company.

By Jason Plautz • Dec. 10, 2021

US storage market breaks records with 3.5 GWh of new deployments in Q3

California, Texas and Arizona led the front-of-the-meter segment, which deployed 998 MW/3,198 MWh of installments last quarter. 

By Kavya Balaraman • Dec. 9, 2021

Explore the Trendline➔

Virtual Power Plants

Virtual power plants and their ability to balance energy supply and demand are increasingly sought by utilities as electricity demand increases, but their lack of standardization remains a barrier.

By Utility Dive staff

New York’s landmark Reforming the Energy Vision framework remains both vital and unfinished, analysts say

New York's REV initiatives have given full value to distributed energy resources, but the utility business model transformation must be finished, regulators and other stakeholders agreed.

By Herman K. Trabish • Dec. 9, 2021

Nuclear and carbon capture companies seek $20B as DOE revives loan program

DOE loan office head Jigar Shah said he would like the office to issue at least $2 billion in loans for key emerging sectors, such as battery recycling and "green" hydrogen.

By Ethan Howland • Dec. 8, 2021

Trends to watch in energy storage in 2022

By the end of 2030, the energy storage industry will break the 1 terawatt (TW) threshold. Wärtsilä's Vice President of Energy Storage and Optimization, Andrew Tang shares his thoughts on the trends we'll see unfold as a result.

By Andrew Tang, Vice President, Energy Storage and Optimization • Dec. 6, 2021

Xcel, Dominion dispute global utility assessment, say they are on track to meet 1.5 degree climate target

Of 50 electric utilities around the world assessed by CDP and its partners, only Orsted, EDP and AES Corp. are on track to reduce carbon emissions in line with a goal to limit global warming to 1.5 degrees, a report found.

By Emma Penrod • Dec. 2, 2021

US utility-scale solar, storage prices drop over 12% in past year, but supply chain worries loom: NREL

The National Renewable Energy Laboratory's annual report finds that U.S. solar and storage prices have dropped significantly, but researchers warn that rising raw materials costs could slow the reductions.

By Jason Plautz • Dec. 2, 2021

Hydrostor plans 4 GWh long-duration storage project in Southern California

The company will now navigate a public review process at the California Energy Commission and with other local, state and federal agencies.

By Kavya Balaraman • Dec. 2, 2021

At the forefront: The biggest state clean energy legislative trends of 2021

States continue to act as laboratories of innovation, taking unique policy approaches and testing their own solutions to various clean energy policy issues, the author writes.

By Autumn Proudlove • Nov. 24, 2021

Taking Charge: Kore Power CEO Lindsay Gorrill on building a battery manufacturing ecosystem in Arizona

The storage industry executive says building a domestic supply chain is essential to meeting the country's clean energy goals. 

By Jason Plautz • Nov. 24, 2021

Hydrostor advances 3.2 GWh energy storage project to help replace California's Diablo Canyon plant

While a portion of the project could be online as early as 2026, Hydrostor expects the full capacity of the Pecho facility to be available in 2027.

By Kavya Balaraman • Nov. 24, 2021

Long-duration energy storage should scale up 400x by 2040, bp, Siemens and ESS-backed group says

A report backed by energy and tech executives finds that global long-duration storage could reach 140 TWh by 2040 as part of an economy wide energy transition.  

By Jason Plautz • Nov. 23, 2021

Storage paired with renewables sees highest financial return with 2-hour batteries, Berkeley lab finds

Energy prices did not cover the costs associated with longer-duration batteries in an analysis of seven U.S. markets, according to researchers at the Lawrence Berkeley National Laboratory.

By Emma Penrod • Nov. 19, 2021

'The energy storage decade': Global market poised to reach 1 TWh by 2030, BNEF finds

The U.S. and China together are expected to represent over half of that deployment by 2030, with India, Australia, Germany, the U.K. and Japan also becoming top markets.

By Kavya Balaraman • Nov. 17, 2021

FERC approves ISO-NE's request to strip proposed Connecticut gas-fired power plant of capacity contract

The Federal Energy Regulatory Commission's Monday decision means NTE Energy's Killingly project won't be in ISO New England's capacity auction next month.

By Ethan Howland • Updated Jan. 5, 2022

Duke Energy eyes offshore wind, advanced nuclear, to meet NC decarbonization goals

Duke Energy CEO Lynn Good told analysts Thursday the company is exploring an array of options to meet North Carolina's new decarbonization goals.

By Scott Van Voorhis • Nov. 8, 2021

Unlocking the Transition: Biden, Congress aim to fill gap from clean electricity plan's demise

Sen. Joe Manchin's rejection of the plan has led to a scramble for potential alternatives, with a proposal by Reps. Kurt Schrader and David McKinley gaining support from major players in the utility sector.

By Scott Van Voorhis • Nov. 4, 2021

Engie abandons Hawaii solar+storage project over supply chain, tariff concerns

Hawaiian Electric says it does not expect other projects to fold amid the global supply chain crunch. 

By Jason Plautz • Nov. 3, 2021

Unlocking the Transition: As Tesla, Ford and others invest billions in EVs, will the power system be ready?

The new White House zero emission vehicle target of 50% of new car sales by 2030 has a long way to go, a short time to get there, and big challenges along the way.

By Herman K. Trabish • Nov. 3, 2021

COP26: Biden apologizes for US climate inaction, issues long-term plan for reaching net zero emissions

The plan asks the electric sector to eliminate emissions by 2035 through transmission upgrades, energy efficiency, storage and non-emitting generation, along with several other strategies.

By Robert Walton • Nov. 2, 2021

House passes Build Back Better, tees up Senate vote on funding for climate, clean energy and electric vehicles

The bill's passage comes days after President Joe Biden signed a bipartisan infrastructure bill that also boosts spending on shifting the U.S. away from fossil fuels.

By Ethan Howland • Updated Nov. 19, 2021

APS vows legal action after Arizona regulators deny cost recovery for $215.5M coal plant upgrades

Regulators approved the utility’s first rate decrease since 1996, while voting against full cost recovery for APS' investment in upgrades to a coal plant being closed earlier than initially planned.

By Scott Van Voorhis • Updated Nov. 3, 2021

Maine explores rate design changes to boost storage, EV deployment

The state must deploy 400 MW of energy storage by 2030, prompting regulators to explore time-of-use rates and other structures that could encourage residential and commercial deployment.

By Jason Plautz • Oct. 28, 2021

Wave of investment just the beginning for EV battery recycling

Within the last month, four lithium-ion battery recyclers saw a collective $255 million worth of investment and another one completed a merger. As existing EV batteries age out and new vehicles hit the market, demand is growing fast.

By Jacob Wallace • Oct. 28, 2021

Honeywell enters energy storage market, teams with Duke to test 12-hour flow battery tech

The conglomerate will test a 400 kWh flow battery at Duke's Mount Holly microgrid test bed. If successful, Honeywell plans to deploy a utility-scale pilot project of 60 MWh in 2023.

By Jason Plautz • Oct. 26, 2021