Energy Storage: Page 5
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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 -
Explore the Trendline➔
Kyoshino via Getty ImagesTrendlineVirtual 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 -
Retrieved from Redoxblox on November 05, 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 -
Retrieved from U.S. Geological Survey.
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 -
"Empire State Building & Con Ed East River Station @ Stuyvesant, Manhattan, NYC" by Axel Taferner is licensed under CC BY-SA 2.0
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 -
Sponsored by Energy Exemplar
Why decarbonization, reliability and affordability depend on co-optimized planning
Holistic planning can highlight opportunities for gas and power systems to optimize their interdependence, as well as help avoid dangerous disruptions in supplies of energy.
Oct. 7, 2024 -
Hyundai, Kia launch advanced battery technology project
To better compete in the EV market, the automakers plan to jointly develop lithium iron phosphate battery cathode material manufacturing technology in South Korea.
By Haley Cawthon • Oct. 2, 2024 -
Hybrid power plants account for majority of proposed US solar, storage capacity: LBNL
Future hybrid power plants’ storage capacity is likely to grow alongside renewables penetration, Lawrence Berkeley National Laboratory researchers said Monday during a webinar.
By Brian Martucci • Oct. 1, 2024 -
Utility conferences to watch in 2025
We’ve updated our conferences to watch list, with events on virtual power plants, nuclear energy, load management and more.
By Larry Pearl, Ethan Howland, Robert Walton, Diana DiGangi • Updated Jan. 6, 2025 -
PJM says ‘concerns are growing’ after less than 2 GW added this year
“I can assure you … we very much want to bring our projects to completion and are working very diligently in doing so,” VC Renewables’ Jason Barker said.
By Ethan Howland • Sept. 26, 2024 -
Energy storage underused as transmission asset amid unresolved questions, experts say
The Federal Energy Regulatory Commission allows storage to be used as a transmission asset, but regulatory and use-case uncertainty hold back deployment, a panel organized by Heatmap Labs said.
By Brian Martucci • Sept. 24, 2024 -
The image by Peretzp is licensed under CC BY-SA 3.0
PJM market design flaws add billions to latest capacity auction costs: market monitor
A switch in how PJM measures power plant availability, one of several market issues flagged by Monitoring Analytics, increased capacity costs by $4.4 billion compared to its previous approach.
By Ethan Howland • Sept. 24, 2024