Energy Storage: Page 6
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Texas storage deployment saved at least $750M since 2023: ACP
Approximately 5 GW of new capacity added since last year has improved reliability while lowering electricity prices on the ERCOT grid, the American Clean Power Association said Monday.
By Brian Martucci • Dec. 10, 2024 -
Sponsored by Wärtsilä Energy Storage and Optimisation
Unlocking maximum efficiency and control in GWh-scale energy storage projects
As BESS sites expand beyond 1 GWh in capacity, sophisticated software is maximizing usable energy and expanding revenue generation streams.
By Ruchira Shah, General Manager, Software Product Management, Wärtsilä Energy Storage & Optimisation (ES&O) • Dec. 9, 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 -
Eos Energy lands $304M DOE loan for battery plant expansion
The long-duration battery company says it has a $589 million, 2.3-GWh order backlog and $14.2 billion, 59-GWh commercial pipeline.
By Ethan Howland • Dec. 3, 2024 -
e-Storage subsidiary to build $712M plant in Kentucky
Shelbyville Battery Manufacturing is establishing a cell, module and packaging facility and is set to begin production in 2025.
By Sara Samora • Dec. 2, 2024 -
Duke pauses consideration of DOE loan program with Trump election, new Congress
Given the uncertainties around future Department of Energy lending, it makes sense to delay a review of potential benefits from the Energy Infrastructure Reinvestment program, Duke Energy told North Carolina regulators.
By Ethan Howland • Dec. 2, 2024 -
Sponsored by Hitachi Energy
Powering precision: How Hitachi Energy’s Nostradamus AI is revolutionizing forecasting for the energy industry
Discover how AI-driven forecasting is transforming energy management for a sustainable future.
By Bret Toplyn, Director of Product Management, Energy Analytics, Business Unit Grid Automation, Hitachi Energy • Dec. 2, 2024 -
Deep Dive
EPRI, Kraken advance DER interoperability standards to boost virtual power plant deployment
“Without interoperability standards, VPPs cannot reach scalability, affordability, and reliability as soon or as efficiently as they will be needed,” said Arshad Mansoor, CEO of the Electric Power Research Institute.
By Herman K. Trabish • Nov. 27, 2024 -
2024 Elections
2024 election: US electric power sector impacts
The U.S. energy transition continues, but the shape and pace of change will be significantly impacted by the results of the federal election — for some issues more than others.
By Larry Pearl , Diana DiGangi , Robert Walton , Ethan Howland • Nov. 27, 2024 -
Element Energy commissions 53-MWh second-life battery energy storage project in Texas
The company will partner with LG Energy Solution Vertech to deliver turnkey battery energy storage system installations as it works to deploy 2 GWh of second-life batteries, Element said Nov. 21.
By Brian Martucci • Nov. 26, 2024 -
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 -
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 -
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