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Speaking Wednesday during an Energy Storage Association Policy Forum session, congressional staff and panel members were cautious to place climate and energy policy issues behind the need to help the American people though the COVID-19 crisis. Katherine Monge, senior counsel to House Speaker Nancy Pelosi (D-Calif.), said that, while Pelosi’s staff is thinking about immediate needs stemming from the pandemic, the climate crisis is a conversation that is always present.
Speaking Wednesday during an Energy Storage Association Policy Forum session, congressional staff and panel members were cautious to place climate and energy policy issues behind the need to help the American people though the COVID-19 crisis. Katherine Monge, senior counsel to House Speaker Nancy Pelosi (D-Calif.), said that, while Pelosi’s staff is thinking about immediate needs stemming from the pandemic, the climate crisis is a conversation that is always present.
Bringing middle America into the climate discussion requires focusing on the importance of resilience and job creation, said Gina McCarthy, President Joe Biden’s new climate advisor, speaking yesterday at a policy forum organized by the Energy Storage Association. McCarthy Gina McCarthy, national climate advisor to the White House “Look, we have to get the middle of the country understanding and active on climate. We need to show them what resilience looks like,” she said.
Faced with varying waves of energy storage resources, grid operators are taking steps to accommodate devices sitting in their interconnection queues. RTO Insider gives this briefin on the ESA Energy Storage Policy Forum.
The AES Corporation closed on a deal to finance Luna Storage, a 400-megawatt hour standalone lithium-ion battery storage project in Lancaster, Calif. in Los Angeles County. The transaction was closed by sPower, an Independent Power Producer (IPP), which merged to become part of AES’ clean energy business in January.
Battery plants have established themselves in the sunny Southwest, but this week was the first time they won big in New England. San Francisco-based developer Plus Power won two bids in the latest capacity auction held by the New England ISO, which operates the transmission grid and competitive power markets in six Northeastern states. That means that these two battery plants offered a compelling enough price to edge out some fossil fuel plants for delivering power on demand. And they did it without any help from federal tax credits because none of them apply to standalone batteries.
State regulators, regional transmission organizations (RTOs) and other stakeholders listed a too-short timeline as one of many challenges wholesale markets face in implementing a federal rule intended to bring more distributed energy resources (DERs) online. Though parties are generally supportive of the Federal Energy Regulatory Commission’s Order 2222, several expressed concerns during a National Association of Regulatory Utility Commissioners (NARUC) virtual session on Tuesday that the most difficult challenges of implementation were still ahead of them, and said they hoped the commission would give them more time to ensure they get the policy right.
Energy storage system integrator Powin Energy has gained equity investment which the company claimed will allow it to significantly improve its integrated software and hardware platform. The Oregon-headquartered company has also sold its controlling interest to the two investment groups involved, Trilantic North America and Energy Impact Partners and obtained equity funding which a company representative told Energy-Storage.news is “in excess of US$100 million”.
A US$70 million funding round has been successfully closed by Highview Power, a UK-headquartered company which has developed a liquid air energy storage (LAES) system called the ‘CRYOBattery.’
The U.S. Energy Storage Association (ESA), the national trade association for the American energy storage industry, hosted its seventh annual ESA Energy Storage Policy Forum virtually on Feb. 3-4, convening stakeholders from across the energy ecosystem for two days of critical discussions with nationally recognized policymakers and energy thought-leaders.
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