Energy Storage in the News
September 11, 2020
The energy storage facilities of the sparkling green future will run the gamut from massive infrastructure projects to Game Boy-sized hand held devices. Two examples just popped up on the radar this week, and they demonstrate how the technology itself can range from the simple law of gravity to, well, something a little more complicated.
Energy Storage in the News
September 11, 2020
Lucid Motors Inc., the electric-vehicle startup that has yet to build a production car, is following Tesla Inc.’s footsteps into the energy-storage business. The Newark, California-based company is developing home batteries — similar to Tesla’s Powerwall — and utility-scale devices, Chief Executive Officer Peter Rawlinson said in an interview. They will have the same battery-cell modules the company is installing in its debut EV.
Energy Storage in the News
September 11, 2020
Clean Power Alliance, one of California’s community choice aggregator (CCA) groups has signed a 15-year power purchase agreement (PPA) with developer 8minute Solar Energy for the output of a massive solar-plus-storage plant.
CCAs give residents in selected parts of the US the opportunity to choose where their power is sourced and how it is generated. Clean Power Alliance procures electricity generation from low carbon sources and utilises the electricity network infrastructure of Southern California Edison, one of the state’s three main investor-owned utility (IOU) groups, to deliver it.
Energy Storage in the News
September 11, 2020
NextEra Energy Resources, LLC, highlighted a suite of clean energy storage developments in the state that could nearly double the total installed capacity of battery storage available in the U.S. today. It plans to build nearly 700 MWs of fully-contracted battery storage projects in California before the end of 2022. The battery storage projects will be co-located at six existing NextEra Energy Resources solar projects and include the previously announced:
Energy Storage in the News
September 11, 2020
Microgrid projects on three different continents that include multiple megawatts of battery storage alongside renewable energy have been announced in the past few days from well-known industry players. Fluence is building a project in the Azores, Rolls-Royce Power Systems is building a project in the Cook Islands, and Duke Energy and Ameresco are partnering for an Army project at Fort Bragg, North Carolina.
Energy Storage in the News
September 11, 2020
The US industry deployed 168MW / 288MWh of energy storage in the second quarter of this year, the second highest quarterly figures on record, according to Wood Mackenzie Power & Renewables. The market research and analysis firm has just issued its latest quarterly US Energy Storage Monitor, produced in cooperation with the national Energy Storage Association industry group.
Energy Storage in the News
September 11, 2020
IHI Energy Storage has incorporated as IHI Terrasun Solutions, Inc. (Terrasun), a wholly owned subsidiary of IHI Americas Inc. (IAI). IHI Corporation (IHI), a parent company of IAI, has a continued financial investment in the venture and provides ongoing support and guidance to the newly established Terrasun. Terrasun expands upon the work of IHI Energy Storage by providing customers with integrated solar + storage lifecycle services and solutions grounded in advanced software and hardware. With 320+ MWh of energy storage installed and contracted across North America, Terrasun is positioned to advance energy storage in the region. Over 70% of these projects are solar + storage, with the majority using DC-coupled technology, which highlights Terrasun’s core expertise.
Energy Storage in the News
September 11, 2020
Last month, New York state grid operator NYISO officially started offering batteries and other energy storage resources a novel opportunity: a chance to earn money as both wholesale and retail energy resources, not just one or the other.
On August 26, NYISO enabled the software to allow batteries, pumped hydro facilities and other storage resources to submit offers to buy and sell energy in its real-time and day-ahead markets, and provide fast-responding ancillary services like frequency regulation to keep the grid stable. It also opened up its Installed Capacity market auctions to storage resources, giving them a chance to offer their services to support grid reliability during times of peak electricity demand.
“NYISO is blazing a trail for dual use of storage in wholesale and retail service, pursuant to Order 841,” said Jason Burwen, vice president of policy at the Energy Storage Association trade group. But as ISOs and RTO implement the changes Order 841 requires, “a lot of focus is shifting to, how do these markets actually work when you bring storage to them?”
Energy Storage in the News
September 09, 2020
The New York Independent System Operator (NYISO) Sept. 8 announced it would allow full participation of energy storage resources in NYISO’s wholesale energy markets.
NYISO’s action is in response to the Federal Energy Regulatory Commission’s Order 841, directing regional transmission organizations (RTOs) and independent system operators (ISOs) to remove barriers to energy storage from participating in energy, capacity, and ancillary service markets, Richard Dewey, NYISO president and CEO, said.
Energy Storage in the News
September 09, 2020
The story of residential rooftop solar is one of liberation. Confronted with high module prices, early PV adopters experienced significantly longer payback periods – it was not unheard of for homeowners to be making monthly finance payments higher than their utility bills. But consumers were motivated, seeking independence from the stranglehold that electricity providers had on them with ever-increasing utility rates.
