Energy Storage in the News
July 07, 2020
“Today, a historic event occurred as the Moving Forward Act passed the U.S. House of Representatives, with the first-ever provision for a stand-alone storage investment tax credit (ITC),” said U.S. Energy Storage Association CEO Kelly Speakes-Backman.
Energy Storage in the News
July 07, 2020
Siemens Energy and EnergyNest have entered into a long-term partnership to develop thermal energy storage solutions for industrial customers. The two companies are exploring the use of excess renewable electricity to charge a thermal battery, which would in turn release steam when needed to provide power — lowering the plant’s natural gas demand, while increasing flexibility.
Energy Storage in the News
June 29, 2020
As the CEOs of America’s leading renewable and clean energy associations, we believe it’s time to examine our paths toward the future. Working together, we can bring about a market transformation to build a strong, resilient U.S. electric grid that derives more than half its power from clean energy by the end of the decade.
How do we get there? The truth is that we’ve already started, and both momentum and demand are building.
Energy Storage in the News
June 26, 2020
BY ABIGAIL ROSS HOPPER , TOM KIERNAN , KELLY SPEAKES-BACKMAN & MALCOLM WOOLF
As the CEOs of America’s leading renewable and clean energy associations, we believe it’s time to examine our paths toward the future. Working together, we can bring about a market transformation to build a strong, resilient U.S. electric grid that derives more than half its power from clean energy by the end of the decade.
How do we get there? The truth is that we’ve already started, and both momentum and demand are building.
Solar and wind power are each committed to producing 20 percent of the nation’s energy by 2030, and hydropower has charted a course to reach an additional 50 GW of power produced by 2050. Energy storage is projected to reach 100 GW of new energy storage by 2030, enabling at least a 50 percent renewable and clean energy future. These targets are ambitious, measurable, and attainable. And with aggressive, forward-thinking policies in place to support this vision, that is just the beginning of what’s possible.
In many ways, the COVID-19 pandemic and the fight for racial justice playing out across the country have required us to pause and consider what our future holds. We believe that by committing to a clean, renewable, and affordable shared vision, we can cut emissions while playing a crucial role in our nation’s social and economic recovery.
Each of our industries — solar, hydropower, wind and energy storage — has its own story to tell. But we are united behind four common principles that drive all our efforts: significant carbon reductions; a resilient, efficient, sustainable, and affordable grid that produces low-cost energy; fair market competition; and active collaboration.
Energy Storage in the News
June 24, 2020
We greatly appreciate the House of Representatives’ leadership with the inclusion of energy storage in the Moving Forward act with the following three major areas of relief and stimulus:
Now more than ever, these common-sense, forward-looking policies with bipartisan and bicameral support are crucial,” said Kelly Speakes-Backman, CEO of the U.S. Energy Storage Association. “The progress the energy storage industry is making to foster resilient, efficient, sustainable and affordable electric service is being threatened by the devastating impacts of COVID-19. Energy storage companies are facing widespread project delays, reduced revenues, and the potential of lost jobs.
Energy Storage in the News
June 23, 2020
Storage company Fluence was selected for 800 MW, 2,300 MWh worth of projects for its newest energy storage technology “stack,” equipped with a modular building block “cube” and machine learning, the company announced Tuesday.
The demand for the technology is indicative of a rapidly growing storage market, where a large number of independent power producers and utilities are building and installing storage systems, Jason Burwen, vice president of policy at the Energy Storage Association (ESA), told Utility Dive
“We never want to lose sight of the fact that businesses have the running room to do these kinds of innovations when they have a lot of customers and demand,” he said, adding that it’s important to reduce policy barriers to deploying these assets.
Energy Storage in the News
June 23, 2020
Eos Energy Storage, the leading manufacturer of safe, low-cost and long-duration zinc battery storage systems, is proud to announce plans to deploy its latest technology battery energy storage system (BESS) in partnership with the California Energy Commission(CEC). The BESS will be used to evaluate performance across multiple utility energy storage use cases. In light of the wildfires impacting much of California in recent years, non-flammable, non-combustible batteries like the one made by Eos provide a way for the state to continue to install more grid-connected battery storage capacity without exacerbating the risk or severity of fires.
Energy Storage in the News
June 23, 2020
Construction is beginning on the world’s largest liquid air battery, which will store renewable electricity and reduce carbon emissions from fossil-fuel power plants. The project near Manchester, UK, will use spare green energy to compress air into a liquid and store it. When demand is higher, the liquid air is released back into a gas, powering a turbine that puts the green energy back into the grid. The new liquid air battery, being developed by Highview Power, is due to be operational in 2022 and will be able to power up to 200,000 homes for five hours, and store power for weeks.
Energy Storage in the News
June 23, 2020
Tesla Inc., General Motors Co. and one of China’s biggest battery companies are approaching a milestone that some say could revolutionize transportation and the grid — the development of electric car batteries that last a million miles.
“The concept of a million-mile battery is really a description of a service life of a battery,” said Jason Burwen, vice president of policy at the Energy Storage Association. “How many years does the battery perform at or near its rated capacity?”
Energy Storage in the News
June 23, 2020
Seven states in the US have now put some kind of public policy in place that recognizes the role that energy storage will play in their future, lower carbon energy system. The US national Energy Storage Association’s policy director, Jason Burwen, spoke with Andy Colthorpe about the seven early adopter states and whether this is likely to be a spreading pattern across the country.
