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Southern California Edison (SCE) announced on Tuesday a program that will allow up to 300 customers to create a distributed solar-plus-storage network through Sunrun’s Brightbox home energy system that the utility can call on over the next year during peak demand times. The virtual power plant has an undisclosed potential capacity and is an SCE pilot program, after which similar offerings could be made with other solar and storage providers.
The fund screens startups for gigaton-level carbon-reduction potential. A new fund is channeling philanthropic dollars into early-stage clean technology investments in the hopes of catalyzing major climate-change impacts. The Prime Impact Fund closed a $50 million raise in recent weeks and has already made eight investments. The fund uses an unusual structure: It screens prospective investments for their carbon-reduction potential in order to direct investment to high-impact technology companies that might struggle to find funding through conventional means.
A recent request by the Minnesota Public Utilities Commission (PUC) and the Department of Commerce to get utilities involved in the state’s economic recovery process prompted Xcel Energy to propose the acceleration of nearly $3 billion in energy investments, highlighting the importance of regulatory signals for utility-led job creation initiatives.
The U.S. Energy Storage Association (ESA), the national trade association for the American energy storage industry, is partnering with the Edison Electric Institute (EEI) and the Electric Power Research Institute (EPRI) for this year’s virtual Energy Storage Annual Conference and Expo (#ESACon20) that is taking place August 24-27. The collaboration brings together the implementers, manufacturers, utility, research and development and services segments of the energy storage industry through an innovative and unique conference platform.
ABB has been selected by American shipbuilding company Vigor to provide a hybrid-electric propulsion and energy storage system for the newest additions to the Washington State Ferries fleet. The new Olympic-class ferries will have the capacity to carry 144 cars and 1,500 passengers each. The initial vessel of the series is scheduled for delivery in 2024 and will the first newbuild in Washington State Ferries’ fleet to feature hybrid-electric propulsion and a high-capacity energy storage system. The ships will be able to fully operate on battery power, with the capability to revert to hybrid mode.
MIT scientists have suggested used electric vehicle batteries could offer a more viable business case than purpose-built systems for the storage of grid scale solar power in California. Such ‘second life’ EV batteries, may cost only 60% of their original purchase price to deploy and can be effectively aggregated for industrial scale storage even if they have declined to 80% of their original capacity.
Li-ion battery technology is maturing, but is a relatively new technology compared with lead-acid batteries and is a significant improvement as it offers high energy density, high efficiency, long-cycle life, and lower maintenance. These batteries work on an electrolysis model with lithium metal oxide cathode and graphitic carbon anode placed in an electrolyte made up of lithium salts dissolved in organic carbonates.
8minute Solar Energy (8minute) announced that the company has executed a power purchase agreement (PPA) with Monterey Bay Community Power Authority (MBCP) and Silicon Valley Clean Energy (SVCE), marking 8minute’s first contract with Community Choice Energy (CCE) providers. The 250-megawatt (250 MWdc / 200 MWac) Aratina Solar Center includes 150 megawatt-hours (MWh) of energy storage and will provide enough power for 93,000 homes.
Fluence, a Siemens and AES company, today unveiled its sixth-generation energy storage technology stack combining factory-built hardware, advanced software and data-driven intelligence. Drawing on more than 12 years of industry leadership and innovation, the new technology is changing the way energy storage systems are built and operated — making them simpler, safer, faster and more cost-effective to deploy at scale.
California utilities are ahead of much of the world in the transition to clean technology. They have a lot more rooftop solar power on the grid than many places, and they’re led by progressive voters and politicians. There is no waffling on battery energy storage for these big dogs at this point. They’re all in.
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