Energy Storage in the News
December 19, 2019
“The inclusion of an energy storage target in the Virginia Clean Economy Act will ensure that the Commonwealth is able to reliably and affordably meet its clean energy and environmental goals,” said Kelly Speakes-Backman, CEO of the U.S. Energy Storage Association.
Energy Storage in the News
December 19, 2019
More batteries installed. More markets opening up. And grid storage making itself indispensable in unanticipated ways. For too long, the rhetoric around what storage can do for the grid vastly outweighed the actual doing. This year, the industry closed that gap more than ever before.
Energy Storage in the News
December 19, 2019
Texas is carving out a leadership position in adopting large-scale battery storage as battery prices fall, technology improves and electricity demand grows, potentially paving the way for renewable power to dominate the state’s energy mix.
Energy Storage in the News
December 19, 2019
“We are disappointed in the tax provisions announced this morning that omitted a provision for stand-alone energy storage,” said Kelly Speakes-Backman, CEO of the U.S. Energy Storage Association. “This was a clear opportunity for Congress to address the urgent challenges of climate change and to support clean energy innovation. The Energy Storage Incentive and Deployment Act of 2019 is a bipartisan measure to level the playing field for energy storage technologies that enable a more resilient, efficient and sustainable grid.”
Energy Storage in the News
December 19, 2019
The U.S. Energy Storage Association (ESA) today published U.S. Energy Storage Operational Safety Guidelines, which provides energy storage businesses and users a compendium of codes, standards, and additional guidelines to plan for and mitigate wide-ranging potential operational hazards.
This is the latest resource to come from ESA’s years-long effort to advance industry safety strategies, which culminated in the April 2019 announcement of an Energy Storage Corporate Responsibility Initiative (CRI) Task Force and Corporate Responsibility Pledge. Currently, nearly 60 signatories have taken the safety and responsibility pledge, including dozens of companies that have contributed plans and guidelines to this latest safety and planning guide.
Energy Storage in the News
December 19, 2019
Key senators indicated yesterday they intend to revive the push for clean energy tax breaks in 2020, after the Trump administration torpedoed a broader tax deal allegedly struck by congressional negotiators that would have included more incentives sought by Democrats in the talks.
Energy Storage in the News
December 19, 2019
Highview Power Storage, Inc. and Encore Renewable Energy today jointly announced plans to develop the United States’ first long duration, liquid air energy storage system. This facility will be a minimum of 50MW, provide in excess of eight hours of storage (400MWh) and will be located in northern Vermont. The project is the first of many utility-scale, liquid air energy storage projects that Highview Power plans to develop across the United States to help scale up renewable energy deployment. The Vermont facility will contribute to resolving the longstanding energy transmission challenges surrounding the state’s Sheffield-Highgate Export Interface (SHEI) and enable the efficient transport of excess power from renewable energy sources, such as solar and wind power to help integrate them on the power grid.
Energy Storage in the News
December 16, 2019
The world’s largest fund manager, BlackRock, just closed $1 billion of a record $2.5 billion fund dedicated to solar, wind, and energy storage projects. BlackRock’s Global Renewable Power III fund has commitments from over 35 institutional investors in North America, Europe and Asia and “reflects strong investor demand for renewable power assets,” according to a release.
Energy Storage in the News
December 16, 2019
Lockheed Martin announced today a teaming agreement with TC Energy in which the two companies will identify and develop large-scale, long-duration energy storage projects using GridStar® Flow, Lockheed Martin’s innovative flow battery technology. This cutting-edge energy storage system is capable of storing six to 12 hours or more of energy and dispatching it as needed.
Energy Storage in the News
December 12, 2019
If the energy industry was a solar system, energy storage might very well be the sun. At least, that’s the perspective of Kelly Speakes-Backman, CEO of the Energy Storage Association (ESA) and featured luminary speaker at DISTRIBUTECH International next month in San Antonio, Texas. Speakes-Backman recently talked with POWERGRID about her work at the ESA and where she sees the future of energy storage.
