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The Federal Energy Regulatory Commission (FERC) on Thursday gave its first two approvals to grid operator plans to implement its energy storage order. PJM Interconnection will implement most of its plan by Dec. 3, while participating in a separate proceeding to evaluate the fairness of its 10-hour duration requirements for storage to participate in its market. Southwest Power Pool will implement its plan in nine months, as FERC regulators approved extra time for the grid operator to implement a new settlement management system.
“FERC’s decision today that PJM must place rules regarding the capacity qualification of energy storage resources in its tariff is a tremendous step in fully removing barriers to energy storage in wholesale markets,” said ESA CEO Kelly Speakes-Backman. “Further, ESA is pleased to see FERC open a new proceeding on PJM’s proposed 10-hour duration requirement for qualifying energy storage capacity.”
Energy storage is a sector marked by continuous technological development – and given the challenges created by our rapidly transforming energy systems, it needs to be. But how do innovations move from idea to reality? Specifically, what kind of environments are needed to nurture new technologies and approaches, and how do they interact with existing supports?
Researchers in Chicago have developed a world first fully rechargeable lithium-carbon dioxide battery, an achievement they claim could pave the way for the use of the greenhouse gas in advanced energy storage systems.
Ask people how they segment the energy storage industry, and you’ll often hear them divide it between customer-sited or behind-the-meter storage and “utility-“or “grid-scale storage.” But if you then ask them what they mean by “utility-scale,” you can’t get a clear answer. Is it 5 MW, 10 MW, more than 20 MW? Do they mean “front-of-meter”? Or connected to the bulk transmission system? No, we’re not calling for the end of the large-scale storage industry. We’re saying that distributed, smaller-scale storage can provide all the same value to the grid that large-scale storage can and should be explicitly encouraged to compete on playing fields that policymakers have leveled everywhere.
Independent global private asset management firm Capital Dynamics and US-based independent solar and storage developer 8minute Solar Energy have completed the 121MW Springbok 3 Solar Farm. Springbok 3, now operational, is the third and final phase in the Springbok cluster, which is a 448MW installation located in Kern County, California. This phase includes a 1.5 MWh Li-ion system battery.
KORE Power, a leading developer of high density, high voltage energy storage solutions, announces that it has retained CohnReznick Capital as its investment banker to advise the Company on a private equity placement to support continued growth and business development.
The islands of the Caribbean have been focusing on the deployment of storage solutions, minigrids and microgrids in response to the damage their power systems suffered during the 2017 hurricane season.
Heliox has prepared a battery-supported opportunity charging station for electric buses and e-trucks. Called SprintCharge, the pantograph equipment includes a stationary battery for storage to enable the high power charges without disrupting the grid.
Duke Energy Carolinas is partnering with Anderson County, S.C., to build an energy storage project at the Anderson Civic Center that will be part of the company’s long-term strategy to integrate battery technology into the smart-thinking grid it is building in the Carolinas. The battery project will also provide power to a facility that is critical during emergency situations, such as being the site of a hurricane evacuation shelter. This project is part of the company’s ongoing plans to invest $500 million in battery storage projects across the Carolinas over the next 15 years.
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