Energy Storage
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PG&E gets $15B loan guarantee from DOE for hydropower, battery buildout
The gas and electric utility company expects the deal to close before President-elect Donald Trump takes office in January.
By Lamar Johnson • Dec. 19, 2024 -
Energy Vault, RackScale partner on 2 GW/20 GWh of data center batteries
Energy Vault’s modular, “battery agnostic” B-Nest system has more than eight times the energy density of traditional systems, which makes it a good fit for space-constrained urban areas, the company says.
By Brian Martucci • Dec. 17, 2024 -
Trendline
Top 5 Stories from Utility Dive
The U.S. energy transition is facing challenges around grid interconnections, project permitting and power system reliability, but state, federal and other solutions are emerging.
By Utility Dive staff -
US energy storage deployments hit record 3.8 GW in Q3, led by Texas, California: report
The energy storage sector is having its best year but “it will be difficult to keep this pace,” said Nina Rangel, senior research analyst at Wood Mackenzie.
By Robert Walton • Dec. 13, 2024 -
Convergent lands $150M in financing for distributed solar, storage projects
The funding will speed development of more industrial-scale distributed energy projects, CEO Johannes Rittershausen said.
By Brian Martucci • Dec. 12, 2024 -
Treasury finalizes ITC rules, providing clarity to solar, storage, other clean energy sectors
“The updates and expansion of ITC create important clarity and strong market signals to invest in a variety of energy projects in the U.S.,” said Lisa Jacobson, president of the Business Council for Sustainable Energy.
By Diana DiGangi • Dec. 11, 2024 -
Google, Intersect Power to develop co-located energy parks with $20B of renewables, storage
Energy parks can provide grid services, but they face regulatory challenges, including uncertainty around the rules for co-located load, according to Energy Innovation.
By Ethan Howland • Dec. 11, 2024 -
Texas storage deployment saved at least $750M since 2023: ACP
Approximately 5 GW of new capacity added since last year has improved reliability while lowering electricity prices on the ERCOT grid, the American Clean Power Association said Monday.
By Brian Martucci • Dec. 10, 2024 -
Sponsored by Wärtsilä Energy Storage and Optimisation
Unlocking maximum efficiency and control in GWh-scale energy storage projects
As BESS sites expand beyond 1 GWh in capacity, sophisticated software is maximizing usable energy and expanding revenue generation streams.
By Ruchira Shah, General Manager, Software Product Management, Wärtsilä Energy Storage & Optimisation (ES&O) • Dec. 9, 2024 -
Eos Energy lands $304M DOE loan for battery plant expansion
The long-duration battery company says it has a $589 million, 2.3-GWh order backlog and $14.2 billion, 59-GWh commercial pipeline.
By Ethan Howland • Dec. 3, 2024 -
e-Storage subsidiary to build $712M plant in Kentucky
Shelbyville Battery Manufacturing is establishing a cell, module and packaging facility and is set to begin production in 2025.
By Sara Samora • Dec. 2, 2024 -
Duke pauses consideration of DOE loan program with Trump election, new Congress
Given the uncertainties around future Department of Energy lending, it makes sense to delay a review of potential benefits from the Energy Infrastructure Reinvestment program, Duke Energy told North Carolina regulators.
By Ethan Howland • Dec. 2, 2024 -
Sponsored by Hitachi Energy
Powering precision: How Hitachi Energy’s Nostradamus AI is revolutionizing forecasting for the energy industry
Discover how AI-driven forecasting is transforming energy management for a sustainable future.
By Bret Toplyn, Director of Product Management, Energy Analytics, Business Unit Grid Automation, Hitachi Energy • Dec. 2, 2024 -
Deep Dive
EPRI, Kraken advance DER interoperability standards to boost virtual power plant deployment
“Without interoperability standards, VPPs cannot reach scalability, affordability, and reliability as soon or as efficiently as they will be needed,” said Arshad Mansoor, CEO of the Electric Power Research Institute.
By Herman K. Trabish • Nov. 27, 2024 -
2024 Elections
2024 election: US electric power sector impacts
The U.S. energy transition continues, but the shape and pace of change will be significantly impacted by the results of the federal election — for some issues more than others.
By Larry Pearl , Diana DiGangi , Robert Walton , Ethan Howland • Nov. 27, 2024 -
Element Energy commissions 53-MWh second-life battery energy storage project in Texas
The company will partner with LG Energy Solution Vertech to deliver turnkey battery energy storage system installations as it works to deploy 2 GWh of second-life batteries, Element said Nov. 21.
By Brian Martucci • Nov. 26, 2024 -
New Jersey proposes incentives for grid-connected, distributed energy storage
The New Jersey Storage Incentive Program could provide up to $400/kWh in initial benefits for eligible behind-the-meter storage systems, the public utility board said Nov. 12.
By Brian Martucci • Nov. 19, 2024 -
Salt River, APS sign up for 300 MW of storage from EDP Renewables, Strata Clean Energy
Arizona ranked second among states for energy storage installations in the second quarter this year, with 690 MW that could produce 2,600 MWh per full discharge, according to Wood Mackenzie.
By Ethan Howland • Nov. 19, 2024 -
Sponsored by OpenText
Digital twins reimagined at scale for utilities
Digital twins of assets will play an increasing role in helping improve operational efficiency.
By Phil Schwarz • Nov. 18, 2024 -
2024 Elections
Potential Trump policies pose risks for US storage sector, with Musk impact uncertain, analysts say
Higher battery material tariffs and phased-down IRA tax credits could result in a 15% drop in U.S. storage deployment through 2035 in a “worst-case” scenario, BNEF analysts said.
By Brian Martucci • Nov. 12, 2024 -
Rivian locks in 5-year battery deal with LG Energy Solution
The U.S.-based electric vehicle maker’s agreement shores up its domestic supply chain.
By Larry Avila • Nov. 12, 2024 -
DOE earmarks nearly $150M for 67 clean tech projects at federal facilities
The Assisting Federal Facilities with Energy Conservation Technologies program grants will save a combined $41.7 million in energy and water costs annually, the Energy Department said.
By Brian Martucci • Nov. 11, 2024 -
Sponsored by Wärtsilä Energy Storage and Optimisation
Mitigating environmental and community impact to support energy storage growth
By proactively enhancing fire safety measures and reducing noise and greenhouse gas emissions, energy storage asset owners and operators can support long-term growth while contributing to environmental sustainability.
By Darrell Furlong, Director of Product Management & Hardware Engineering at Wärtsilä Energy Storage & Optimisation • Nov. 11, 2024 -
DOE awards Moment Energy $20.3M to repurpose used EV batteries for energy storage systems
Moment plans to break ground early next year on a 1-GWh Texas factory, which would be “the first UL1974 Certified manufacturing facility in the U.S. dedicated to repurposing EV batteries,” the company said.
By Brian Martucci • Nov. 6, 2024 -
2024 Elections
Trump win is ‘setback’ for climate protection, but clean energy advocates say progress will continue
Trump’s victory means a Republican will be selected to lead FERC, which will likely work to rein in transmission incentives, said Tyson Slocum, director of Public Citizen's Energy Program.
By Robert Walton • Nov. 6, 2024 -
Redoxblox raises $40.7M to commercialize long-duration thermochemical storage technology
The company’s non-lithium, high-temperature batteries can provide up to 24 hours of grid-scale energy storage and reduced-carbon heat for industrial applications, it says.
By Brian Martucci • Nov. 5, 2024