Energy Storage: Page 15
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Retrieved from Department of Energy on October 08, 2021
Inflation Reduction Act could shift EV battery composition: BofA Global
Global markets for critical materials are likely to remain tight. “We expect virtually every commodity to be undersupplied beyond 2025,” new research from BofA Global states.
By Robert Walton • Aug. 30, 2022 -
PG&E, Tesla virtual power plant delivers 16.5 MW to California grid amid calls for energy conservation
In a tweet, PG&E Corp. CEO Patti Poppe said that “the world’s largest distributed battery sure did put on a show!”
By Kavya Balaraman • Aug. 23, 2022 -
Explore the Trendline➔
Chuck Schug Photography via Getty ImagesTrendlineTop 5 Stories from Utility Dive
The U.S. clean energy transition is expected to accelerate in 2024 but faces question around transmission, financing, federal elections and other issues.
By Utility Dive staff -
Deep Dive
DOE to attack CO2 emissions with billions in funding from inflation reduction, infrastructure laws
The Energy Department wants big R&D spending to have CO2 reduction tools ready by 2030, but clean energy advocates see it delivering wealth and prolonged life to fossil fuels and slowing renewables deployment.
By Herman K. Trabish • Aug. 22, 2022 -
Energy Vault, Jupiter Power enter contracts for storage projects totaling 220 MWh in California and Texas
The two projects, expected to come online 2023, will provide dispatchable capacity in two electricity markets that have experienced blackouts and faced other reliability-related challenges in recent years.
By Kavya Balaraman • Aug. 16, 2022 -
Utility leaders hail clean energy tax incentives as House sends historic climate bill to Biden’s desk
The bill's 15% minimum corporate tax could ding some investor-owned utilities, however.
By Ethan Howland • Aug. 15, 2022 -
Sponsored by Convergent Energy + Power
Solar-plus-storage: 3 reasons why they’re better together
Adding storage to your commercial on-site solar power asset is a numbers game. When you save on your overall electricity bill, you definitely come out ahead.
Aug. 15, 2022 -
Solar + storage breaks out in 2021 with installed hybrid systems surpassing standalone storage: LBNL
Hybrid photovoltaics and storage make up about 42%, or 285 GW, of interconnection queues, Lawrence Berkeley National Laboratory researchers said in a report Wednesday.
By Ethan Howland • Aug. 11, 2022 -
US on track to be a 27 GW annual storage market by 2031: Wood Mackenzie
While long-term growth looks strong, Wood Mackenzie expects a slowdown this year and in 2023 because of disruptions caused by the Department of Commerce’s solar panel antidumping investigation.
By Elizabeth McCarthy • Aug. 9, 2022 -
Senate passes Inflation Reduction Act with $369B in energy and climate spending
The House of Representatives is scheduled to vote Friday on the bill, which includes major tax credit provisions to spur emissions-free energy, electric vehicles, nuclear power and clean hydrogen, among other things.
By Ethan Howland • Aug. 8, 2022 -
Retrieved from Pixabay on January 18, 2022
DOE offers $26M for projects showing how grid can run on all renewables, storage
The Department of Energy aims to show how inverter-based resources can provide key grid services like voltage support and frequency stability.
By Ethan Howland • Aug. 4, 2022 -
US storage providers increasingly use price arbitrage strategies to maximize income: EIA
Grid-scale storage arbitrage reflects an expanded market for storage providers, with the strategy playing the biggest role in California.
By Elizabeth McCarthy • Aug. 3, 2022 -
Deep Dive
NextEra’s ‘game-changing’ Real Zero emissions goal spurs questions about hydrogen, demand-side management
NextEra, the world’s biggest IOU by market cap, wants a “real” reduction of all carbon emissions by FPL, its regulated subsidiary, with solar, batteries and green hydrogen, but it will go without much help from the demand side.
By Herman K. Trabish • Aug. 3, 2022 -
Sponsored by DEPCOM Power
Energy storage strategies for island power
Islands boost grid resiliency with smart, actionable strategies for energy storage success. Holistic planning, system optimization, and future-proofing systems for extreme weather can maximize BESS revenue and ROI.
By Greg Weyl, VP of Business Development, and Nadja Gocek, Strategic Director of Energy Storage at DEPCOM Power • Aug. 1, 2022 -
With Manchin’s support, Democrats unveil bill with $369B in energy, climate spending
The legislation invests in hydrogen, nuclear and renewable energy, fossil fuel and energy storage technologies, according to West Virginia Democrat, Sen. Joe Manchin.
By Ethan Howland • July 28, 2022 -
New Bloom Energy fuel cell factory expected to produce over 1 GW a year amid rising reliability threats
The $200 million facility will help Bloom meet the growing demand for its fuel cells to provide power during outages and periods of intense demand on the grid.
By Elizabeth McCarthy • July 26, 2022 -
DOE announces $2.5B loan to GM, LG Energy JV to support EV growth as US battery manufacturing heats up
The conditional loan commitment to General Motors and LG-backed Ultium Cells builds on a trend of automakers partnering to manufacture EV batteries.
By Robert Walton • July 26, 2022 -
Sponsored by Sungrow
A first look at the technology pushing battery storage forward
At Sungrow we are discovering new energy storage technology, allowing battery power to become a greater part of the grid.
July 25, 2022 -
Tesla energy storage deployments fall 11% in Q2 amid supply chain challenges
The drop in energy storage deployments year over year is mainly due to semiconductor-related challenges, according to the company.
By Kavya Balaraman • July 21, 2022 -
Intense heat pushing Texas grid to the brink highlights need for long-duration storage, experts say
A range of energy storage technologies is necessary to protect against grid instability across the U.S., with public and private funding as well as new tools offering much promise, panelists at an Our Energy Policy webinar said.
By Elizabeth McCarthy • July 19, 2022 -
Pending copper shortfall threatens energy transition, greenhouse gas reduction goals: S&P Global
Even assuming record levels of mining and recycling, there won’t be enough copper to meet the needs of electric vehicles and other components of the energy transition, according to a report released Thursday.
By Ethan Howland • July 15, 2022 -
Offshore wind developer Equinor to acquire battery company East Point Energy
Wind developer Equinor, based in Norway, says the acquisition will allow it to “build a portfolio of battery storage assets in the U.S.”
By Robert Walton • July 14, 2022 -
California ISO moves to enhance reliability, economic prospects for utility-scale energy storage
One proposed revision would protect the federal tax credit for batteries co-located with solar plants to keep them from being charged by the grid. Another aims to help storage projects replace local gas plants.
By Elizabeth McCarthy • July 12, 2022 -
US energy storage capacity tripled in 2021: EIA
The increase in storage capacity was accompanied by changes in how the batteries are used, with applications shifting away from traditional ancillary services.
By Robert Walton • July 12, 2022 -
Battery prices to rise for first time since 2010, slowing EV adoption: BNEF
The costs to build and operate new onshore wind and solar resources have also risen in the past year but overall remain cheaper than those costs for fossil fuel resources, according to BloombergNEF.
By Robert Walton • July 11, 2022 -
PG&E, Tesla launch program to use customers’ Powerwall batteries to tackle California reliability concerns
A pilot program to turn Tesla’s distributed energy storage systems into a virtual power plant as part of a state program to address reliability concerns may be hampered by its short life, warns a storage advocate.
By Elizabeth McCarthy • June 29, 2022