Energy Storage: Page 35
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Global storage deployments to hit 2,850 GWh by 2040, increasing 122-fold: BloombergNEF
BNEF estimates the coming storage boom will require $662 billion of investment, even though the cost of lithium-ion batteries is expected to fall by 50% over the next decade.
By HJ Mai • Aug. 1, 2019 -
Getty Images
Southwest Power Pool moves to boost reliability, storage amid CEO resignation
The buildout of cheap renewables and the large queue of battery storage projects prompted stakeholders to ask SPP to study the reliability impacts of a grid with less conventional generation.
By Iulia Gheorghiu • Aug. 1, 2019 -
Explore the Trendline➔
Chuck Schug Photography via Getty Images
TrendlineTop 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 -
Photo by Mike C. Valdivia on Unsplash. (N/A). "Mike C. Valdivia New York skyline photo" [Photograph]. Retrieved from https://unsplash.com/photos/kZokA2VTKn4.
NY-BEST: New York peaker study underestimates storage potential
The study by the New York Battery & Energy Storage Technology Consortium found that about 6% of New York's peak capacity fleet could be replaced with energy storage.
By HJ Mai • July 31, 2019 -
Tesla Powerwall, Powerpack deployment grows 81% to 415 MWh in Q2
The amount marks a high point for quarterly deployment of the company's energy storage systems and shows that it remains focused on growing that part of its business alongside its electric vehicles.
By HJ Mai • Updated July 30, 2019 -
Getty
NextEra inks 700 MW wind + solar + battery project, largest in the US
The Oklahoma facility is also the first of its kind in the Southwest Power Pool, developers say.
By Robert Walton • July 29, 2019 -
Stem
Battery storage companies set $1.4B record in venture capital funding: Report
The sector has continued an upward trend since 2016, raising a record amount during the first six months of 2019, according to a new report.
By HJ Mai • July 24, 2019 -
ConEd, O&R seek to add at least 310 MW of bulk storage in pursuit of New York's 3 GW target
The state's largest utility and its subsidiary issued a joint RFP for projects, which must be operational by the end of 2022.
By HJ Mai • July 22, 2019 -
NARUC: FERC went beyond 'authority of power' in issuing Order 841
The group filed a petition for review on Tuesday, to the disappointment of the energy storage industry.
By HJ Mai • July 17, 2019 -
Sen. Murkowski teases prospects for storage as committee advances 22 energy bills
While the initiatives did not include energy storage-focused bills, the Senate Energy and Natural Resources Chair said a second mark-up can be expected in September.
By Iulia Gheorghiu • July 17, 2019 -
$1B Montana pumped storage hydro project secures funding
The 400 MW Gordon Butte project would integrate more renewables onto the Northwestern grid, and could be ready to start construction next year, according to developers.
By Robert Walton • July 16, 2019 -
Convergent storage
Private equity investment in storage expected to increase as ECP buys Convergent
Experts say private equity fund Energy Capital Partner's acquisition of an energy storage developer is a validation for the sector and could lead to more investments going forward.
By HJ Mai • July 12, 2019 -
'Opportunities everywhere': NREL study shows mass potential for storage to provide peaking capacity
DOE's National Renewable Energy Laboratory found four-hour storage could meet peaking capacity across the country, with the potential to exceed 50 GW.
By HJ Mai • July 10, 2019 -
Report: Volkswagen pursues joint ventures with suppliers to secure EV production
Automakers looking to transition to electric vehicles face challenges sourcing the lithium and cobalt they need to produce a sufficient quantity of batteries.
By Morgan Forde • July 9, 2019 -
From Goldwind (used with permission)
Deep DiveSolar + wind + storage developers 'gearing up' as hybrid projects edge to market
A "wave" of new projects is coming to use wind, solar and battery storage in ways that will stabilize grids, increase efficiencies and lower power costs.
By Herman K. Trabish • July 9, 2019 -
NV Energy failed to set aside $10M in storage incentive funds, now faces shortfall, fines
The utility agreed to set aside the money for energy storage systems, but failed to follow through, "severely" affecting the future of the program, according to regulators.
By Robert Walton • July 9, 2019 -
Deep Dive
The new kid on the block: CCAs face credit, other challenges to lead California's renewable energy growth
Community Choice Aggregators say they will use resource diversity, distributed energy resources and load management to lead California beyond its 2030 renewables goals.
By Herman K. Trabish • July 8, 2019 -
PNM proposes gas, solar+storage mix as cheapest option to replace San Juan coal plant
The utility also modeled fossil fuel-free scenarios, but is not interested in making the large investment in battery technology that would be required.
By Iulia Gheorghiu • July 3, 2019 -
New York regulators assess potential for storage to replace peaking units in the state
A new report shows that at least 275 MW of peaking units, or about 6% of the total capacity in New York state, are potential candidates for replacement with six‐hour energy storage.
By HJ Mai • July 3, 2019 -
Mortenson Construction
Los Angeles solicits record solar + storage deal at 1.997/1.3-cents kWh
8Minute Energy beat its record for U.S. solar contracts, previously held by the 2.376 cents per kWh project being developed for NV Energy.
By Catherine Morehouse • July 2, 2019 -
Utah approves Rocky Mountain Power's 600-battery apartment project
The Public Service Commission approved three demand-side management projects authorized by a 2016 law, focused on electrified transportation, storage and grid management.
By Robert Walton • July 2, 2019 -
Deep Dive
Diversifying the Northeast power mix: Is offshore wind + storage key to the region's reliability?
As more New England states roll out offshore wind mandates, bringing the technology to scale is a portfolio priority.
By Herman K. Trabish • July 2, 2019 -
Transitioning US to 100% renewables by 2030 will cost $4.5 trillion: Wood Mackenzie
Including existing nuclear plants would reduce the price by almost $500 billion, while other savings are possible with a longer time frame to allow for technological advancements, the consulting firm said.
By Iulia Gheorghiu • Updated July 1, 2019 -
California regulators propose 2 GW new peak capacity to address reliability concerns
The state's Public Utilities Commission has launched a procurement track that could include renewables, storage, demand response and other resources, while limiting imports.
By Robert Walton • June 26, 2019 -
Array Technologies Inc.
NV Energy to add 1.2 GW solar, 2.3 GWh storage as large customer exit slows
The capacity will be divided among three projects and help the utility exceed its goal of doubling renewable energy output by 2023.
By Catherine Morehouse • June 25, 2019 -
Green Charge Networks
To compete in the global battery arms race, the US must spur its domestic market, analysts say
Industry experts say the United States has to create incentives for lithium-ion battery products to encourage manufacturers and decrease its dependence on Chinese imports.
By HJ Mai • June 24, 2019
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