Energy Storage: Page 4
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Adeline Kon/Utility Dive
Further innovation required to achieve $0.05/kWh target for long-duration storage: DOE
The Department of Energy released its cost analysis for 11 technologies one day before announcing several funding and innovation opportunities for long-duration storage developers.
By Brian Martucci • Aug. 13, 2024 -
Adeline Kon/Utility Dive
Ørsted, Mission Clean Energy to build 1 GW of grid storage in MISO territory
Each of the four projects being installed in the Midcontinent Independent System Operator’s Central and Northern regions will have 800 MWh to 1,200 MWh of capacity.
By Brian Martucci • Aug. 13, 2024 -
Explore the Trendline➔
Chuck Schug Photography via Getty Images
TrendlineTop 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 -
Courtesy of Sunrun
Sunrun storage attachment rate jumps to 54% as CEO cheers rising VPP potential
The company also announced a partnership with Tesla Electric to support the Texas grid during peak demand periods.
By Brian Martucci • Aug. 8, 2024 -
Courtesy of LS Power
LS Power unit to pay $2.7M to settle alleged CAISO market violations
A REV Renewables battery storage system made improper bids in California’s wholesale power market, according to FERC enforcement office staff.
By Ethan Howland • Aug. 7, 2024 -
Retrieved from U.S. Bureau of Land Management.
California program leverages storage to drive significant GHG reductions: Verdant Associates
Residential energy storage systems enrolled in California’s Self-Generation Incentive Program reduced greenhouse gas emissions by 16 kg/kWh in 2022, Verdant found.
By Brian Martucci • Aug. 6, 2024 -
Kent Raney via Getty Images
Illinois can replace fossil plants with storage, capacity from queues: NRDC
A study published Thursday by the Natural Resources Defense Council was developed in response to a PJM report saying that Illinois needs $700 million in transmission to replace 11.6 GW of fossil-fueled capacity.
By Ethan Howland • Aug. 1, 2024 -
Courtesy of Fluence
Excelsior Energy Capital to install 2.2 GWh of Fluence Energy batteries
Beginning in 2025, Fluence will supply Excelsior Energy Capital with U.S.-made Gridstack Pro batteries expected to qualify for the IRA’s 10% domestic content bonus.
By Brian Martucci • July 31, 2024 -
Adeline Kon/Utility Dive
New York incorporates lithium-ion battery safety into draft fire code update
The proposed changes incorporate recommendations from a state working group convened by Gov. Kathy Hochul, D, last year after a spate of grid-scale battery fires.
By Brian Martucci • July 30, 2024 -
Permission granted by BGE
Sponsored by Hitachi EnergyHelping keep the heat on in rural Maryland
Case study: BGE advanced clean energy goals and met state requirements with battery energy storage.
July 29, 2024 -
Courtesy of Enphase Energy
Enphase Energy revenue drops 57% but California net metering rules spur battery sales
The revenue decrease was due to a “broad-based slowdown” in the U.S. and Europe caused by higher interest rates, policy changes and other factors, the company said.
By Brian Martucci • July 25, 2024 -
Courtesy of Nostromo Energy
OpinionEnergy storage systems lower costs for building operators, even as average electricity prices rise
The return on investment for installing thermal energy storage systems is moving closer to between three and five years, with buildings joining programs like demand response, Nostromo Energy’s CEO says.
By Yoram Ashery • July 24, 2024 -
Petmal via Getty Images
Energy storage industry sees 117% increase in corporate funding in H1 2024: Mercom
Storage deal volume reached $15.4 billion in the six months ending June 30, but funding for smart grid companies dropped 11% from the year-earlier period to $1.8 billion, Mercom Capital Group said.
By Brian Martucci • July 23, 2024 -
Anna Rose Layden via Getty Images
Bipartisan energy permitting bill ups FERC transmission siting authority, requires interregional planning
The Senate bill released Monday could guide the framework for action on permitting reform, which may not come until next year, according to observers.
By Ethan Howland • July 23, 2024 -
narvikk via Getty Images
Deep DiveInnovative solutions emerge to reduce 2.5-TW US clean energy interconnection backlog
California’s project scoring criteria, the Texas connect and manage option and SPP’s work to link system planning with the interconnection process across its multistate region could speed the clean energy expansion.
By Herman K. Trabish • July 22, 2024 -
Permission granted by Intersect Power
Intersect Power secures $837 million to boost Texas storage portfolio by nearly 1 GWh
The package will finance three 320-MWh storage facilities set to complement 1.2 GW of Intersect Power-owned peak solar capacity later this year.
By Brian Martucci • July 18, 2024 -
Adeline Kon/Utility Dive
IRA could make US-made lithium-ion battery systems competitive with Chinese alternatives: reports
IRA incentives are shifting planned production capacity from Europe to North America as global demand for batteries grows by an expected 21% annually through 2028, according to two new reports from Clean Energy Associates.
By Brian Martucci • July 16, 2024 -
Jose Jimenez/Getty Images via Getty Images
DOE to deploy over 3,000 solar + storage home systems in 2024 for most vulnerable Puerto Ricans
DOE’s Solar Access Program could incentivize installation of up to 30,000 home energy systems for low-income households facing frequent power outages and other challenges.
By Robert Walton • July 16, 2024 -
Courtesy of Entek
Entek receives $1.2B DOE conditional loan for Indiana battery separator facility
The loan covers most of the costs to build the facility in Terre Haute, Indiana, which is expected to boost the domestic lithium-ion battery cell supply chain.
By Joelle Anselmo • July 10, 2024 -
Yujin Kim/Utility Dive
Q&AHydrostor’s longer-duration storage tech is ‘bankable’ today but ‘not every market is ready’: CEO
“In the next two to five years, I have a tough time envisioning a major market that won’t be in dire straits without long-duration storage,” Curtis VanWalleghem said.
By Brian Martucci • July 9, 2024 -
Mario Tama via Getty Images
Global solar and wind capacity will more than triple to 8 TW by 2033: Wood Mackenzie
Global energy storage will grow by 636% to add nearly 2,789 GWh of capacity over the next decade, according to WoodMac's latest global market outlook.
By Diana DiGangi • July 9, 2024 -
Courtesy of Tesla
Tesla Energy deploys company record 9.4 GWh of storage in Q2 2024
The results come as Tesla ramps up production at a 40-GWh Megapack factory in California and begins construction on a similarly-sized facility in China.
By Brian Martucci • July 9, 2024 -
Soonthorn/stock.adobe.com
Sponsored by Energy ExemplarThe imperative of integrated system planning
Integrated system planning can help transform complexity to achieve a reliable, resilient and decarbonized grid.
July 8, 2024 -
PhonlamaiPhoto via Getty Images
Clean energy group releases safety-focused model ordinance for energy storage facilities
The “first of its kind policy” incorporates fire safety best practices into guidance for permitting authorities, an American Clean Power Association official said.
By Brian Martucci • July 2, 2024 -
Courtesy of LG Energy Solution
LG pauses construction on part of $5.5B Arizona battery plant
The firm said it's adjusting the pace of its investments but remains confident the facility will play an important role in its operations.
By Sebastian Obando • July 2, 2024 -
pidjoe via Getty Images
Higher renewables costs, uncertainty show need for diverse energy resources: Lazard report
Lazard’s Levelized Cost of Energy+ report showed tailwinds for energy storage but a notable increase in costs for new-build renewables since 2021.
By Brian Martucci • June 28, 2024
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