Energy Storage News

Updated: 11 min 7 sec ago
  • December 3, 2018 - 14:05

    Project of the Year: REV Connect

    Let's be clear: Anything that can take the torturous rigidity out of utility procurements deserves an award. New York's Reforming the Energy Vision has been around a few years, and the state's efforts to reshape the utility sector are beginning to pay off. Plenty of states have followed suit, but New York's REV is a holistic reimagining of energy resources and the business models underpin the sector. While REV aims to bring about wholesale changes, one initiative within it is speeding the development of new resources and solutions while helping remake utility procurement processes.

  • December 3, 2018 - 04:00

    Greensmith Energy Delivers Enhanced Energy Management Software Platform GEMS 6

    The technology group Wärtsilä today announced the release of GEMS 6 (Greensmith Energy Management System, version 6), the latest generation of its award-winning software platform proven across grid-scale deployments globally. With this latest release, GEMS continues to be the most advanced energy management solution available today, deployed across more than 70 grid-scale systems in nine countries, integrated with a multitude of thermal and renewable generation assets as well as load and weather forecasting data. “Greensmith Energy is proud to announce the latest innovation in our product portfolio with the release of GEMS 6,” said John Jung, President and CEO of Greensmith Energy. “With this industry-leading energy management platform, we will enable our utility and IPP customers to integrate and optimize all of their energy resources to improve resiliency and flexibility during a time of tremendous transition – paving a viable way towards a 100 percent renewable energy future.”

  • December 3, 2018 - 00:00

    Milwaukee Eyes its Own Rooftop Solar Mandate with a California Clone

    Eyeing the success of the recently-passed California solar mandate, Milwaukee Common Council Member Tony Zielinski has proposed legislation that would require all new residential units in the city to include solar arrays, starting in 2019. Zielinski told Wisconsin Public Radio (WPR) that the idea for his proposal came while he was reading about California’s rooftop solar mandate. “I think this is just one step in a series of steps that we need to undertake to help improve our environment and gradually reduce our reliance on fuels,” Zielinski said while appearing on WPR. ” There’s a whole myriad of other initiatives… I think we need to add more. I just think that this is one step and there’ll be additional steps down the road as well.”

  • November 29, 2018 - 11:13

    Battery Boosters Pushing Congress to Give Industry a Tax Credit

    Renewable-energy advocates are pushing Congress to create a tax credit for power-storage systems, a move that may help unlock new opportunities for wind and solar nationwide. A storage tax credit would boost the grid’s resiliency and reliability, they say, key buzzwords in the Trump administration’s campaign to save struggling nuclear and coal-fired power plants. But so far, congressional Republicans aren’t biting.

  • November 29, 2018 - 08:24

    Kokam Wins 40 MWh of Battery Storage Contracts in South Korea

    November 29 - South Korean firm Kokam Co Ltd has secured orders to supply 40 MWh of energy storage systems linked to solar photovoltaic (PV) capacity in South Korea. Kokam, a provider of lithium-ion battery cells, batteries and energy storage solutions, said on Wednesday that the capacity is split between two projects totalling 12 MWh and 28 MWh, respectively. It is expected to be put on stream by the end of this year.

  • November 28, 2018 - 13:05

    National Renewable Energy Laboratory Gets DOE Award to Develop Grid Electricity Storage System

    The Department of Energy’s (DOE) Advanced Research Projects Agency-Energy (ARPA-E) recently awarded DOE’s National Renewable Energy Laboratory (NREL) $2.8 million to develop a grid electricity storage and power generation system. The system includes a charging device, thermal energy storage modules, a heat exchanger, and a closed-loop Brayton cycle turbine. “When electric power is cheapest, electric heaters will ‘charge’ the storage modules by heating stable, inexpensive solid particles to more than 1,100 degrees Celsius,” NREL Principal Investigator Zhiwen Ma said. “And when it’s time to discharge this energy, the hot particles will move through a heat exchanger to heat a working fluid that drives a high-efficiency closed-Brayton combined cycle attached to an electric generator.”

  • November 28, 2018 - 00:00

    Carbon Bill Makes First Footprint

    A group of House lawmakers introduced Tuesday night the first bipartisan carbon pricing legislation in a decade. Months in the making, the Energy Innovation and Carbon Dividend Act would start with $15 fee per metric ton of carbon dioxide on domestic oil, gas and coal sectors, ramping up $10 each calendar year until emissions standards are met. "It is the product of rigorous negotiations between Democrats and Republicans," Florida Democratic Rep. Ted Deutch, the bill's lead sponsor, told reporters on a conference call. Backers argue the effort will deliver major benefits: 2.1 million net new jobs by the 10th year; 13,000 avoided pollution-related U.S. deaths annually and a 90 percent reduction in carbon emissions from 2015 levels by 2050.

  • November 27, 2018 - 16:54

    US Congress Urged to Clarify Eligibility of Energy Storage for ITC

    The US government has been urged to recognise the “critical role” energy storage can play in making the grid cleaner and able to accept more renewable energy, by increasing the eligibility of batteries and other technologies to receive the Investment Tax Credit (ITC). The ITC is applicable to purchases of solar energy equipment in the US and applies about a 30% rebate or discount for buyers. In recent years the policy scheme has been adjusted to include energy storage but for a long time, storage systems could only receive the Federal subsidy if installed at the same time as solar equipment.

  • November 27, 2018 - 00:00

    Energy Storage Industry Pushes for Clarity on Tax Credit Eligibility

    A coalition of groups led by the Energy Storage Association (ESA) is calling on lawmakers in the U.S. House and Senate to clarify that energy storage systems qualify for the Investment Tax Credit (ITC), an incentive they say could help clean energy companies obtain financing, compete internationally and grow. Bipartisan legislation in both houses of Congress would "ensure a level playing field" for storage resources, according to ESA. The Energy Storage Tax Incentive and Deployment Act (H.R. 4649 / S. 1868) would apply to utility-scale battery projects as well as smaller residential systems.

  • November 26, 2018 - 10:46

    European Utilities Muscle Into Energy Storage

    German frequency response service revenues have dropped almost two-thirds in two years as utilities have rushed to deploy energy storage, research shows. Wood Mackenzie Power & Renewables this month said prices in a June 2016 German frequency market auction cleared €23 ($26) per megawatt-hour, but were down to €8 ($9) per megawatt-hour in July 2018, a 65 percent reduction.