Energy Storage News

Updated: 45 min 36 sec ago
  • April 19, 2018 - 11:10

    Energy Storage Association lauds principles promoted by EEI and partners to advance energy storage growth - Daily Energy Insider

    The Edison Electric Institute (EEI) and 32 energy companies and organizations sent a letter to leaders of the Energy Storage Association (ESA) on Wednesday to support its efforts in advancing energy storage and to highlight principles seen as critical to helping the nation achieve a cleaner, more reliable and affordable energy system.  The letter addressed to Kelly Speakes-Backman, ESA president and CEO, and ESA Chairman Praveen Kathpal coincided with ESA’s annual conference taking place in Boston this week. “Today, energy storage is positioning itself as an essential component of the future energy grid: allowing for greater penetration of renewable energy; creating more dynamic generation, transmission, and distribution systems; enhancing the customer experience; and enabling transportation electrification, microgrids, smart grids, and smart communities,” the letter said.

  • April 19, 2018 - 11:07

    Baker Expects Short Delay in Offshore Wind Project Selection

    BOSTON — The electrical storage industry got a charge out of Gov. Charlie Baker's "clean peak" proposal that would encourage greater reliance on renewable energy sources during periods of peak electricity demand, and the governor on Wednesday said lawmakers have also been drawn to the idea. "I do think this is something there's a lot of support for here in our Legislature," Baker told the Energy Storage Association at a conference Wednesday in Boston. The assocation has a target of increasing storage capacity by roughly 70 times over the next seven years.

  • April 18, 2018 - 10:17

    Origis Energy Completes First Community Solar+Storage Installation in Massachusetts

    Origis Energy USA and Sterling Municipal Light Department (SMLD) celebrated the completion of the Sterling Community Solar + Energy Storage project. Representing the first community solar plus storage and the first operational solar plus storage installation in Massachusetts, the project couples a 1-MWac rooftop solar installation with a 1-MW/2-MWh energy storage system to deliver an annual base load of 1.7 MWh in dispatchable clean energy to the town’s ratepayers. It was developed and is owned by Origis Energy USA, delivering power and storage benefits to SMLD through a PPA.

  • April 17, 2018 - 14:34

    New Jersey Could Get 2GW of Storage to Help Reach 50% Renewables Target

    New Jersey is the latest US state to set itself targets for the deployment of energy storage, with newly passed legislation calling for 600MW of the technology within three years. A bill, S2314/A3723, passed last week as one of three sustainability and low carbon measures for the state going forward, calls on the New Jersey Public Utilities Board to analyse the costs and potential benefits of energy storage as well as making revisions for community solar, energy efficiency, peak demand reduction and solar renewable energy certificate programmes.

  • April 17, 2018 - 12:58

    Ormat's Unit to Build 40MW Storage, Increase Grid Resilience

    Ormat Technologies, Inc. (ORA - Free Report) announced that its subsidiary, Viridity Energy Solutions, Inc. will start the construction of two 20 megawatt (MW)/20MWh utility scale, in-front-of-the-meter battery energy storage systems (“BESS”) located in Plumsted Township and Alpha, NJ. The BESS will assist in balancing energy demand in the electricity grid and is expected to generate revenues in the range of $7-$8 million in 2019. The revenues will be based on spot price, which generally varies from period to period.

  • April 17, 2018 - 06:20

    Dynapower and Viridity Energy Solutions Enter Into a Master Supplier Agreement for Energy Storage Inverters and Fully-Integrated Systems

    SOUTH BURLINGTON, Vt., April 17, 2018 -- Dynapower, a global leader in energy storage, is pleased to announce it has reached a master supplier agreement with Viridity Energy Solutions, Inc. to supply inverters and fully-integrated energy storage systems for utility-scale and behind the meter energy storage projects. The first projects Viridity chose Dynapower for are two 20MW/20MWh stand-alone in-front-of-the-meter battery energy storage installations in New Jersey scheduled to come online in 2018. These projects totaling 40MWs were designed and will be financed, constructed, owned and operated by Viridity.

  • April 13, 2018 - 01:29

    Australia Leading the Global Energy Storage Race

    A new research by Greentech Media (GMT) shows that Australia is leading the global race in energy storage, having installed the most storage technology in the world during 2017, ahead of Germany, the United States and Japan. According to GMT’s “Global Energy Storage: 2017 Year in Review and 2018-22 Outlook” Australia installed an astonishing 246 megawatts (MW) of energy storage power capacity, enough to power almost 400,000 homes at one time, while also taking second place for energy capacity (MWh).

  • April 12, 2018 - 14:00

    Enel to Install 1MWh Energy Storage Project in Canada

    Italian energy company Enel, through its energy services division Enel X and is US subsidiary EnerNOC has signed an agreement with Algoma Orchards of Ontario, Canada to install a 1MWh lithium-ion battery storage system. Enel’s DEN.OS software will optimise the battery use, with the aim to boost financial savings from managing Ontario’s Global Adjustment (GA) charges and to enhance Algoma Orchards’ participation in the demand response programme by Ontario’s Independent Electricity System Operator (IESO). The storage system is expected to be deployed in the first half of 2018, and is due to generate significant savings for Algoma Orchards over the 11-year contract term

  • April 12, 2018 - 13:34

    ESA's 28th Annual Energy Storage Conference & Expo - DNV GL

    This event has more than 150 leading industry speakers, 40 insightful education sessions, site tours to advanced energy projects, multiple workshops led by renowned experts, over 70 exhibiting companies, and nearly 2,000 attendees from 30+ countries.

  • April 11, 2018 - 09:17

    Energy Storage Charges Forward

    Use it or lose it. Few products in the world have a shorter shelf life than electricity. That's why pretty much everyone involved in the power sector — from utilities to buyers to startups to state regulators — is putting more energy than ever behind ways to extend it. That's fueling a boom in projects and investments centered on advanced battery chemistries and alternative energy storage approaches, such as hydrogen fuel cells and thermal options that use hot water or ice to conserve power. The holy grail over time is to create a network of resources that can be used in concert with solar and wind farms. The idea is to balance those intermittent renewable resources, help their production output become more predictable and make it easier to integrate distributed power plants into the grid.