Energy Storage News

Updated: 43 sec ago
  • January 9, 2017 - 08:18

    Lease Granted for Development of 8.3-MW Puu Opae Pumped Storage Hydro in Hawaii

    The Agribusiness Development Corporation (ADC) of Hawaii has approved a five-year lease to the Kauai Island Utility Cooperative (KIUC) for development of its 8.3-MW Puu Opae pumped storage hydro project, according to the Honolulu Civil Beat. The lease is to be issued no later than Dec. 30 and is subject to any conditions that may result from the dispute resolution process.

  • January 9, 2017 - 08:09

    Ocracoke is First in the State for a Microgrid

    With the installation of Tesla batteries and solar panels at the island electric generator, Ocracoke has jumped to the vanguard of modern electric distribution as the first microgrid laboratory for the state’s electric cooperatives. This effort is a cooperative venture by the North Carolina Electric Membership Corporation, which owns the island’s 3-megawatt diesel generator, and Tideland Electric Membership Corporation, which supplies the island’s electricity. Ocracoke is a pilot project from which NCEMC and Tideland hope to learn just how community microgrids will best complement their larger electric distribution system.

  • January 6, 2017 - 17:07

    Navigant Research Counts Nearly 1700 Microgrid Projects

    Thanks, in large part, to the continued growth of energy storage and solar PV, Navigant Research has identified 1,681 microgrid projects that are proposed, under development or operating worldwide as of the fourth quarter of 2016. The latest edition of the firm’s Microgrid Deployment Tracker report says the microgrid projects represent 16,553 MW of capacity.

  • January 6, 2017 - 14:42

    Indian Point Nuclear Power Plant to Close by 2021

    The Indian Point nuclear plant will shut down by April 2021 under an agreement New York State reached this week with Entergy, the utility company that owns the facility in Westchester County, according to a person with direct knowledge of the deal. Under the terms of the agreement, one of the two nuclear reactors at Indian Point will permanently cease operations by April 2020, while the other must be closed by April 2021. The shutdown has long been a priority for Gov. Andrew M. Cuomo, who — though supportive of upstate nuclear plants — has repeatedly called for shutting down Indian Point, which he says poses too great a risk to New York City, less than 30 miles to the south.

  • January 5, 2017 - 14:44

    DOE Secretary Moniz's Exit Memo Extolls Solar Progress

    Secretary of Energy Ernest Moniz fondly described solar’s rise from a niche market to a U.S. energy supply mainstay in his exit memo, his last statement before he leaves the office. Moniz, who oversaw such successful programs as the department’s Sunshot Initiative the Department of Energy (DOE)’s successful Loan Program, said the amount of solar powering U.S. homes, businesses and military installations has increased from 1.2 GW to 31 GW in 2016.

  • January 5, 2017 - 14:39

    Energy Supply Expert is New SDG&E President

    Scott Drury succeeded Jeff Martin this week as president of San Diego Gas & Electric, the utility announced Tuesday. Drury was most recently the firm’s chief energy supply officer. Martin was promoted to executive vice president and chief financial officer at the San Diego-based parent company Sempra Energy.SDG&E announced in September that the moves would occur. “It’s an exciting time to be in the energy business,” Drury said. “At SDG&E, we’re inspired by the opportunity to improve the lives of our customers, and the communities where we live and work, by building the cleanest, safest, most reliable energy company in America.”

  • January 5, 2017 - 14:34

    Year in Review: Top 10 Utility Commission Actions of 2016

     In September, we published a post on the top 10 utility commission issues of 2016 so far, but action on utility regulations has continued in the months since. In this year-end post, we look at 10 key actions taken by state public utility commissions (PUCs) in 2016. These actions affected everything from rate design for distributed energy resources to data access to grid modernization. More broadly, they all point the way toward a modern electric power system for the 21st century, even if getting there is by fits and starts.

     

  • January 5, 2017 - 14:32

    Alevo Appoints Peter Heintzelman as Chief Financial Officer

    CONCORD, N.C.- Alevo™, the Energy Storage Provider, has today announced the appointment of Peter Heintzelman as Group Chief Financial Officer. Heintzelman brings a wealth of international management and board level experience, having conducted strategic planning and successful financial management for major energy businesses around the world.  Heintzelman joins from T5 Oil & Gas, a privately-funded E&P (exploration and production) firm, where his responsibilities as CFO included leading corporate and organic upstream transactions across Africa and the Middle East and maintaining a strong following in the financial markets. He brings over 25 years’ experience in the energy and energy investment banking sectors globally, with a background that includes Head of Energy roles with Standard Bank, and senior management positions at Halliburton and Enron.

  • January 5, 2017 - 14:30

    Record Year for Energy Storage Firm Younicos

    The German firms record year came the first year under the stewardship of CEO Stephen L. Prince. The battery storage integrator now has a total of 200MW of systems either installed or under construction, as well as a qualified pipeline of deals worth a total of 1.2 gigawatts over the next two years. Prince said: “While the 49MW battery system we are designing and delivering for Centrica in the UK is a cornerstone of this year's success, we made very significant progress in many other areas as well.

  • January 5, 2017 - 08:17

    Tesla Flips the Switch on the Gigafactory

    The Gigafactory has been activated. Hidden in the scrubland east of Reno, Nev., where cowboys gamble and wild horses still roam—a diamond-shaped factory of outlandish proportions is emerging from the sweat and promises of Tesla CEO Elon Musk. It’s known as the Gigafactory, and today its first battery cells are rolling off production lines to power the company’s energy storage products and, before long, the Model 3 electric car.

Pages