Energy Storage News

Updated: 12 min 56 sec ago
  • November 9, 2018 - 00:00

    NantEnergy Acquires Sharp's Energy Systems & Services Business in US

    NantEnergy has acquired Sharp Electronics Corporation's US-based energy systems and services business, which develops and delivers energy management systems across the country. As part of the deal, NantEnergy retained the entire Energy Systems and Services team, including Carl Mansfield, former general manager and founder of Sharp's energy system and services group. Mansfield will continue with NantEnergy as vice president, system solutions. Among the products that NantEnergy will acquire includes the SmartStorage behind-the-meter energy storage system.

  • November 8, 2018 - 05:00

    Massachusetts Grants Help Get Energy Storage Projects off the Ground

    A year after Massachusetts awarded $20 million in energy storage grants, the first project is online and showing promise to help shave peak demand, save customers money, and pave the way for more solar power. Municipal utility Braintree Electric Light Department (BELD) paid for most of the $2.6 million battery installation using its reserve funds and some of its business customers invested additional money in exchange for lower demand charges.

  • November 7, 2018 - 20:00

    Battery Storage to Become $1.2trn Market, with Australia Leading the Way

    Australia is set to lead the global energy storage boom, which according to a report by Bloomberg New Energy Finance (BNEF) will grow to a $1.2trn industry. The global energy storage market is set to draw in $1.2trn investment by 2040 and the cost of batteries is also set to significantly decrease. The report, entitled the Long-Term Energy Storage Outlook, predicts a strong uptake of stationary energy storage, thanks to households trying to maximise solar self-generation and networks working to balance increasingly renewable grids.

  • November 7, 2018 - 16:45

    New York and California Lead the Charge Against Climate Rule Rollbacks

    New York Attorney General Barbara Underwood is preparing for battle against the Trump administration over its attempt to dismantle the Obama-era Clean Power Plan. The Empire State, along with 26 Democratic state attorneys general, cities and counties, outlined its legal and policy rationale for opposing the Clean Power Plan replacement in public comments submitted to the Environmental Protection Agency on Wednesday — the deadline to weigh in on the Trump’s Affordable Clean Energy (ACE) proposal.

  • November 6, 2018 - 14:48

    Puerto Rico Seeks 100 Percent Renewable Energy

    In the wake of Hurricane Maria, the Puerto Rican government is proposing the enactment of the Puerto Rico Energy Public Policy Act, a bill focusing on committing the island to a 100 percent renewable energy grid by 2050. Senate Bill 1121 was introduced by the chairman of the Senate Special Committee on Energy Affairs, Larry Seilhamer, and Senate Minority Leader Eduardo Bhatia. The bill’s purpose is to eliminate the monopoly held for decades by the Puerto Rico Electric Power Authority (PREPA) by allowing the sale of PREPA’s power plants while putting the transmission and distribution systems under a private concessionaire. Consequently, the strategy would begin to shift the power grid away from its resilience on oil and toward renewables.

  • November 6, 2018 - 10:53

    Ahead of Biggest Energy Storage Rule Change Yet, US' Transmission Network Operators Open up Markets

    Transmission system operators in the US have begun making their moves to accommodate energy storage into their wholesale markets, with New England ISO and Southwest Power Pool both making filings in the past month. In February the US’ main regulator the Federal Energy Regulatory Commission (FERC), issued FERC Order 841, instructing the US’ six regional electricity transmission organisations to reconfigure their wholesale markets to allow energy storage to participate. The ISOs and RTOs have about a year to respond in full.

  • November 6, 2018 - 10:07

    Massive Energy Storage Growth Expected in UK

    Applications for energy storage projects have reached a cumulative capacity of 6,874MW in seven years, RenewableUK figures show, indicating a growing appetite for the techology. The average capacity of applications for new battery storage projects has also nearly tripled in the last three years: from 10MW in 2016 to 27MW in 2018.

  • November 6, 2018 - 00:00

    Sonnen Targets Utility Contract for Arizona Aggregated Storage Project

    One year since announcing a partnership to build 2,900 homes in a new virtual power plant community in Prescott Valley, Arizona, Sonnen anticipates a real breakthrough that will hopefully include a utility contract. Sonnen is still working out the details on its Jasper project but expects to make an announcement by the end of the year, Blake Richetta, the company's U.S. senior vice president, told Utility Dive.