Energy Storage News

Updated: 54 min 16 sec ago
  • July 12, 2017 - 10:13

    Microgrids May Finally Have Their Day in the Sun

    Slowly but surely, the renewable energy industry is finding ways to compete with fossil fuels and traditional utilities to serve customers in a cost effective way. One concept driven by renewables, energy storage, and smarter devices is microgrids, which have long been a dream of the advanced energy industry. And they have finally become a viable option for the energy industry, opening up a new growth opportunity. 

  • July 11, 2017 - 23:03

    Tucson Electric Power Updates Renewable Energy Plan

    Tucson Electric Power (TEP) is looking for a new contractor to design a type of natural-gas generator to support renewable energy. TEP has a goal to deliver at least 30 percent of its power from renewable resources by 2030. The new bid is to build reciprocating engines, similar to a car engine, that can be fired up quickly and compensate for power lost when using solar as a primary source. 

  • July 11, 2017 - 16:35

    Modernizing Minnesota's Grid: An Economic Analysis of Energy Storage Opportunities

    (Washington, D.C. – July 11, 2017) - The Energy Storage Association (ESA) is encouraged by the results and outputs of an energy storage modeling report released by the Minnesota Energy Storage Alliance (MESA) today. The MESA report delineates the multiple benefits of utilizing energy storage systems to eventually replace the need for gas-fired peaking plants to meet the dynamic needs of operating the grid in Minnesota and throughout the Midwest Independent System Operator (MISO) territory. Importantly, this report begins to quantify and capture the multiple value streams that energy storage can offer to enable a more efficient, flexible, reliable and affordable grid.

  • July 11, 2017 - 13:40

    ViZn Energy Systems Enables 24/7 „Solar Nights" at Lowest Ever Published Cost

    AUSTIN, TX–(Jul 11, 2017) –  ViZn Energy Systems Inc. (ViZn), a leading provider of utility scale energy storage systems, is working to make the sun shine all night by integrating its zinc iron flow battery storage system for a record low price of 4¢/kWh. A ViZn 30 MW, 4-hour system added to a 100 MW solar plant can generate a seven percent internal rate of return (IRR) with a 4¢/kWh power purchase agreement (PPA) — 20 percent below the lowest published values.

  • July 11, 2017 - 09:02

    AES and Siemens Create Joint-Venture for Energy Storage

    American energy firm AES Corp (AES.N) and German engineering conglomerate Siemens AG (SIEGn.DE) on Tuesday said they were forming a joint venture to serve the rapidly growing energy storage market. Demand for large-scale energy storage is growing as the price of advanced batteries tumble and nations turn to renewable energy such as solar and wind. Pairing big batteries and other storage systems with renewable energy improves reliability without creating climate-changing emissions. The 50-50 joint venture, called Fluence, will sell the lithium-ion battery technologies currently sold by AES and Siemens(AES.N), respectively.

  • July 11, 2017 - 09:00

    NYSERDA Announces REV Connect '17 Event to Advance Partnerships for New Energy Solutions

    The New York State Energy Research and Development Authority (NYSERDA) today announced REV Connect ‘17, a one-day state-sponsored event to bring together New York’s electric utilities and technology companies to create new business models and energy solutions to benefit New York electricity consumers. The event will build on the progress of New York’s Reforming the Energy Vision (REV) strategy to build a clean, resilient and affordable energy system for all New Yorkers.

  • July 11, 2017 - 01:00

    Report: Solar Plus Storage Can Beat Natural Gas in Minnesota

    A new report from the University of Minnesota's Energy Transition Lab shows adding energy storage is becoming a cost effective way to meet electricity demand in the state. The report looked at several scenarios, including a common one in the summer: A hot day when electricity demand is much higher than usual because of air conditioning. "What would be more cost effective: to build a conventional plant or to put in a big battery? Or, alternatively, to put in a big battery and a big solar array at the same time? [The consultants] found that putting in solar plus storage was actually cost effective right now," said Ellen Anderson, who directs the Energy Transition Lab.

  • July 10, 2017 - 14:07

    What will South Australia's super-sized battery look like?

    With the largest lithium battery coming to South Australia, @KSpeakesBackman discusses what this means on the July 7 BBC Newshour.

  • July 10, 2017 - 13:50

    UK to Fund Research into Letting Electric Cars Return Power to Grid

    The UK plans to invest millions of pounds to explore how the batteries in thousands of electric cars could help the power grid and drive take-up of the cleaner vehicles. British businesses will be able to bid for £20m of government funding for undertaking research and trials of vehicle-to-grid technology, which officials believe holds “enormous potential” benefits for drivers and the energy system.

  • July 10, 2017 - 08:45

    Tesla Wins Bid to Build World's largest Battery System

    Elon Musk’s Tesla won a tender to build what the billionaire says is the world’s largest lithium-ion battery system to support South Australia’s blackout-plagued power grid. “We’re talking about something that’s three times as powerful as the next biggest battery installation in the world,” Musk told reporters in Adelaide.