Energy Storage News

Updated: 8 min 13 sec ago
  • April 24, 2018 - 14:02

    NextEra Moves Deeper into Solar Power and Solar Plus Storage

    While power sector holdouts such as FirstEnergy get headlines by pushing for disingenuous regulatory changes in a vain attempt to make the future look like the past, many U.S. power companies are seeing the light in the low and predictable costs of large-scale wind and solar. One of the leaders in this regard is Florida power company NextEra Energy. The company’s Q1 2018 results show NextEra building not only large amounts of solar both through generation arm NextEra Energy Resources and utility Florida Power and Light, but also beginning to deploy large-scale energy storage through both companies.

  • April 23, 2018 - 20:35

    Lockheed Says 'Flow' Battery will Boost use of Renewable Power

    WASHINGTON - Lockheed Martin Corp hopes to launch a new “flow” battery made of inexpensive, nontoxic materials that can help utilities save money and use more renewable energy, company officials said on Monday.

  • April 23, 2018 - 11:13

    Massachusetts Is Staring Down a Duck Curve of Its Own. Storage Could Help

    After a barrage of wicked nor'easters this winter, Massachusetts residents probably aren't worried about having too much sun — but they should be. Over in Hawaii, California and Arizona, middaysolargeneration has begun to cause major swings in the balance of supply and demand on the grid. The resulting “duck curve” has become emblematic of the logistical challenges involved in massive renewables adoption. As it turns out, this duck infestation is migrating from the sunny, palm-lined enclaves of Venice Beach and Scottsdale to the Bay State.

  • April 20, 2018 - 14:19

    ESA Lays out the Path for 35 GW of Energy Storage by 2025

    Most of us are solar power professionals, for example we’re reading pv magazine. However, for those of us who haven’t already, it’s probably time to start paying attention to how energy storage will affect our business – because the largest players in our field have been modeling large scale energy storage projects for at least three years. The Energy Storage Association (ESA) has been watching also – and they’ve articulated their thoughts in a white paper: 35X25: A Vision for Energy Storage. In this document, focused on the years between now and 2025, the ESA describes market drivers for growth, how to value energy storage, where and how it expects the growth to happen and what we have to continue to do in order to make this real.

  • April 20, 2018 - 00:00

    50 States of Storage Under Speakes-Backman's Thumb

    Kelly Speakes-Backman, the CEO of the Energy Storage Association, spoke with pv magazine about storage and the challenges of state-level advocacy at ESA's annual conference in Boston.  As solar industry professionals, we’re all familiar with the 50 state markets that we deal with. What are the politicians thinking? Is there a new Governor coming in? What is the business environment going to look like in six? nine? twenty-four months? And how much should we invest in our operations in these complex states?

  • April 19, 2018 - 17:38

    New Jersey Reconfigures Solar Policy, Sets Storage Target to Meet 50% Renewables Pledge

    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 19, 2018 - 16:07

    Lockheed Martin to Deliver 17 MWh of GridStarâ„¢ Lithium Energy Storage Systems to Peak Power Inc.

    OTTAWA, Ontario, April 19, 2018 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) signed an agreement to supply approximately 17 MWh of GridStar™ Lithium energy storage systems to Peak Power Inc., a North American energy storage services provider.

  • April 19, 2018 - 15:29

    Lockheed Martin to Deliver 17 MWh of GridStarâ„¢ Lithium Energy Storage Systems to Peak Power Inc. - Markets Insider

    OTTAWA, Ontario, April 19, 2018 -- Lockheed Martin signed an agreement to supply approximately 17 MWh of GridStar™ Lithium energy storage systems to Peak Power Inc., a North American energy storage services provider. The units will be installed in Ontario, Canada, and along the East Coast of the United States.

  • 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.