Energy Storage in the News

June 04, 2020

Rappahannock Electric Cooperative CEO Announces Retirement, Board Names Successor

Today, Kent D. Farmer announced his retirement as president and Chief Executive Officer (CEO) of REC, effective August 1, 2020. Farmer has served as president and CEO since 2004, and has been with REC for 41 years. 

REC’s Board of Directors also announced on June 1, the selection of John D. Hewa, REC’s current vice president of corporate services and Chief Operating Officer (COO), to succeed Farmer as president and CEO. Mr. Hewa serves as the President of ESA’s Board of Directors.

“On behalf of our Board of Directors, we are pleased to announce John as our next president and CEO,” said Shipe. “Mr. Hewa is a highly respected and proven industry leader who delivers strong results. We have all seen evidence of that since he joined REC in 2017. We are confident that Mr. Hewa will lead our employees and our member-owned cooperative to achieve great success in the years to come.”

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Energy Storage in the News

June 04, 2020

Clean energy groups band behind target of majority renewables by 2030

U.S. clean energy industry trade groups unveiled Tuesday a collective target of reaching at least 50% renewable generation in the next decade, a tripling of the country’s current capacity. The move — announced by the CEOs of the American Wind Energy Association, the Solar Energy Industries Association, the Energy Storage Association, and the National Hydropower Association — is a bid to align the sectors’ policy agenda. That way, the industries can speak with one voice when advocating for federal and state policies to support clean energy, the CEOs said during remarks at the virtual CleanPower 2020 conference.

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Energy Storage in the News

June 04, 2020

Researchers Propose New Diamond Nanostructure For Efficient Energy Storage

One of the biggest challenges for renewable energy research is energy storage. The goal is to find a material with high energy storage capacity and energy storage material with high storage capacity that can also quickly and efficiently discharge a large amount of energy. In an attempt to overcome this hurdle, researchers at the Queensland University of Technology (QUT) have proposed a brand-new carbon nanostructure designed to store energy in mechanical form.

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Energy Storage in the News

June 04, 2020

ENGIE, Enel X, Tesla top Guidehouse rankings of energy storage players

ENGIE, Enel X, Tesla, Honeywell, Con Edison Battery Storage, EDF, and NantEnergy were ranked as top leaders in the distributed energy storage integrator sector, according to a report released Wednesday by Guidehouse Insights. Greensmith Energy, Lockheed Martin, and AMS rounded out the top 10 ranked companies.​

 

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Energy Storage in the News

June 04, 2020

This virtual power plant demo in Louisiana tests a cool, new solar, storage platform

Heila Technologies is deploying intelligent energy storage+solar systems at a demonstration project in Shreveport, La., using SimpliPhi Power technology, with the support of Southwestern Electric Power Co. (SWEPCO), an American Electric Power (AEP) company. The demo will aggregate distributed energy resources and empower SWEPCO to manage these assets as an optimized fleet. This project will serve as a model for other stakeholders who are interested in the benefits of decentralized energy generation and storage working as a virtual power plant.

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Energy Storage in the News

June 04, 2020

TECHNOLOGY: Siemens eyes Tesla-beating battery for Australia grid woes

Three years after Elon Musk took up a challenge to solve Australian power outages by building the world’s biggest battery, a Siemens AG venture wants to install even larger ones to bolster renewable investment in the nation. Fluence Energy, a partnership between Germany’s Siemens and Arlington, Virginia-based AES Corp., is proposing to build two giant lithium-ion batteries at strategic points on the transmission grid to allow better access for clusters of wind and solar plants. It says it can have the units up and running within 18 months, much quicker than building out transmission infrastructure to accommodate more renewables.

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Energy Storage in the News

June 04, 2020

Agilitas Energy Secured Site for Non-Wires Energy Storage Project in Long Island City

Agilitas Energy, a leading Northeast energy developer, has recently secured a project site to install a 4.95 MWac / 20.6 MWh battery energy storage system in Long Island City after winning one of the largest competitive energy storage projects in New York City – Con Edison’s Newtown Non-Wires Solutions Energy Storage System Request for Proposals published in August 2019.

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Energy Storage in the News

June 04, 2020

Solar, Wind, Storage Link Arms for "Majority Renewables" Push by 2030

The U.S. solar, wind, energy storage and hydropower industries announced a new era of cooperation between their sectors, with a goal of bringing renewables to a majority of electricity generation by 2030. While the American solar and wind industries have long fought for many of the same policies on the national stage, the two markets are largely supported by different mechanisms at the federal level, and a policy victory for one industry has not always meant a victory for the other. 

That uneven support has at times appeared to put the industries at odds with each other, but the initiative announced this week makes explicit their plans to coordinate efforts. “We have a common vision,” said ESA CEO Kelly Speakes-Backman.

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Energy Storage in the News

June 02, 2020

Renewables Gain Investors as Some Flee Oil, Gas, and Coal

“There are concerns about financiers saying just wait and see, but I have not heard about anyone trying to renegotiate a project,” said Kelly Speakes-Backman, CEO of the Energy Storage Association, in an interview with POWER. Speakes-Backman is among the keynote speakers confirmed for POWER’s Distributed Energy Conference in Chicago, Illinois, Oct. 19-21.

“I can tell you I don’t see this crisis impacting the long-term ability of storage to grow,” Speakes-Backman said. “We’re expecting a 300% increase in storage deployment this year, so even a 50% drop in that means we’re still doing well. I really feel like this is going to be a near-term situation for our industry. People have already begun to realize the importance of energy storage to decarbonizing the grid, and I don’t think that goes away with this crisis.”

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