Energy Storage in the News

October 28, 2020

‘Energy storage is the first truly digital asset for the electric network’: Fluence, AMS Q&A

We have often heard that while batteries and other hardware may be the most visible and talked-about components of an energy storage system, it is often software that defines what that energy storage system can do.

The recent acquisition of Advanced Microgrid Solutions (AMS) saw energy storage technology provider and system integrator Fluence take on a company with “one of the most powerful AI-enabled software engines available in the industry,” according to Fluence CTO Brett Galura.

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Energy Storage in the News

October 28, 2020

So, What Exactly Is Long-Duration Energy Storage?

Everyone’s talking about it, and Californians are buying in. Here’s what you need to know about this emerging grid sector. Long-duration storage occupies an enviable position in the cleantech hype cycle. Its allure has proven more durable than energy blockchain, and its commercialization is further along than super-buzzy green hydrogen. Depending on who you talk to, long-duration storage technology can knock out coal and gas peaker plants, turn renewables into round-the-clock resources and generally pave the way for a carbon-free grid.

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Energy Storage in the News

October 28, 2020

Musk promises to reinvent batteries as Tesla reports record Q3 solar and storage deployments

Tesla deployed a record 759 MWh of battery storage, while solar installations doubled thanks to the company’s decreased installation cost and online order form, company executives said during Wednesday’s Q3 earnings call. Demand has exceeded supply for Tesla’s utility-scale Megapack battery product, according to RJ Johnson, the company’s head of commercial energy.

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Energy Storage in the News

October 28, 2020

Best Ever Energy Storage Tech In US Army Sights

The US Army is going to be marching a whole new generation of electronic gear into the field over the next 5 to 10 years, and it will take a whole new generation of high performance, lightweight energy storage devices to keep them powered up. That’s good news for clean energy fans, as new military technology has a way of seeping over to the civilian sphere. With that in mind, let’s take a look at a new $7.2 million battery research program just launched by the Army Research Laboratory.

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Energy Storage in the News

October 27, 2020

New CEO to take LS Energy Solutions to the next level

ESA member LS Energy Solutions, the energy storage pioneer, announces the appointment of Steve Fludder, as new President and CEO. Fludder is an accomplished power and energy veteran, who most recently served as CEO of NEC Energy Solutions and earlier held the post of Chief Marketing and Sales Officer of Samsung Engineering. Steve started his career at GE and spent 27 years with the company including five years as a Vice President and Corporate Officer. He led GE’s company-wide environmental business initiative, which grew to $18 billion under his leadership.

In addition to appointing Steve Fludder as a new CEO, LS Energy Solutions is also appointing ESA board member Roger Lin as the new VP of Marketing and Strategy. Roger has over 15 years of battery technology experience, and is a recognized expert and key contributor to the energy storage industry. Prior to joining LS Energy, Roger led global marketing, strategy, and product at NEC Energy Solutions, and has held key roles at A123 Systems, a lithium-ion battery startup. Together, Fludder and Lin will be taking the company to the next level in the exponentially growing energy storage market.

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Energy Storage in the News

October 23, 2020

Executives Tout Storage as Key for Distributed Generation

“The market has definitely improved,” said Woody Rubin, president of AES Distributed Energy, noting a recovery in distributed energy projects is starting to take shape after the economic fallout from the coronavirus pandemic. Rubin said there have been some supply chain issues, along with labor shortages due to lockdown measures, but those are being resolved.

Rubin echoed comments from Kelly Speakes-Backman, CEO of the Energy Storage Association, who provided a keynote address to wrap up the event’s first day on Monday. She talked about “the value of storage for consumers,” including how storage provides for “stacking the full value of multiple services” for electricity customers. “It’s important for reliability and resiliency,” she said, noting it improves power quality and provides many ancillary services.

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Energy Storage in the News

October 23, 2020

Utility-scale battery storage costs decreased nearly 70% between 2015 and 2018

The average energy capacity cost of utility-scale battery storage in the United States has rapidly decreased from $2,152 per kilowatthour (kWh) in 2015 to $625/kWh in 2018. Battery storage systems store electricity produced by generators or pulled directly from the electric power grid and redistribute the power later as needed. At the end of 2018, the United States had 869 megawatts (MW) of installed battery power capacity (the maximum amount of power a battery can provide at a given moment) and 1,236 megawatthours (MWh) of battery energy capacity (the total amount of energy that can be stored by a battery).

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Energy Storage in the News

October 23, 2020

Funding the Next Generation of Efficient, Electric, Grid-Interactive Communities

U.S. homes and commercial buildings consume roughly two-fifths of the country’s overall energy and three-fourths of all electricity. The Department of Energy’s $65 million funding for “connected communities” projects that was announced last week is focused on all three parts of this equation. It builds on scores of projects across the country combining high efficiency, electrification and distributed energy resources such as rooftop or community solar, battery and thermal energy storage, and electric vehicle charging.  

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Energy Storage in the News

October 23, 2020

Long Duration Meets Refrigeration: Managing Demand with Thermal Energy Storage

This food supply sector, also referred to as the “cold chain,” is designated as critical infrastructure and is of vital importance—particularly during the type of public health emergency the world has faced over the past several months, and will continue to face until the pandemic is under control. Commercial and industrial (C&I) refrigerated facilities have the highest electricity demand per square foot of any industrial load. C&I refrigeration sites also consume more energy from the grid than any other usage category other than lighting. Significantly, energy often accounts for up to 70% of the total electric bill for C&I cold storage companies.

 

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