Energy Storage in the News

July 25, 2019

A High-Rerformance Battery for Renewable Energy Storage

A low-cost, high-performance battery chemistry developed by CU Boulder researchers could one day lead to scalable grid-level storage for wind and solar energy that could help electrical utilities reduce their dependency on fossil fuels. The new innovation, described today in the journal Joule, outlines two aqueous flow batteries, also known as redox flow batteries, which use chromium and organic binding agents to achieve exceptional voltage and high efficiencies. The components are abundant in nature, offering future promise for cost-effective manufacturing.

Read More

Energy Storage in the News

July 25, 2019

How Energy Storage is Creating New Opportunities

A major disruption to the global economy is coming in the form of a seismic shift in energy markets. Largely driven by energy storage, this disruption will create exciting opportunities for the renewable energy market and will, in our view, drastically change the time of day electricity price curve (that is, the ‘duck curve’). The increased availability and adoption of battery storage will enable solar energy generators to match for the first time the supply of electricity to the time of customer use, which has historically been the major impediment to the growth of direct renewable electricity supply.

Read More

Energy Storage in the News

July 25, 2019

Dynapower Introduces New Financing Program for Energy Storage Systems

Energy storage system manufacturer Dynapower has announced its involvement with a new energy storage financing program. Partnering with Lease Corporation of America, Dynapower will offer financing to system integrators and energy storage system buyers. The new energy storage financing covers the equipment purchase, installation, commissioning and training costs in one lease.

Read More

Get the latest energy storage news in your inbox

Energy Storage in the News

July 25, 2019

Solar + Batteries Help the Grid Recover in Kaua'i

On Sunday a cable failure took the largest power plant on the island of Kaua’i in Hawaii offline, which led to cascading failures in other oil-fired and hydro power plants, leading to a 2+ hour blackout for the island’s 66,000 residents. Despite work on the Port Allen oil-fired power plant continuing and still waiting on parts to repair the Kapaia oil-fired power plant which started it all, the Kaua’i Island Utility Cooperative (KIUC) did not have to implement further rolling blackouts on Tuesday. This was in part due to the contributions of solar and storage.

Read More

Energy Storage in the News

July 24, 2019

Western Farmers Electric Cooperative Agrees to Tap Wind, Solar and Battery-Powered Energy to Help Meet Future Demands

One of Oklahoma’s biggest electric cooperatives is juicing up its power capacity using cutting-edge technology. On Tuesday, Western Farmers Electric Cooperative announced it executed a power purchase agreement with NextEra Energy Resources that includes 200 megawatts of battery-stored energy and will take the capacity of its generating fleet to more than 3 gigawatts.

Read More

Energy Storage in the News

July 24, 2019

400 Megawatt Pumped Hydro Facility In Montana Secures $1 Billion In Funding

A proposed 400 megawatt pumped hydro storage project near Martinsdale, Montana is a big step closer to reality. Its promoter, Absaroka Energy, announced this week it had secured $1 billion in financing from Copenhagen Infrastructure Partners in Denmark. The closed loop Gordon Butte Pumped Storage Hydro project has already received all the necessary permits from the Federal Energy Regulatory Commission and could begin construction as early as next year.

Read More

Energy Storage in the News

July 24, 2019

GE Books US Hydro Upgrade Double

GE Renewable Energy has secured two contracts in the US to supply technology to upgrade hydro plants with a combined capacity of 1249MW. FirstLight has chosen GE Renewable Energy to design, supply, install and commission a new spherical valve at the 4x292MW Northfield Mountain pumped hydro storage station. PG&E has selected the company to replace a runner and shaft of the first of three 27MW units at the Caribou One project.

Read More

Energy Storage in the News

July 24, 2019

Battery Storage companies Set $1.4B Record in Venture Capital Funding: Report

Battery storage companies have raised a combined $1.4 billion in venture capital funding during the first six months of 2019, up from $543 million during the same time period last year, according to a new report by Mercom Capital Group. The uptick in VC funding for battery storage companies comes amid an increased focus on the technology, which enables the integration of more renewable energy and has the potential to replace gas-peaker fleets around the country.

Read More

Energy Storage in the News

July 24, 2019

Battery Storage Gains, May Replace Gas for Peak Power

Utility companies seeking to reduce CO2 emissions are increasingly relying on battery energy storage systems to meet peak-power demand as they retire their gas-fired plants. “Providing peaking capacity could be a significant U.S. market for energy storage,” according to a June report from the National Renewable Energy Laboratory. Rapidly falling battery costs make the transition attractive.

Read More

Become a Member

Join ESA - the National Network of Energy Storage Stakeholders

Learn More About Membership