Energy Storage in the News

September 17, 2019

Renewables, Storage Poised to Undercut Natural Gas Prices, Increase Stranded Assets: RMI

Wind, solar, and storage projects, combined with demand-side management, have reached a ‘tipping point,’ meaning they’re now able to compete alongside natural gas on price while providing the same reliability services. But unlike the fluctuating price of fuels, these technologies’ prices are expected to continue dropping, according to a pair of reports released by the Rocky Mountain Institute.

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Energy Storage in the News

September 17, 2019

Alabama Power Moves Forward on Solar & Storage

Alabama Power is about to join the big leagues for solar + storage. Earlier this month the Southern Company subsidiary asked state regulators for permission to procure power from 400 MW of solar and energy storage, along with plans to add new gas turbines to existing plants, acquire a new plant and enter into a new contract for more gas.

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Energy Storage in the News

September 17, 2019

South Sudan to Embrace Renewables

The government of South Sudan and the South Sudan Electricity Corporation utility have launched a call for consultants to help define the nation’s renewable energy development program. The utility said consultants must have relevant professional experience, especially in development of private sector, grid-connected solar projects and associated battery storage. The winning bidder will be tasked with defining the tender mechanism for the procurement of clean energy generation capacity. The eight-year-old nation is facing an energy crisis with record low levels of access to electricity and high power prices.

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Energy Storage in the News

September 16, 2019

Commentary: The Military's Next Essential Tool: Battery Storage

Military bases around the country are developing plans and projects to ensure critical missions are powered in the face of nearly any disruption. Those plans increasingly include grid-scale battery storage, a resource well suited to mission assurance and the critical operations across the DoD footprint. Battery storage can provide immediate, flexible power to military installations while reducing the carbon footprint, fuel demands and recurring costs of existing backup generators. Storage technology has advanced to the point that large-scale installations can provide resilient power without straining defense budgets.

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Energy Storage in the News

September 16, 2019

Eos Looks to Scale Up Battery Manufacturing in Pittsburgh

Eos Energy Storage is gearing up for multi-gigawatt manufacturing. The Edison, New Jersey-based battery company inked a deal with Holtec International, mostly known in energy circles as a front-runner in the race to commercialize small modular reactors, to create a manufacturing joint venture to produce Eos’ Znyth aqueous zinc batteries. The new company plans to build a state-of-the-art manufacturing facility in Pittsburgh.

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Energy Storage in the News

September 16, 2019

Solar-Plus-Storage vs Grid Enhancement Part II

Grid expert Andrea Mansoldo tells pv magazine how energy markets based on solar and storage are feasible as an alternative to costly grid infrastructure work. He says around 6 GWh of battery capacity may be a good alternative to building 1000km of power line or an AC 750 kV high-voltage line.

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Energy Storage in the News

September 16, 2019

Implications of Rate Design for the Customer-Economics of Behind-the-Meter Storage

This work provides insights for the two main sources of bill savings for residential and commercial customers – demand charge reductions and arbitrage of energy charges – considering a range of customer profiles and retail rate designs. Storage can reduce monthly demand charges, which are dependent on the customer’s billing demand in kW rather than the amount of energy they consume in kWh, by charging during times of low energy consumption and discharging during peak consumption hours, thereby reducing peak power consumption from the grid. Storage can also reduce electricity bills by charging the storage during low-priced hours and discharging during high-priced hours, taking advantage of price-differentials of time-varying rates. This study considers a variety of demand charge designs and rates that allow for energy arbitrage.

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Energy Storage in the News

September 16, 2019

The Value of Customer-Sited Storage: It's About More than Demand Charges, Study Finds

As battery prices fall, energy storage is becoming economical in a growing number of markets. While customer-owned systems remain nascent, new research from the Department of Energy’s Berkeley Lab indicates they may pencil out for a growing number of residential and commercial customers — depending on how retail electricity rates are designed.

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Energy Storage in the News

September 16, 2019

Nothing Standing in the Way of Energy Storage's 'Explosive Growth': Navigant

The growth of the global energy storage market is creating one headline after another, as analysis after analysis predicts new heights of investments and deployments. Coupled with falling technology costs, particularly for lithium-ion batteries, energy storage is expected to play a key part in the global transition toward a more sustainable and reliable power grid. Navigant has identified close to 2,100 energy storage projects globally. And international storage markets are anticipated to grow exponentially over the next decade, a second report from Rethink Technology Research found.

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Energy Storage in the News

September 16, 2019

Open Season: The Next Steps for Energy Storage

The world has watched on as some of its leading regional markets, China, South Korea, Australia, Japan, parts of the US, the UK, and many parts of Europe have raced ahead in deploying energy storage in the last five years. Record-breaking figures have been reported in the US and other territories such as the UK, year-on-year. In those leading regions, the rapid rise is happening both in front of and behind the meter, with economic cases that are finally starting to make sense and often – but not always – with specific policy support.

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