Energy Storage in the News

November 06, 2019

Webinar: New York’s Energy Storage Outlook: Gigawatts, Targets and Incentives

This webinar is free for members of ESA and NY-BEST, and $75 for non-members. Register here.

Please join us November 22, 2pm EST, for a webinar with the top experts on the New York storage landscape from the New York Battery and Energy Storage Technology Consortium (NY-BEST) to discuss what the latest policy activity means for the outlook for energy storage in New York. Some key questions include: Will New York take resource adequacy from the New York Independent System Operator or will the wholesale market rules adapt to support the State’s climate and energy goals? What will happen with the natural gas peaker plants in New York City?

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Energy Storage in the News

November 06, 2019

Webinar: Long Duration Storage: Where are We Now and Where are We Headed?

This webinar is free for ESA members; $75 for non-members. The slides and recording will be available to all registrants. Register here.

Join us November 20 at 2pm EST for a webinar that will review the several energy storage technologies that can provide reliable energy beyond the durations that are presently commonplace. These technologies meet many existing needs, from power during grid outages to helping utilities and large users meet peak demand by using storage to shave peak load, thus reducing or eliminating the need for power from fossil-fuel peaker generation. They also represent foundation technologies for developing future, longer-duration storage solutions.

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Energy Storage in the News

November 06, 2019

Stem Joins Forces with NEC Energy Solutions to Deliver Turnkey Offering for Solar + Storage Optimization

Stem, Inc., the global leader in artificial intelligence (AI)-driven energy storage services, announced today that it is partnering with NEC Energy Solutions, headquartered in Westborough, MA, to simplify and optimize the deployment and operation of solar + storage projects. Stem will resell and integrate its Athena AI platform with NEC’s GSS® end-to-end grid storage solution. The agreement will result in a powerful solar + storage solution for large-scale projects, leveraging NEC’s AEROS® proprietary energy storage controls and Stem’s sophisticated Athena™ AI platform to perform solar and storage optimization, wholesale market participation services, solar charging compliance and reporting, and warranty compliance and administration.

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Energy Storage in the News

October 31, 2019

Bulking Up: Storage Heads for Center Stage

Until recently, battery energy storage has largely served markets at the margin, offering short bursts of frequency regulation or light pricing arbitrage. According to the U.S. Energy Information Administration (EIA), however, utility-scale storage is about to leap forward in the U.S. The growth is being driven not just by falling storage costs, but also continuous price drops for clean generation. Forecasters largely missed this emerging dynamic. Although storage’s progress down the cost curve has historically been slower, whole system costs have continued to fall as wind and solar became the cheapest form of generation.

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Energy Storage in the News

October 31, 2019

Breakthrough Batteries

Rapid advancements in battery technology are poised to accelerate the pace of the global energy transition and play a major role in addressing the climate crisis. With more than $1.4 billion invested in battery technologies in the first half of 2019 alone, massive investments in battery manufacturing and steady advances in technology have set in motion a seismic shift in how we will organize energy systems as early as 2030.

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Energy Storage in the News

October 31, 2019

Interior Gives VI Energy Office $625000 to Support Energy Resilience at Hurricane Shelters

The Virgin Islands Energy Office (VIEO) was chosen as a recipient of $625,000 in Fiscal Year 2019 funding under the Energizing Insular Communities (EIC) grant program, funded and administered through the U.S. Department of the Interior’s Office of Insular Affairs. The VIEO will utilize the grant to develop a Solar Plus Storage Micro-Grid pilot project that will be integrated at the St. Croix Educational Complex’s emergency hurricane shelter. The micro-grid will enable the emergency shelter to function reliably during extended grid outages and significantly reduce the use of fossil fuel generators that have proven difficult to maintain and costly to fuel.

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Energy Storage in the News

October 30, 2019

One Gigawatt Down, Portfolio of Gigawatts Next

Fluence has been awarded or built more than 1 GW of energy storage capacity in 95 unique projects across 20 countries. Now, the company – a joint venture between Siemens and AES –is modeling the future of the power grid to predict where its expertise will be utilized next. The company expects significant future volume to come from two pathways: “wireless solutions” – that is, storage as transmission – and reaching into the natural gas mid-merit market.

 

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Energy Storage in the News

October 29, 2019

Empower Energies and Hannon Armstrong Announce Large Investments in C&I Renewable Energy Projects

Empower Energies, a renewable energy development and financing company, and Hannon Armstrong, an investor in climate change solutions, recently announced they will jointly invest in renewable energy projects in the commercial & industrial (C&I) and municipal, university, school, and hospital markets across the United States. The collaboration unites Hannon Armstrong’s extensive experience in providing long term financing with Empower Energies’ existing platform for the development and acquisition of C&I-scale solar rooftop, ground-mount solar and canopy projects, as well as energy storage and related distributed generation technologies.

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Energy Storage in the News

October 29, 2019

Lead Battery Carves Market Position as Energy Storage Grows

With energy storage expected to double this year and triple in 2020, researchers are working to boost lead battery performance for its use in renewable energy integration and electric vehicles. energy storage deployment. The Consortium for Battery Innovation (CBI), a global research organization that funds innovation in lead batteries, has developed a roadmap for growth. Advanced lead batteries offer cost and sustainability advantages, said Alistair Davidson, director, CBI. They’re generally less expensive than alternatives and are recycled at a rate of 99%.

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Energy Storage in the News

October 29, 2019

ESS Raises $30M From SoftBank, Breakthrough Energy Ventures to Scale Iron Flow Batteries

Iron flow battery startup ESS raised an additional $30 million to take its technology from pilots to commercial scale. Since 2011, the company has been developing a low-cost, nonflammable long-duration storage technology to compete across domains where the dominant lithium-ion battery chemistries are weaker. The bigger potential for flow batteries is large-scale renewable energy-shifting, and that requires moving into megawatt-scale territory. This marks the second energy storage investment from Japanese investment firm SoftBank. It made its first foray into the sector this summer with a splashy $110 million investment in the block-stacking gravity storage startup Energy Vault. 

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