Energy Storage in the News

December 06, 2019

FERC Tariff Approvals Create Big Moment for Energy Storage

US regulators gave energy storage a boost with recent approvals of tariffs filed by grid operators that create standardized ways of offering the resource to wholesale markets. Approved for some grid operators in late October and others last week, the tariffs are a response to a previous Federal Energy Regulatory Commission (FERC) order seeking fair treatment of energy storage in wholesale markets.

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Energy Storage in the News

December 06, 2019

New York Permits 316 MW Battery Storage Project, Trading Gas Plant for World’s Largest Battery

New York’s utility regulator has approved construction on a 316-megawatt battery storage plant, a facility that, if built, would provide emissions-free power to New York City and the surrounding region while replacing a significant portion of the city’s fossil-fueled energy. Known as the Ravenswood Development, the project aims to provide 2,528 MWh of power and would operate during peak hours, with enough storage capacity to discharge 8 hours of power during the hours of highest demand.

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Energy Storage in the News

December 06, 2019

Utility-Scale Storage Critical to Achieving Massachusetts Carbon Goals: UMass Study

The Commonwealth of Massachusetts is likely to fall short of its greenhouse gas emission goals if it cannot implement utility-scale storage, according to a new study. More than 70% of the state’s two pumped-hydro storage facilities — with a collective capacity of around 1,800 MW — is currently unutilized due to the lack of market incentives, according to researchers. The lack of utility-scale storage could mean that the state’s grid remains “dirty” even with a high penetration of renewables.

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Energy Storage in the News

December 05, 2019

NV Energy to Add 3 Solar and Storage Projects to Southern Nevada

NV Energy received approval from state regulators to add three solar projects in Southern Nevada that should generate enough electricity to power 230,000 homes. On Wednesday, the Public Utilities Commission of Nevada approved NV Energy’s Integrated Resource Plan, which would add 1,190 megawatts of solar renewable energy projects to the state, as well as an additional 590 megawatts of energy storage capacity.

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Energy Storage in the News

December 04, 2019

Cheap at Last, Batteries Are Making a Solar Dream Come True

The first solar-plus-storage installations started about a decade ago on a small scale in sunny states like California, Hawaii, and Arizona. Now they’re spreading across the country, driven by falling prices of both solar panels and lithium-ion batteries. “This is not just a California, New York, Massachusetts thing,” says Kelly Speakes-Backman, CEO of the Energy Storage Association, an industry group in Washington. She says more than 30 states have renewable storage on the grid. Utilities have proposed and states have approved 7 gigawatts to be installed by 2030.

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Energy Storage in the News

December 04, 2019

Florida Utility Puts $700 Million to Work for Solar and Storage

Duke Energy Florida, a subsidiary of Duke Energy, has completed a $700 million debt issuance for the utility’s first green bond, which will finance eligible green energy projects, including the development, construction and procurement of solar generation and utility-scale battery storage projects in the state.

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Energy Storage in the News

December 04, 2019

US Storage Market Rebounds as Outage-Scarred California Promises Big 2020 Growth

The U.S. energy storage market bounced back in the third quarter of 2019, both in front of and behind the meter. But the most notable events of the quarter — the massive fire-prevention power outages in California — will have much larger impacts in the year to come. Wood Mackenzie expects one in five residential solar systems installed in California next year to be paired with batteries.

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Energy Storage in the News

December 04, 2019

Wärtsilä to Provide Full Energy Storage Solution for One of the Largest Power Hybrid Projects at an Off-Grid Mine in Mali

The technology group Wärtsilä will optimise the energy system of the Fekola Mine, located in a remote region in southwest Mali. This is needed to improve the mine’s operations, reduce fuel consumption, and lessen the carbon emissions. Wärtsilä has been contracted to design and engineer a cutting-edge 17MW/15MWh energy storage system based on the company’s GEMS energy management solution. 

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Energy Storage in the News

December 04, 2019

Renewable Energy: What Happens When The Sun Isn't Shining And The Wind Isn't Blowing

Northfield Mountain Power Station in Erving, Mass. is the old school solution to how the grid handles energy shortages, and one of the state’s oldest batteries. Northfield Mountain may not be what you think of when you picture a battery. The station is located inside of the mountain and operates by pumping and releasing water between a reservoir on top of the mountain, and the Connecticut River that runs at the mountain’s base

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