Energy Storage in the News

March 04, 2021

'Best Is Yet to Come' for Energy Storage Technology

Advancements in batteries, along with an improved regulatory environment and more investment, could make this decade the Roaring ’20s for energy storage. 

Industry analysts have told POWER that energy storage, be it from batteries, thermal systems, mechanical storage, hydrogen production, or pumped hydropower, is critical to the advancement of the power sector. The need for storage is considered paramount to the electrification of transportation and other businesses, and to continued growth in renewable energy.

Kelly Speakes-Backman, former CEO of the Energy Storage Association who was recently named to a top post at the U.S. Dept. of Energy, told the audience at POWER’s Distributed Energy Conference last year that additions of battery storage doubled in 2020, and probably would have tripled if not for construction slowdowns caused by the COVID-19 pandemic.

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Energy Storage in the News

March 04, 2021

The Hottest Amenity From Developers? A Power Plant Made of Batteries.

Charged via rooftop solar panels, the cells form a network that provides a building with backup electricity and that utilities can tap during peak periods. Soleil Lofts, an apartment development in suburban Salt Lake City, offers a lot of amenities — pools, three spas, a basketball court, electric appliances, a dog park — to lure potential residents.

But the feature that sealed the deal for Maik Kannenberg, a sales representative for a local tech firm, was a sleek, silent device: an energy storage battery.

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Energy Storage in the News

March 04, 2021

The Hottest Amenity From Developers? A Power Plant Made of Batteries.

Charged via rooftop solar panels, the cells form a network that provides a building with backup electricity and that utilities can tap during peak periods. Soleil Lofts, an apartment development in suburban Salt Lake City, offers a lot of amenities — pools, three spas, a basketball court, electric appliances, a dog park — to lure potential residents.

But the feature that sealed the deal for Maik Kannenberg, a sales representative for a local tech firm, was a sleek, silent device: an energy storage battery.

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Energy Storage in the News

February 25, 2021

Gulf Power breaks ground on two large solar projects and one massive battery system

Gulf Power, a subsidiary of Florida Power and Light (FPL), has announced that its solar generation portfolio is set to be bolstered by nearly 150 MW as the utility begins construction on two solar installations in northwest Florida. The new solar energy centers under construction in the Panhandle are the Cotton Creek Solar Energy Center in Escambia County and the Blue Springs Solar Energy Center in Jackson County, both of which are set to clock in at 74.5 MW. The two projects are each expected to create roughly 500 jobs as they’re being built.

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Energy Storage in the News

February 25, 2021

Gulf Power breaks ground on two large solar projects and one massive battery system

Gulf Power, a subsidiary of Florida Power and Light (FPL), has announced that its solar generation portfolio is set to be bolstered by nearly 150 MW as the utility begins construction on two solar installations in northwest Florida. The new solar energy centers under construction in the Panhandle are the Cotton Creek Solar Energy Center in Escambia County and the Blue Springs Solar Energy Center in Jackson County, both of which are set to clock in at 74.5 MW. The two projects are each expected to create roughly 500 jobs as they’re being built.

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Energy Storage in the News

February 25, 2021

FERC gives preliminary permit to 2.2 GW storage project that would use Navajo coal plant power lines

The Federal Energy Regulatory Commission last week issued a preliminary permit for a proposed 2.2 GW pumped-storage hydropower project that would use the existing transmission infrastructure of the now-retired Navajo Generating Station coal plant. The proposed $3.6 billion project, called the Navajo Energy Storage Station, would draw on water from Lake Powell and deliver 10 hours of renewable energy daily to markets in California, Arizona and Nevada, according to project developer Daybreak Power.

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Energy Storage in the News

February 25, 2021

FERC gives preliminary permit to 2.2 GW storage project that would use Navajo coal plant power lines

The Federal Energy Regulatory Commission last week issued a preliminary permit for a proposed 2.2 GW pumped-storage hydropower project that would use the existing transmission infrastructure of the now-retired Navajo Generating Station coal plant. The proposed $3.6 billion project, called the Navajo Energy Storage Station, would draw on water from Lake Powell and deliver 10 hours of renewable energy daily to markets in California, Arizona and Nevada, according to project developer Daybreak Power.

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Energy Storage in the News

February 25, 2021

Google Spinoff Malta Nabs $50M Series B for Thermal Long-Duration Storage

Malta has raised a $50 million Series B round to bring its super-long-duration energy storage to market, the company said Wednesday. The startup spun out of Google parent company Alphabet’s moonshot factory, X, in 2018. Many startups tackling energy storage breakthroughs have looked to batteries and other electrochemical devices. Malta turned instead to thermal energy: It uses grid power to compress air for storage in hot molten salts and cold antifreeze liquid. A heat engine later converts the energy back to electricity for consumption. This apparatus, in theory, allows for storing power economically on much longer timescales than is feasible with the lithium-ion batteries prevalent today.

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Energy Storage in the News

February 25, 2021

Google Spinoff Malta Nabs $50M Series B for Thermal Long-Duration Storage

Malta has raised a $50 million Series B round to bring its super-long-duration energy storage to market, the company said Wednesday. The startup spun out of Google parent company Alphabet’s moonshot factory, X, in 2018. Many startups tackling energy storage breakthroughs have looked to batteries and other electrochemical devices. Malta turned instead to thermal energy: It uses grid power to compress air for storage in hot molten salts and cold antifreeze liquid. A heat engine later converts the energy back to electricity for consumption. This apparatus, in theory, allows for storing power economically on much longer timescales than is feasible with the lithium-ion batteries prevalent today.

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Energy Storage in the News

February 25, 2021

Senate Confirms Granholm to Head US Energy Department

The Biden administration can now get started on delivering the clean energy jobs it promised. The U.S. Senate voted on Thursday to confirm former Michigan Governor Jennifer Granholm as Secretary of the Department of Energy, kicking off the administration’s grand plans to shift the country towards decarbonization while boosting the economy.

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