Tag: energy storage

June 25, 2024

Amid a strong start to the year for grid-scale energy storage capacity installations, WoodMac and ACP forecast 11.1 GW in total grid-scale installations for 2024, a 45% increase over 2023. Texas is expected to account for the most megawatts installed […]

June 14, 2024

Nevada-based utility NV Energy said it plans to add more than 1 GW of capacity from both solar power and battery energy storage to its generation portfolio by the end of 2027. The company, which includes Las Vegas in its […]

May 7, 2024

Cleanly and affordably expanding the U.S. electric grid will require large amounts of energy storage and the Department of Energy is asking stakeholders to shine a light on potential manufacturing and design challenges that could limit deployment. DOE’s Office of […]

April 9, 2024

On August 24, 2023, the PUC agreed to develop a policy statement that includes a definition of energy storage assets and resources and clarifies when such resources can be deployed and who should own them. At a public meeting on […]

April 3, 2024

Sunnova Energy International Inc., an adaptive energy services company, announced continued investments and expansion to its virtual power plant (VPP) network, providing increased reliability, reduced emissions, and lower costs. With its VPP investments, Sunnova is boosting accessibility in California, Connecticut, […]

January 22, 2024

Under the new joint venture — funded 60% by SK and 40% by Apex — the latter will oversee the construction and operations of the Great Kiskadee project, as well as future energy storage projects it will own. By combining […]

December 18, 2023

Growth in the solar power sector is being driven not only by ever-larger utility-scale farms, but also by growth in distributed generation. This smaller-scale use of solar energy is being supported as more homeowners and commercial and industrial (C&I) businesses […]

December 5, 2023

Achieving the Biden administration’s goal of decarbonizing the power sector by 2035 will require a slew of energy storage technologies beyond just lithium-ion batteries, and multiple players are bringing new technology solutions to the market to fill that gap. Lithium-ion […]

June 20, 2023

Lumen’s study takes a closer look at the operations, costs and benefits of storage resources in California – largely lithium-ion batteries, but also including thermal energy storage and other battery chemistries. These resources range from 25 kW to 300 MW, […]

May 16, 2023

Green Mountain Power has asked Vermont regulators for permission to lift the cap on its popular residential energy storage programs to expand customer access to battery backup power. GMP’s Powerwall program, in partnership with Tesla, and its Bring Your Own […]

May 1, 2023

There are many reasons utilities and power plant operators need to enable advanced analytics to better utilize data. It could start with better load forecasting with real-time updates, supporting both power plant operations and the electricity grid. Data also is […]

May 1, 2023

European countries have moved quickly to adopt new energy sources after Russia’s invasion of Ukraine in February 2022. Governments have reduced imports of Russian-produced energy, with demand for natural gas in the European Union (EU) dropping by 13% last year […]

March 7, 2023

Much of the current movement to decarbonize the grid involves installing many gigawatts of battery-based energy storage. Lithium-ion technology is leading the way with breathtaking advances that are addressing everything from improved performance to strategies to mitigate the risk of […]

February 13, 2023

San Antonio-based CPS Energy has secured approximately 650 MW of natural gas, solar and energy storage to finalize its FlexPOWER Bundle Initiative. The FlexPOWER Bundle initiative aims to further diversify CPS Energy’s power generation mix, adding up to 900 MW […]

February 6, 2023

Solar will make up more than half of new U.S. electric generating capacity additions in 2023, according to the latest analysis from the U.S. Energy Information Administration (EIA). Developers plan to add 54.5 GW of new utility-scale electric-generating capacity to […]

January 24, 2023

Investor interest in energy storage is growing — and probably hasn’t yet peaked, according to Mercom Capital Group. While overall corporate funding for energy storage increased to record levels in 2022, venture capital invested in energy storage declined by a […]

January 3, 2023

Power generators have faced challenges the past few years when it comes to sourcing equipment, and in some cases workers. The fallout from the coronavirus pandemic, notably issues with supply chains, still ripples across the industry. Some of the logistical […]

December 15, 2022

To meet its ambitious climate goals, the U.S. must develop 100 gigawatts (GW) of energy storage by 2030. While energy storage capacity in the U.S. tripled last year, the market has only made a small dent with just more than […]

December 13, 2022

Developers and power plant operators expect to be using 1.4 GW more battery capacity by the end of the year than in October. From 2023 to 2025, EIA forecasts another 20.8 GW will come online. More than 75% of the […]

December 12, 2022

A former coal-fired power plant in New Jersey was imploded earlier this month as the state moves aggressively to adopt clean energy policies. Starwood Energy demolished the former Logan Generating Plant and announced plans for a new $1 billion venture […]