Dynamic pricing, a well-known strategy in the wholesale electricity markets of the United States, finds its greatest potential yet within electric utility distribution networks. Despite its underutilization in transmission and distribution (T&D), dynamic pricing's promise lies in efficiently
The Smackover Formation in southwestern Arkansas is emerging as a potential game-changer in the global lithium market, essential for electric vehicle (EV) batteries and energy storage devices. A recent report by the U.S. Geological Survey (USGS) and the Arkansas Department of Energy and Environment
SolaX Power, a renowned leader in global energy storage solutions, has announced a substantial investment of 149.8 million USD. This significant financial move is set to revolutionize the company's capabilities in energy storage and smart energy systems. The new facility will be located in Zhejiang
California has recently achieved a groundbreaking milestone in the realm of energy storage, with the California Independent System Operator (CAISO) integrating over 10.219 gigawatts (GW) of utility-scale energy storage into its power grid by October 2024. This substantial achievement aligns with
The second quarter of 2024 marked a significant milestone for the U.S. energy storage sector, as reported by the American Clean Power Association (ACP) and Wood Mackenzie. With over 3 GW/10.5 GWh of new energy storage capacity deployed, this period reflects a remarkable growth trajectory, signaling
The Tennessee Valley Authority (TVA), a federally owned utility, recently unveiled a draft resource plan aimed at addressing electricity demand through 2035. This plan has sparked significant controversy as various citizen groups and energy experts voice their disapproval of its heavy reliance on
