1. Articles from utilitydive.com

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    1. LCUS: A New Way to Accurately Measure Energy Storage Costs

      LCUS: A New Way to Accurately Measure Energy Storage Costs

      It is often difficult to evaluate the benefits, effectiveness and costs of energy storage technologies. These benefits are dependent on how one uses storage and which technology is used for what purpose. The cost of using an energy storage asset also depends on the initial material and installation costs, as well as how well it is maintained during its service life. These aspects are interconnected and, until now, customers have not been able to easily access this information with a simple test. The new Levelized Cost of Using Storage method combines acquisition costs, O&M, expected use, and service life data into a single meaningful metric to compare different energy storage technologies.

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      Mentions: NEC
    2. Battery Storage companies Set $1.4B Record in Venture Capital Funding: Report

      Battery Storage companies Set $1.4B Record in Venture Capital Funding: Report

      Battery storage companies have raised a combined $1.4 billion in venture capital funding during the first six months of 2019, up from $543 million during the same time period last year, according to a new report by Mercom Capital Group. The uptick in VC funding for battery storage companies comes amid an increased focus on the technology, which enables the integration of more renewable energy and has the potential to replace gas-peaker fleets around the country.

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    3. 'Opportunities Everywhere': NREL Study Shows Mass Potential for Storage to Provide Peaking Capacity

      'Opportunities Everywhere': NREL Study Shows Mass Potential for Storage to Provide Peaking Capacity

      The booming U.S. battery storage market is showing no signs of slowing down, and a new government-funded report says its prospects could be even bigger than previously thought. "The Potential for Battery Energy Storage to Provide Peaking Capacity in the United States," published last month by the National Renewable Energy Laboratory (NREL), concluded that every region across the country offers the potential for peaking capacity needs to be met by short-duration, four-hour battery storage systems.

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    4. New York Regulators Assess Potential for Storage to Replace Peaking Units in the State

      New York Regulators Assess Potential for Storage to Replace Peaking Units in the State

      New York's Department of Public Services on Monday issued two reports on energy storage development in the state — a unit-by-unit study of replacing or repowering peaking units in the state and a review of a DER Data Platform pilot.
      At least 275 MW of peaking units, or about 6% of the total rated capacity of New York's peaking fleet, were identified as potential candidates for replacement with six‐hour energy storage sized to the maximum 2013 output of each peaking unit, according to study. This number increases to over 500 MW when using eight‐hour duration storage.

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      Mentions: New York
    5. Diversifying the Northeast Power Mix: Is Offshore Wind + Storage Key to the Region's Reliability?

      Diversifying the Northeast Power Mix: Is Offshore Wind + Storage Key to the Region's Reliability?

      Offshore wind and battery storage are about to come into the Northeastern power mix in a big way. With more states requiring offshore wind targets, almost 18 GW are mandated to come online by 2035 in states across New England. But how that intermittent capacity will fit into an increasingly clean energy mix, how it will impact system reliability and whether the region's utilities are ready for more change, remains in question.

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    6. Creating a domestic market is paramount for US Battery Industry to Close the Gap with China

      Creating a domestic market is paramount for US Battery Industry to Close the Gap with China

      Spurred by increased global demand for electric vehicles, energy storage systems and consumer electronics, lithium-ion batteries have become invaluable in today's global society. Industry experts say the United States has to create incentives for lithium-ion battery products to encourage manufacturers and decrease its dependence on Chinese imports.

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      Mentions: Asia China
    7. How Can the US Reduce Battery Costs and Foreign Dependence? Recycle, Argonne Official Tells Senators

      How Can the US Reduce Battery Costs and Foreign Dependence? Recycle, Argonne Official Tells Senators

      Recycling lithium-ion batteries could significantly reduce the cost of battery storage and other applications, George Crabtree, director at Argonne National Laboratory's Joint Center for Energy Storage Research, told the Senate Energy and Natural Resources Committee yesterday. The U.S. Department of Energy earlier this year launched a program that aims to reclaim and recycle critical materials from lithium-based battery technology. Sen. Manchin, D-W. Va., voiced concerns that the current trade war between the United States and China, and general instability of the bilateral relationship, could affect the supply of minerals such as lithium or cobalt commonly used in battery storage.

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      Mentions: U.S. Argonne Congress
    8. What's the Value of Energy Storage? Minnesota Aims to Find Out

      What's the Value of Energy Storage? Minnesota Aims to Find Out

      Minnesota lawmakers included multiple energy storage provisions in the Omnibus Jobs and Energy Bill when they approved it May 24, including requiring utilities to consider batteries as a resource in their long-term planning efforts. The bill also directs the Minnesota Department of Commerce to conduct an energy storage cost-benefit analysis, in order to determine the value of adding the resource to the electric grid.

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    9. Eversource Turns to Non-Wires Solution in Outage-Plagued New Hampshire Town

      Eversource Turns to Non-Wires Solution in Outage-Plagued New Hampshire Town

      Eversource Energy is turning to efficiency and energy storage to help maintain reliability in a small, rural New Hampshire town prone to outages, rather than spend $6 million to construct a new 10-mile distribution circuit. The largest component of the Westmoreland Clean Innovation Project is a 1.7 MW / 7.1 MWh lithium-ion battery, estimated to cost $7 million. Despite being costlier than the new-circuit alternative, the utility says the project will deliver savings to Eversource customers by reducing peak costs. The project aims to improve service in the town, which is served by a single major power line.

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    10. FERC Commissioners Deny Opportunity for State-by-State Opt Out of Storage Order

      FERC Commissioners Deny Opportunity for State-by-State Opt Out of Storage Order

      The Federal Energy Regulatory Commission (FERC) voted Thursday to deny requests for rehearing of Order 841, a landmark decision seeking to provide fair market access for energy storage resources. Commissioners were nearly unanimous in voting to affirm FERC's determinations made in Order 841 regarding their authority over wholesale market sales, and to decline to adopt a state-by-state opt out of storage participation in the wholesale market.

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      Mentions: FERC
    11. WoodMac: Energy Storage will Move Toward Value Stacking as Industry Matures

      WoodMac: Energy Storage will Move Toward Value Stacking as Industry Matures

      Value stacking, or revenue stacking, is expected to play an increasingly important role in energy storage's future, with industry stakeholders currently determining the best ways to monetize the various use-case applications of storage. While utilities and regulators across the country have toyed with the idea of value stacking, and even adopted minor changes to capitalize on the technology's different applications, value stacking on a large scale is not happening yet.

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    12. North Carolina Approves Duke's First Solar+Storage Residential Microgrid

      North Carolina Approves Duke's First Solar+Storage Residential Microgrid

      North Carolina regulators on Friday approved a solar+storage microgrid project proposed by Duke Energy, designed to help maintain reliable power for a small town called Hot Springs in the western part of the state. The project includes a 2 MW solar array and 4 MW lithium-ion battery, and will be Duke's first utility-scale solar+storage project for residential customers. The microgrid is a small part of Duke's broader plan to roll out more storage on its system.

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    13. California ISO Tests Flow Battery Tech that Could Decrease Bulk Storage Costs

      California ISO Tests Flow Battery Tech that Could Decrease Bulk Storage Costs

      The California Independent System Operator (CAISO) on April 30 said it has become one of the first wholesale power markets in the United States to connect a new and innovative battery storage technology to its grid. The four-year pilot project is intended to test and evaluate the performance of flow batteries in the commercial wholesale market. San Diego Gas & Electric, in coordination with Tokyo-based Sumitomo Electric, started testing a flow battery in 2015, according to CAISO, and the battery started participating in the ISO wholesale market in December.

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    14. Moving Beyond 'Rules of Thumb' for Smart, Cost Effective Storage Deployment

      Moving Beyond 'Rules of Thumb' for Smart, Cost Effective Storage Deployment

      Energy storage is progressing by leaps and bounds as a potentially transformative resource for the power sector. Recent utility-scale storage announcements come on the heels of a reports highlighting the steep drop in the cost of storage. A more holistic, analytically informed approach to storage deployment — better insight into its specific system benefits and more robust approaches to assigning its capacity value, among other recommendations discussed herein — will ease growing pains and maximize value as the U.S. storage industry expands dramatically over the next few years.

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    15. Duke, Eversource Commit to Create Energy Storage Safety Standards

      Duke, Eversource Commit to Create Energy Storage Safety Standards

      Duke Energy, Eversource and 25 other energy companies signed an energy storage corporate responsibility pledge and committed to participate in a taskforce to optimize safety standards, according to an announcement by the Energy Storage Association on Thursday. The pledge prioritizes safety for energy storage resource deployment, integration, and operation. Utilities and third-party storage developers pledged to contribute storage experts to a taskforce focused on responsible supply chain practices, potential operational hazards, end-of-life, and recycling in the industry. The ESA formally launched its corporate responsibility initiative for the industry at its annual conference in Phoenix, Arizona last week.

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    16. Green Mountain Power Aims for 100% Renewables by 2030 with up to 100 MW Storage

      Green Mountain Power Aims for 100% Renewables by 2030 with up to 100 MW Storage

      Green Mountain Power (GMP), Vermont's largest utility, on Saturday announced a goal to reach 100% carbon-free resources by 2025 and 100% renewables by 2030. The utility's IRP identifies distributed energy resources as central to reaching that goal, including small-scale generation and storage facilities. GMP plans to add 50 MW to 100 MW of storage over the next 10 years in order to reach its renewable energy goals.

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      Mentions: Vermont
    17. A Brighter Future: Why Energy Storage Belongs in the Investment Tax Credit

      A Brighter Future: Why Energy Storage Belongs in the Investment Tax Credit

      Renewable energy has come a long way in the last decade and that's good for all of us. But a successful clean energy market and smart power grid can only go as far as advances in energy storage can take us. With that in mind, U.S. Sens. Cory Gardner, R-Colo., and Martin Heinrich, D-N.M., introduced legislation Thursday that would expand the investment tax credit (ITC) to include standalone energy storage investments. As it is now, only a small subset of energy storage projects co-located with solar are eligible.

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      Mentions: U.S. Congress ESA
    18. EVgo Adding 14 Battery Storage Systems to Spur EV Fast Charger Deployment

      EVgo Adding 14 Battery Storage Systems to Spur EV Fast Charger Deployment

      EVgo said April 11 it has completed or has in construction 14 battery storage systems at 11 fast charging stations. The company calls it the largest deployment of battery storage systems at public fast charging stations in the nation. The storage systems will help overcome some of challenges inhibiting fast charging deployment, including providing relief to demand charge rate structures, the company said in a statement. EVgo said battery storage will also help charging stations by offering load balancing and mitigating distribution grid upgrade costs, particularly 'as station sizes and power rating increase.'

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      Mentions: EVgo
    19. FERC Asks Grid Operators for More Detail on Storage Participation

      FERC Asks Grid Operators for More Detail on Storage Participation

      The Federal Energy Regulatory Commission on Monday asked regional grid operators for more information on how they will implement a major order on energy storage issued last year. FERC asked each grid operator to detail various aspects of energy storage market participation, including size requirements, state of charge management and how storage resources can participate as both buyers and sellers in wholesale markets. The requests come as FERC considers rehearing requests on its landmark February 2018 energy storage directive, Order 841. Grid operators have 30 days to file responses.

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      Mentions: FERC PJM New York
    20. NYPA Initiative Targets Quicker Commercialization Path for Storage, EV Startups

      NYPA Initiative Targets Quicker Commercialization Path for Storage, EV Startups

      A new partnership led by the New York Power Authority (NYPA) will focus on finding and assisting startup businesses focused on electric vehicle and energy storage technologies, aiming to help meet the state's Green New Deal goals, Gov. Andrew Cuomo, D, announced yesterday. Dubbed the "NYPA Innovation Challenge," the partnership between the utility and New York University Tandon's Urban Future Lab will launch in May with an application deadline in June and winners announced a month later. The challenge will support NYPA's $250 million EVolveNY electric vehicle adoption initiative, as well as New York's goal to add 3 GW of battery storage by 2030.

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    21. Solar + Storage Projects to Drive Utility-Scale Deployment of Batteries: Navigant

      Solar + Storage Projects to Drive Utility-Scale Deployment of Batteries: Navigant

      Storage-plus PPAs are already less expensive than the levelized cost of energy for combined cycle natural gas in the United States, according to a recent report from Navigant Research. Lithium-ion batteries are one of the main drivers in the growth of the utility-scale energy storage market, accounting for almost 30% of non-pumped storage capacity developed since 2011, the report found.

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      Mentions: Hawaii U.S. Navigant
    22. Con Edison Pilots New Approach to Increasing Battery Storage on its Grid

      Con Edison Pilots New Approach to Increasing Battery Storage on its Grid

      A new 1 MW / 1 MWh battery is expected to come online in Consolidated Edison's territory next month, the first of several the New York City utility will roll out as part of a demonstration project that takes a new approach to developing energy storage for peak shaving and other grid benefits: rather than search for customers with the perfect load to also benefit and co-own the asset, ConEd tasked distributed generation developer GI Energy with finding under-utilized real estate to lease. The utility gave GI a list of locations on its grid where batteries could provide a benefit, and the company took care of project development and customer acquisition.

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      Mentions: NY Colorado New York
    1-24 of 305 1 2 3 4 ... 11 12 13 »
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