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    1. Statoil Invests in Energy Storage Developer Convergent Energy + Power

      Statoil Invests in Energy Storage Developer Convergent Energy + Power

      A corporate venture fund set up by oil and gas company Statoil has invested in North American energy storage developer Convergent Energy + Power. Norway-headquartered Statoil set up the US$200 million energy investment fund Statoil Energy Ventures in February this year. The fund is dedicated to renewable energy and the low carbon transition as the parent company seeks to add clean energy technologies and projects to its portfolio alongside its more traditional business areas in fossil fuels.

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    2. How Are Disruptive Business Models Shaping the European Energy Storage Market?

      How Are Disruptive Business Models Shaping the European Energy Storage Market?

      New value propositions which will radically change the way energy is generated and used by end-customers are already accelerating energy storage market growth. While in the grid-scale segment, many are waiting for regulation to enable certain approaches to storage, much is happening in the distributed energy storage sector. In our recent report on business models for distributed energy storage, we identified three primary approaches to sharing value between the end-customer and energy system. In this article, I will be focusing on the first two, which we believe have the greatest short-term potential:

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      Mentions: Europe Germany UK
    3. Green Charge to Supply 13MWh Virtual Power Plant for Con Edison in New York

      Green Charge to Supply 13MWh Virtual Power Plant for Con Edison in New York

      A plan by utility Con Edison to save US$1 billion on infrastructure spending in New York’s Brooklyn and Queens neighbourhoods will get 13MWh of energy storage from Green Charge. Green Charge, also known as Green Charge Networks, is asking utility customers in 32 zip codes to sign up to a programme which will not cost them anything and which promises savings on their energy costs from next year.

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    4. Transforming the Market for Virtual Power Plants with Advances in Energy Storage

      Transforming the Market for Virtual Power Plants with Advances in Energy Storage

      The evolution of energy markets is accelerating in the direction of a greater reliance upon distributed energy resources (DER), whether those resources generate, consume, or store electricity. One strategy to address this trend is a virtual power plant (VPP), the concept that the intelligent aggregation and optimisation of DER can provide the same essential services as a traditional 24/7 centralised power plant. As a result of the wide divergence of what constitutes a VPP, Navigant Research has come up with its own definition, which has generally been validated by market participants: “A VPP is a system that relies upon software and a smart grid to remotely and automatically dispatch retail DER services to a distribution or wholesale market via an aggregation and optimisation platform.”

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      Mentions: Asia Europe PJM
    5. NTPC Plans 50MW Solar with Battery Storage on Indian islands

      NTPC Plans 50MW Solar with Battery Storage on Indian islands

      India’s largest utility NTPC has signed a memorandum of understanding (MoU) for the setting up 50MW of solar power projects combined with battery energy storage near Port Blair in the Andaman and Nicobar Islands. Surender Raina, general manager, REDG, NTPC, told PV Tech that the firm has floated two tenders on South Andaman, one of 8MW at Chidiyatapu and another 17MW PV project located at Manglutan, which will both have storage added. However the storage capacity will be tendered separately and the amount of capacity will be specified within the tender when it comes out. The 8MW were tendered on 8 October this year.

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      Mentions: India
    6. Solar-Plus-Storage Saved Vermont Utility Customers From Peak Demand Charges

      Solar-Plus-Storage Saved Vermont Utility Customers From Peak Demand Charges

      A solar power plant owned by Vermont utility Green Mountain Power has saved the utility’s quarter of a million customers US$200,000 in one hour by drastically reducing peak demand. The Stafford Hill solar facility in Rutland, responds quickly to fluctuations of power going to the grid using 3.4MWh of energy storage paired with 2MW of solar. Built on a former landfill site, the array also powers an emergency shelter at a nearby high school and can be disconnected from the grid if necessary.

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    7. Green Charge Teams with PG&E for Distributed Energy Storage Grid Services

      Green Charge Teams with PG&E for Distributed Energy Storage Grid Services

      Commercial energy storage designer Green Charge has teamed with Pacific Gas and Electric (PG&E) to deliver grid services from distributed energy storage systems in San Jose, California. Green Charge will deploy and operate storage systems for the utility’s Distributed Energy Resource Management System (DERMS) pilot – which is being developed in collaboration with PG&E and GE Grid Solutions. Green Charge will provide power efficiency savings services to customers for the duration of their ten-year contracts.

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      Mentions: CA GE
    8. Energy storage “high on political agenda” in China | Energy Storage News

      Energy storage “high on political agenda” in China | Energy Storage News

      Strategic planning of Chinese industry at a state level could see electrical energy storage installations grow in importance, rocketing to as much as 24GW by 2020, according to one analysis firm. Asia Europe Clean Energy Advisory Co Ltd (AECEA) said in a report sent out today that electrical energy storage as the “next big thing” could represent China’s “solar PV 2.0” moment. The firm’s China expert Frank Haugwitz included a look at energy storage as the closing segment to a briefing paper on solar market development.

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      Mentions: Asia Europe China
    9. A Jumpstart for India's Large-Scale Energy Storage Market

      A Jumpstart for India's Large-Scale Energy Storage Market

      This time last year, over thirty renewable energy and energy storage companies in the Indian market were busy applying for the MNRE (Ministry of New and Renewable Energy) Expression of Interest for RE integration with energy storage. However, the excitement soon died down with the delay of announcement of the results, which are still expected. The lull continued with SECI’s (Solar Energy Corporation of India) tenders getting delayed and the only other notable announcement being made by the GIFT City for a consulting tender for designing of a battery energy storage tender for India’s first financial SEZ project in Gandhinagar, the capital city of Gujarat.

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    10. Pure-play battery or hybrid grid energy storage? | Energy Storage News

      Pure-play battery or hybrid grid energy storage? | Energy Storage News

      Transmission and distribution (T&D) organizations within electric utilities are transitioning to battery-based grid energy storage solutions. As a result, these groups are reporting that the applications for this “reservoir of electrons” reaches far beyond the grid applications that they are now busy solving. Even regional energy system operators such as independent system operators (ISOs), distribution system operators (DSOs) and transmission system operators (TSOs) are implementing these advanced battery energy storage systems as a means of providing stability and reliability within their respective energy system service territories.

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    11. RES' First UK Large-Scale Battery Project Completed at PV Plant

      RES' First UK Large-Scale Battery Project Completed at PV Plant

      Renewable Energy Systems (RES) has completed work on its first utility-scale battery-based energy storage system in the UK, at a solar farm owned by British Solar Renewables (BSR). The project will demonstrate various ways in which energy storage can benefit the local electricity distribution network operator (DNO), Western Power Distribution, which commissioned RES to build the system under a “fully-wrapped” engineering, procurement and construction (EPC) deal in January.

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      Mentions: Canada UK BESS
    12. Con Edison Offers New Yorkers US$5 Million Thermal Storage Promo

      Con Edison Offers New Yorkers US$5 Million Thermal Storage Promo

      New York utility Con Edison is offering local businesses incentives to install over US$5 million of thermal energy storage systems that kick in during peak hours, and can be controlled remotely. Supermarkets, grocery stores and other cold storage facilities in parts of the New York boroughs of Brooklyn and Queens can take advantage of the incentive as part of Con Edison’s ‘Neighborhood Program’ to promote more efficient energy usage. Specifically, Con Edison is offering eligible businesses help to purchase and install Axiom Exergy’s Refrigeration Battery system, which affords between 1.5MW and 2MW of storage per unit, and an aggregate power supply of up to 8MWh.

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      Mentions: NY
    13. STA Sets Out Policy Requirements for UK Storage Market

      STA Sets Out Policy Requirements for UK Storage Market

      The Solar Trade Association has set out its key policy asks for the government regarding the growing energy storage market, with calls to resolve regulatory barriers and protect consumers with minimum standards leading the field. In its latest policy paper to government, dubbed 'Solar + Storage Opportunities', the STA has claimed a number of key issues affecting the nascent energy storage sector need to be resolved before it can reach its fullest potential.

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      Mentions: Europe UK
    14. US Pledges US$37 Million to Improve Energy Storage Tech in Transport, Grid and Fuel Cells

      US Pledges US$37 Million to Improve Energy Storage Tech in Transport, Grid and Fuel Cells

      The US Department of Energy has set aside US$37 million to improve energy storage and conversion technologies in transportation batteries, grid-level storage, and fuel cells. The department’s Advanced Research Projects Agency for Energy (ARPA-E) will fund 16 new research projects into how new technology, specifically solid ion conductors, can overcome the limitations of current battery and fuel cell products.

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      Mentions: DoE arpa-e
    15. Massachusetts Earmarks 600MW of Storage by 2025 for $800 Million in Cost Savings

      Massachusetts Earmarks 600MW of Storage by 2025 for $800 Million in Cost Savings

      The Massachusetts Department of Energy Resources (DOER) has recommended 600MW of advanced energy storage technologies to be installed on the state grid by 2025, providing over $800 million in cost savings to ratepayers.DOER said the cost savings could be realised over a “10-year time span’, and its proposed measures on energy storage would also see a reduction of around 350,000 tonnes in green-house gas emissions in the period, which it said was equivalent to taking 73,000 cars off the road.

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      Mentions: CA DoE OR
    16. GM Touts Energy Storage and New Solar Arrays as it Commits to 100% Renewables by 2050

      GM Touts Energy Storage and New Solar Arrays as it Commits to 100% Renewables by 2050

      US automotive manufacturer General Motors (GM) has said its expertise in electric vehicle batteries will help it to power 100% of its global operations with renewable energy by 2050, meeting annual demand of upwards of 9TW/h. GM said its “pursuit of electrified vehicles and efficient manufacturing”, combined with its expertise in electric vehicle batteries, will see it meet its 2050 target. “Energy storage can ultimately address the intermittency or reliability of wind and solar energy,” it said in a statement.

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      Mentions: GM
    17. Duke Energy to Expand South Carolina Pumped Hydro Facility by 200MW

      Duke Energy to Expand South Carolina Pumped Hydro Facility by 200MW

      US-based power firm Duke Energy plans to increase the energy storage capacity of its Bad Creek pumped storage hydroelectric station by 200MW. The expansion is scheduled to start in 2021, and complete in 2024. The 1,065MW South Carolina facility, the firm’s largest hydroelectric station, was constructed in 1991 to power 850,000 households. Duke Energy said the upgrade will see it power a million homes.

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      Mentions: Duke Energy UK NC
    18. NEC Energy Launches Distributed Energy Storage Platform for C&I Segment

      NEC Energy Launches Distributed Energy Storage Platform for C&I Segment

      NEC Energy Solutions, a subsidiary of IT and network integration firm NEC Corporation, has unveiled a new distributed energy storage product for commercial and industrial (C&I) customers. The technology comes with lithium-ion battery storage and power conversion along with controls software, all available in a range of scales for both in-front-of or behind-the-meter applications. Roger Lin, marketing director at NEC Energy Solutions, told Energy Storage News that the product for sub-1MWh applications will help companies expand their portfolio through energy storage at the edge of grid, but removing the technology risk by providing guarantees and 10-year warranties backed by a global Fortune 500 company. The solution also aims to simplify the deployment of energy storage-based services.

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      Mentions: NEC
    19. Brazil Energy Storage R&D Project Scheme Draws Strong Interest

      Brazil Energy Storage R&D Project Scheme Draws Strong Interest

      Around 90 companies, including EDF, Enel and Engie, have expressed interest in financing and implementing research and development (R&D) projects relating to energy storage integration in Brazil, according the country’s energy regulator ANEEL. Interested companies can submit project proposals before 22 December this year, with results of an initial evaluation released on 20 February 2017. Companies will then have four years to complete the projects. Other companies noted by ANEEL included Guascor Brazil, Eletrobas, Petrobas, Companhia Paulista de Forca e Luz and AES Eletropaulo.

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      Mentions: Brazil
    20. Conergy to Build Large-Scale Solar-Plus-Battery Project in Australia

      Conergy to Build Large-Scale Solar-Plus-Battery Project in Australia

      Conergy plans to build a 10.8MWac solar PV plant combined with 1.4MW/5.3MWh of lithium-ion battery storage near Lakeland, Australia. The plant has garnered the interest of Melbourne-headquartered mining firm BHP Billiton, which is the largest mining firm in the world, as it considers solar-plus-storage applications for its own remote operations through a knowledge sharing steering committee. Similarly, Ergon Energy is looking to avoid network upgrade costs in Queensland through the technology combination. The Conergy plant will provide energy for more than 3,000 homes and will create 60 jobs during construction. Origin Energy is buying the power form the plant.

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    21. The role for energy storage as an alternative to Hinkley Point C | Energy Storage News

      The role for energy storage as an alternative to Hinkley Point C | Energy Storage News

      The UK Prime Minister’s decision to review the deal for a new 3.2GW nuclear power station, Hinkley Point C, in Somerset, to work alongside the existing Point B plant, has seen the industry call for a review of alternative power sources to meet the country’s future power demands, and help it transition to a low-carbon energy system. The technological and logistical challenges parallel projects have encountered have drawn most criticism, with a political narrative also unfolding as a subplot. But the sheer cost of the project is considered by many to be the most alarming factor, with a starting price of £92.50 per MWh for 35 years escalating with inflation.

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      Mentions: UK
    22. EnSync Sells First Solar-Plus-Storage PPA in Hawaii

      EnSync Sells First Solar-Plus-Storage PPA in Hawaii

      EnSync Energy Systems, formerly known as ZBB Energy, announced on Monday the sale of multiple PPAs, including the first solar-plus-storage projects sold in Hawaii. The portfolio of PPAs have been sold to AEP OnSite Partners, an American Electric Power subsidiary for an undisclosed amount. Three of the five portfolio projects include Ensync Energy behind-the-meter storage with its Agile Hybrid Storage, and Ensync Energy’s Matrix Energy Management systems. The latter prioritises real time electricity from the grid, from solar’s variable generation and energy storage systems.

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      Mentions: HI First Solar Tesla
    23. US Bill Brings ITC to Energy Storage

      US Bill Brings ITC to Energy Storage

      US senators have introduced a new Bill for energy storage that brings in investment tax credits (ITC) for both grid-scale and residential energy storage systems. The ‘Energy Storage Tax Incentive and Deployment Act’, a bipartisan bill co-sponsored by seven senators and introduced in Congress in late May, uses the current ITC for solar energy as its model in a bid to open up competitive storage markets. For commercial applications of storage, under the new Bill, all energy storage technologies including batteries, flywheels, pumped hydro, thermal energy, compressed air, among others qualify for the ITC, but the system must have a storage capacity of at least 5kWh.

       

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      Mentions: Congress ESA CO
    24. Sonnen Partners with Ideal Power on Commercial Energy Storage Product

      Sonnen Partners with Ideal Power on Commercial Energy Storage Product

      German energy storage hardware and services provider sonnen has launched a new product for the commercial energy storage market using power conversion systems from Ideal Power. The sonnenBatterie pro is a smart energy management solution, which uses self-learning software to reduce electricity costs by shaving peak demand and responding to time-of-use electricity rates. Aimed at small businesses using solar power, the pro product also helps optimize self-consumption of solar energy as well as enabling participation in utility demand response programmes.

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      Mentions: UK
    97-120 of 123 « 1 2 3 4 5 6 »
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