1. Articles from S&P Global

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  2. 1-8 of 8
    1. US Battery Storage Prospects Lifted by Policy Progress, Cost Reduction

      US Battery Storage Prospects Lifted by Policy Progress, Cost Reduction

      Battery storage deployment in the US is set for a rapid acceleration from 2020. That is one of the key takeaways from the latest S&P Global Platts Analytics’ US Power Storage Outlook, released to clients on December 18. In addition, while megawatt deployments in 2019 were at 2018 levels, the storage duration of battery storage assets increased in the past years, pointing to new usages. State policies and peaking capacity needs will remain the major drivers of near to medium-term battery deployments. Platts Analytics expects more than 13 GW of utility-scale battery storage to be commissioned by 2024 in the US.

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    2. SPP Committee Looks at Energy Storage Integration Plans

      SPP Committee Looks at Energy Storage Integration Plans

      The growth in energy storage is rapidly evolving the power industry and the Southwest Power Pool is the latest entity grappling with how to integrate the new resource. In a new white paper, SPP averred that energy storage can serve as a substitute for transmission by resolving short-term reliability issues such as voltage support and congestion, which could avoid costly transmission upgrades.

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      Mentions: SPP
    3. Amid Global Battery Boom, 2019 Marks New Era for Energy Storage

      Amid Global Battery Boom, 2019 Marks New Era for Energy Storage

      By most measures, 2018 was a long-anticipated breakout year for batteries, with record volumes of investment flowing into research, product development and manufacturing as prices plummeted, governments established new policies supporting energy storage, and mass markets emerged for electric vehicles and electrochemical energy storage. That progress, though uneven across U.S. and international markets, sets the stage for a new era for energy storage in 2019 and beyond, industry analysts said.

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      Mentions: U.S. Massachusetts
    4. Grid-Scale Energy Storage Firm to Launch Two US Projects in 2019

      Grid-Scale Energy Storage Firm to Launch Two US Projects in 2019

      As liquid air energy storage company Highview Power prepares to launch two US projects this year, an official said Thursday, the company has teamed up with engineering firm Citec to help scale its storage facilities from 50 MW/500 MWh to multiple GWh. Though Cavada could not discuss specific locations or customers, he said Highview is looking at the wind corridor that runs through the Midcontinent Independent System Operator's territory, as well as California, Texas and New York.

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    5. Energy Storage Group Pushes FERC, Capitol Hill to Remove Deployment Barriers

      Energy Storage Group Pushes FERC, Capitol Hill to Remove Deployment Barriers

      A federal investment tax credit for new projects and fuller compensation for energy storage systems in U.S. power markets are two of the Energy Storage Association's top priorities for 2019, the group's CEO said in a recent interview. The organization will also work to increase deployment of energy storage at the state level, including by encouraging more states to consider the technology in their long-term energy plans.

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      Mentions: U.S. ESA FERC
    6. Canadian Developer Signs Two Solar-Plus-Battery PPAs with Hawaiian Utilities

      Canadian Developer Signs Two Solar-Plus-Battery PPAs with Hawaiian Utilities

      Canada's Innergex Renewable Energy has signed power purchase agreements with two utilities in Hawaii to supply fixed-price power from solar facilities with combined capacity of 45 MW that will be built with 180 MWh of combined battery storage, the company said Friday. The PPAs come on the heels of Luminant's Thursday announcement that it has brought online its 42-MWh battery system at its 180-MW solar facility in West Texas.

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      Mentions: France Hawaii Chile
    1-8 of 8
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