1. Articles from reuters.com

  2. 1-24 of 38 1 2 »
    1. AES and Siemens Create Joint-Venture for Energy Storage

      AES and Siemens Create Joint-Venture for Energy Storage

      American energy firm AES Corp (AES.N) and German engineering conglomerate Siemens AG (SIEGn.DE) on Tuesday said they were forming a joint venture to serve the rapidly growing energy storage market. Demand for large-scale energy storage is growing as the price of advanced batteries tumble and nations turn to renewable energy such as solar and wind. Pairing big batteries and other storage systems with renewable energy improves reliability without creating climate-changing emissions. The 50-50 joint venture, called Fluence, will sell the lithium-ion battery technologies currently sold by AES and Siemens(AES.N), respectively.

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      Mentions: Siemens Delaware
    2. Enel Buys US Energy Software Firm to Bolster Digital Drive

      Enel Buys US Energy Software Firm to Bolster Digital Drive

      Italy's biggest utility Enel (ENEI.MI) said on Wednesday it had bought US-based energy software company Demand Energy for an undisclosed sum as part of its digital drive to boost growth. Demand Energy, a leader in the New York City power storage market, has designed software for storage systems in the U.S. and Latin America with an installed capacity of 3 megawatts. It has a further 30 MW of projects in the pipeline.

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      Mentions: MI NY Demand Energy
    3. LG Chem to Enter US Home Battery Market with Sunrun Deal

      LG Chem to Enter US Home Battery Market with Sunrun Deal

      LG Chem Ltd, the world's largest automotive battery maker, will enter the fledgling U.S. market for home energy storage through a partnership with rooftop solar company Sunrun Inc, the companies said on Wednesday. The move will put LG in direct competition with electric car maker Tesla Motors Inc, which unveiled its own home battery packs, called Powerwalls, last year. Sunrun has been using Tesla batteries in its home storage systems in Hawaii since earlier this year, and this deal will add LG to its list of suppliers.

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      Mentions: HI U.S. Tesla
    4. China to Boost Energy Storage 10-Fold to Cut Power Waste

      China to Boost Energy Storage 10-Fold to Cut Power Waste

      China is expected to raise its power storage capacity by ten-fold to 14.5 gigawatts by 2020, as the world's second-biggest economy tries to cut massive waste from renewable energy projects, an industry association said. China is the world largest wind and solar power producer, but some regions are estimated to be losing more than 40 percent of their power because of technical restraints and bottlenecks in the grid, alongside weak power demand growth. Storage technologies, such as pumped storage hydropower or lithium ion batteries, are expected to play a critical role in improving the China's capacity to make better use of renewables.

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      Mentions: China ABB Samsung SDI
    5. U.S. Senate passes energy bill to bolster power grid, speed LNG exports

      U.S. Senate passes energy bill to bolster power grid, speed LNG exports

      The Senate passed the first broad energy bill in nine years on Wednesday, legislation containing modest measures popular with both Republicans and Democrats to modernize the power grid and speed the permitting process for liquefied natural gas exports. The bill, which passed 85-12, attempts to protect the power grid from extreme weather events such as ice storms and hurricanes, and from cyber attacks. It also aims to spur innovations in storage of power from wind and solar energy.

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      Mentions: Asia DoE U.S.
    6. How These Energy Geeks are Reimagining an Old-School Utility

      How These Energy Geeks are Reimagining an Old-School Utility

      Here in a non-descript, 53,500-square-foot building, the $12 billion utility's research team is testing everything from charging electronic vehicles via cell phone to devices that smooth out the power created by rooftop solar panels. Those are some of the roughly 60 projects in the works at Edison's Advanced Technology division. It has a small $19 million annual budget, but its influence far exceeds that. The engineers from California's largest utility are hatching plans to insure its survival - and maybe even the survival of the nation's other big utilities, which are watching the project closely.

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      Mentions: CA DoE U.S.
    7. Samsung SDI, China's Sungrow Plan Venture for Energy Storage Systems

      Samsung SDI, China's Sungrow Plan Venture for Energy Storage Systems

      South Korea's Samsung SDI Co Ltd said on Sunday it has signed a preliminary deal with China's Sungrow Power Supply Co Ltd to form a joint venture to make energy storage systems in China. The companies plan to build a production facility by next year, the statement said. Samsung SDI, a maker of electronics components, did not disclose how large the joint investment will be and said the location has not been decided.

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      Mentions: China CO Samsung SDI
    8. American Vanadium Eyes Share of Storage Battery Market

      American Vanadium Eyes Share of Storage Battery Market

      American Vanadium is aiming to capture a 20 percent share of the global market for energy-storing vanadium flow batteries by 2020 after it begins production at the only vanadium mine in the United States, its chief executive said. Most vanadium has traditionally been used to strengthen steel but the metal is now also being employed as a component in batteries to store large amounts of power from renewable energy sources or to balance the grid when there are surges in demand.

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      Mentions: Japan China NY
    9. Panasonic Aims to be Sole Producer in Tesla's US Mega-Factory

      Panasonic Aims to be Sole Producer in Tesla's US Mega-Factory

      Panasonic Corp said it expected to become the sole manufacturer in Tesla Motors Inc's planned multibillion-dollar U.S. battery factory, firming up its commitment to the electric car maker's project. The Japanese electronics conglomerate had until this week made only cautious comments about Tesla's plans, for which the carmaker is seeking total investment of around $3 billion in addition to the $2 billion it has pledged to contribute directly.

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      Mentions: India U.S. CO
    10. Britain Installs First Grid-Scale Batteries

      Britain Installs First Grid-Scale Batteries

      Britain's most ambitious smart grid project is being built on a housing estate in Leighton Buzzard, a rapidly growing commuter town north of London. UK Power Networks (UKPN), which owns and operates electricity cables and lines across southeast England, is installing a giant battery farm that will supply electricity to local users at peak times. Around 240 tonnes of lithium-ion batteries are being installed in a specially designed building raised 2 metres above the ground to protect it from flooding by the nearby river. And the battery room will be air-conditioned to keep the batteries comfortable at a steady 23 degrees Celsius to extend their working life.

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      Mentions: CA Scotland Italy
    11. California Takes Aim at 'Ducks' to Smooth Move to Green Power

      California Takes Aim at 'Ducks' to Smooth Move to Green Power

      From Daffy to Donald, the animation studios of Southern California have long portrayed ducks as just for laughs, but a graphical incarnation of the bird making the rounds in the state's power sector is being taken very seriously indeed.  California plans to generate a third of its energy from renewable sources by 2020, and regulators use what has become known as a "duck chart" to demonstrate the challenge presented by saddling their grid with increasing amounts of constantly fluctuating solar power.

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      Mentions: CA GE First Solar
    12. German renewable producers should sell their output directly (and be forced to install storage)

      German renewable producers should sell their output directly (and be forced to install storage)

      Operators of future renewable power units in Germany should sell their output directly to end the spiralling costs of subsidies to consumers, utility industry group BDEW proposed on Friday ... Renewables producers would also be forced to install equipment to stabilise the networks as the volatile nature of wind and solar power has often hindered the smooth functioning of transmission grids.

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      Mentions: Germany
    1-24 of 38 1 2 »
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