1. Articles from energymanagertoday.com

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    1. Johnson Controls Announces Partnership to Increase Amount of Capital Available for Solar and Battery Storage Projects

      Johnson Controls Announces Partnership to Increase Amount of Capital Available for Solar and Battery Storage Projects

      Johnson Controls recently announced a partnership with Capital Dynamics to increase the amount of capital available for customers in North America working on solar or battery storage projects. The agreement will grant easier access to funding for Johnson Controls customers utilizing a Power Purchase Agreement (PPA) for projects of varying sizes, starting at $1 million, by aggregating them into a larger portfolio of projects.

      Through a joint venture with Consolidated Edison, Johnson Controls has already been working to expand the market for solar and battery solutions, and controls to integrate them. This effort, combined with increased funding opportunities through the partnership with Capital Dynamics, positions Johnson Controls to be able to better help customers incorporate behind-the-meter, solar and battery storage into their built environment.

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    2. GE Renewable Energy Announces Solar + Storage System for Upstate New York

      GE Renewable Energy Announces Solar + Storage System for Upstate New York

      GE Renewable Energy has reached an agreement with Helios Energy to deliver two energy storage systems to be integrated with solar arrays for the Lenox Solar/Energy Storage project in Lenox, New York. The hybrid system will be installed in upstate New York at the end of 2019 and is expected operational by the second quarter of 2020. The project will enable dispatchable renewable energy penetration into the grid, helping power New York state with reliable renewable energy.

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      Mentions: GE New York
    3. Putting a Value on the Resilience of Energy Storage Systems

      Putting a Value on the Resilience of Energy Storage Systems

      Findings presented in a new paper by the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) and Clean Energy Group (CEG) show that more integrated solar photovoltaic (PV) and battery storage projects could make economic sense if the value of avoiding power outages is taken into account in project economics. Based on in-depth modeling of various building types, putting a real value on the ability of PV and storage to prevent losses during outages results in the cost-effective design of larger solar+storage systems. In some cases, putting a value on resilience can even make solar+storage projects feasible where the technologies would not be economically viable otherwise.

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      Mentions: California DoE U.S.
    4. Santander Pours Millions into Energy Storage

      Santander Pours Millions into Energy Storage

      Santander, the Spanish banking giant, is investing close to $35 million (28.5 million Euro) in London-based Battery Energy Storage Solutions (BESS). The investment will go towards constructing and operating a grid-scale battery storage portfolio of 100 megawatts by the end of the year. According to cleantechnica.com, the investment in BESS is an effort to support Santander’s plans to become one of the UK’s largest independent owner-operators of battery storage assets and to meet their short-term strategy of building and operating a portfolio of 100 MW worth of grid-scale battery storage assets by the end of 2018.

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    5. Revenue from Energy Storage for Microgrids to Total More Than $22 Billion in the Next Decade

      Revenue from Energy Storage for Microgrids to Total More Than $22 Billion in the Next Decade

      A new report from Navigant Research examines the global market for energy storage for microgrids (ESMG), providing an analysis of trends and market dynamics, with forecasts for capacity and revenue that extend through 2026. Interest in energy storage-enabled microgrids is growing alongside an increase in solar PV and wind deployments. Although not required for microgrids to operate, energy storage systems (ESSs) have emerged as an increasingly valuable component of distributed energy networks because of their ability to effectively integrate renewable generation.

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    6. Breaking the Ice with Thermal Energy Storage

      Breaking the Ice with Thermal Energy Storage

      Quick quiz: Where can somebody find a very common substance that has the potential to drastically reduce energy spending – especially at peak price points when electricity is most expensive?  Answer: Any freezer. Granted, the scale in the use of ice to cool a building and to cool a glass of ice tea is significantly different. But the bedrock principle of energy transfer is the same. Thermal cooling leverages that concept by freezing water at night, when the energy required to do so is less expensive. The melt water is stored and circulated as it is needed during peak demand times the next day. Thus, the heavy lifting — the energy-intensive process of freezing the water — is done at a point at which costs are lower.

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    7. EV Charging Stations with Energy Storage Save City $7,000 per Year in Demand Charges

      EV Charging Stations with Energy Storage Save City $7,000 per Year in Demand Charges

      In 2014, Redwood City, California, installed five electric vehicle charging station locations from ChargePoint combined with energy storage from Green Charge Networks. The installations include two DC Fast Charging stations installed at Redwood Shores library and at the City’s downtown parking garage. The partners say the EV charging stations are heavily used with an average of 8-10 sessions per day. Green Charge Networks’ intelligent energy storage is shaving multiple peaks per day (80 in May, 2015) caused by the EV charging stations, and the energy storage is expected to save nearly $7,000 annually in demand charges at the five Redwood City locations.

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    8. Tax Credits for Energy Storage Would Forward Renewable Energy Tech

      Tax Credits for Energy Storage Would Forward Renewable Energy Tech

      Last month, the Intergovernmental Panel on Climate Change (IPCC) delivered their latest report on the state of our global climate. The report warned that we are already seeing melting glaciers, rising tides, and dying coral reefs, and that the worst is yet to come. But under the doom and gloom was a silver lining: fixing our climate problem won’t cost as much as we initially thought. As Paul Krugman of the New York Times put it, salvation is getting cheap.

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    9. GE Wants More of the Energy Storage Pie

      GE Wants More of the Energy Storage Pie

      Seeking a larger role in the energy storage sector, General Electric Oil & Gas has signed a global licensing and technology collaboration agreement with Highview Power Storage, a UK supplier of large-scale liquid air energy storage systems. The companies will explore opportunities to integrate Highview’s liquid air storage technology in power plants where GE gas turbines and gas engines are currently or will be installed.

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      Mentions: DoE GE UK
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