Solar panels and zinc-based batteries can offset skyrocketing demand charges and add vital resiliency Commercial and industrial operations today face increasingly steep costs for electric power, as well as increasingly frequent and costly disruptions in the grid. These are costs that eat into the bottom line and, for some businesses, can severely affect their ability […]
Energy Storage
IEEFA: Solar-plus-storage undermines coal economics by ‘hundreds of millions’ of dollars
Tumbling solar-plus-storage costs could see the hybrid technology become a money saver for US firms grappling with expensive legacy coal portfolios, according to the Institute for Energy Economics and Financial Analysis (IEEFA). Utilities shutting down coal units ahead of their end-of-life point and replacing them with renewables, stand to reap savings in the “hundreds of […]
German storage system proves batteries ‘profitable without subsidy’
Three companies have inaugurated a 22MW battery energy storage system at Cremzow, in the German state of Brandenburg, in order to provide frequency regulation services to the country’s Primary Control Reserve (PCR) market. German wind developer Enertrag, Switzerland-based energy storage solutions company Leclanché and Enel Green Power (EGP) Germany, a subsidiary of Italian power giant […]
Energy And The Military: Leading By Example – Analysis
The world is on the cusp of energy transition, and the military innovates with energy efficiency, technology and renewables. As the world demands more energy, nations face the often-competing pressures to increase energy access and affordability, protect the environment, and assure energy security. The military, long focused on energy issues related to mission delivery, has […]
CEMEX Ventures invests in Energy Vault to support rapid deployment of energy storage technology using concrete blocks
CEMEX Ventures, the open innovation and Corporate Venture Capital unit of CEMEX, announced today its investment in Energy Vault, an Idealab company that has developed a transformative technology to store energy. The new investment is further reinforced by plans to support rapid market adoption and deployment of Energy Vault’s technology through CEMEX’s strategic network. Energy […]
United States: The Future Of Energy Storage In The United States is Bright
As utilities, independent power producers, and large corporates shift away from fossil fuels and toward renewable energy sources, energy storage is becoming a key piece of the renewable energy solution in the United States. Unlike fossil fuels where generators can control the amount of energy supplied and when it is supplied, solar and wind power […]
Four Things You Should Know About Battery Storage
World Bank Group This story is part of a series that will run ahead of the third edition of the Innovate4Climate (I4C): the preeminent global event on climate finance, climate investment and climate markets. I4C will take place in Singapore from 4-7 June 2019. It brings together business, finance, policy and technology leaders to accelerate […]
WoodMac: Energy storage will move toward value stacking as industry matures
Dive Brief: 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, a Wood Mackenzie energy storage analyst said Thursday. While utilities and regulators across the country have toyed with the idea […]
FERC Upholds Electric Storage Order
FERC on Thursday rejected multiple requests to reconsider its landmark electric storage order, prompting a partial dissent from Commissioner Bernard McNamee over requests to allow states to opt out (RM16-23-001, AD16-20-001, Order No. 841-A). The majority rejected requests that it allow relevant electric retail regulatory authorities (RERRAs) the ability to opt out of its storage […]
Precision Engineering Driving Innovation in the Sustainable Energy Sector
There is increasing demand from the general public and governmental agencies for sustainable energy solutions, the basic principle being that the human use of energy meets today’s needs without compromising the ability for generations to come to meet their needs. Sustainable energy strategies centre around cleaner methods of producing energy through the use of solar, […]