In today’s EGEB: The Northeast is leading the way for small-scale wind projects. Picking energy storage over natural gas in Southern California. Wind and solar will require a $13 trillion investment to hit emissions reduction targets. How old is the average US plant for different types of power? India’s “Solar Sahelis” bring solar to rural […]
Energy Storage
$1 Billion School Solar + Battery Storage Program Under Labor
Various media outlets are reporting Labor will make a major announcement today regarding a solar + storage rollout at schools across the country should it win the upcoming election. Labor leader Bill Shorten is expected to announce a program that will see solar power and battery systems installed at up to 4,000 schools throughout Australia, […]
Gas goes out again as top US utility SCE picks energy storage instead
Southern California Edison, one of the US’ top-ranking utilities for energy storage capacity already deployed, has signed contracts for seven more clean energy projects, totalling 195MW in its California service area. The company has announced contracts for six energy storage facilities and one demand response contract. In April 2018, Smart Electric Power Alliance statistics showed that […]
An Unexpected Current That’s Remaking American Politics
New forms of electricity storage are making the grid more renewable and more reliable—and may change the politics of climate change. At the annual National Republican Congressional Committee dinner in Washington this month, President Donald Trump made news with some curious remarks about wind power. What went viral was his untrue suggestion that the noise […]
Generac Acquires Pika Energy, Enters Energy Storage Market
WAUKESHA, Wis.: Generac Holdings Inc. (NYSE: GNRC) (“Generac” or the “Company”), a global leader in the design and manufacture of a wide range of residential, commercial and industrial power products, announced today the Company has acquired Pika Energy, Inc., a manufacturer of innovative battery storage technologies that capture and store solar or grid power for […]
New York Governor Cuomo Allocates $280 Million For Energy Storage
New York Governor Andrew Cuomo announced $280 million in support for energy storage projects last week, aimed at accelerating the growth of the energy storage industry and driving down the cost of deploying energy storage projects. Announced during Earth Week, the $280 million for energy storage is part of a larger $400 million investment to […]
How to succeed in energy storage — advice from an industry veteran
The energy storage sector occupies an uncertain position, with new customer demands on one side and grid-level bottlenecks delaying distribution on the other. In the lead up to his keynote presentation at the Australian Energy Storage (AES) 2019 Conference and Exhibition, we spoke to Robert Morgan, CEO of Energy Storage at GE Renewable Energy, about […]
How Power Market Structures are Driving Demand for Energy Storage Investment
On March 19, ACORE hosted an invite-only, executive meeting in Washington, D.C. to discuss evolving business models for energy storage and hybrid projects. Participants in the event, Aligning Market Incentives to Facilitate Financing and Deployment of Energy Storage, ranged from senior-level financiers to corporate offtakers, utilities, developers and wholesale markets. MISO, ERCOT, PJM and Grid Strategies kicked off the meeting with a […]
Southern California Edison Picks 195MW Battery Portfolio in Place of Puente Gas Plant
How a California community succeeded in pushing for a reliability fix that will see the installation of storage projects rather than a natural-gas peaker plant. What started as a routine gas plant procurement ended as a testament to the changing electrical grid. This week, utility Southern California Edison selected a roster of energy storage projects […]
Brookfield Renewable: Hydro, Wind, Solar and Energy Storage
There’s no faster way to grow a business than by making acquisitions. The trick few master is finding deals with upside from simply following core competencies, and made at the right price, notes Roger Conrad, income expert and editor of Conrad’s Utility Investor. But neither has been a problem for our conservative portfolio holding Brookfield Renewable Energy Partners (BEP). […]