Pumped hydro energy storage is a controversial issue, with its supporters believing it can help decarbonize the global economy and its detractors claiming dams destroy the environment. In order to reach a net-zero energy future, a whopping 6TWh of energy storage will be required and pumped hydro energy storage is likely to be a central […]
Energy Storage
United States: Understanding Energy Storage – EQ Mag
One of the US Department of Commerce’s (Commerce) signature contributions to Power Africa has been the Understanding handbook series developed by its Office of the General Counsel’s Commercial Law Development Program (CLDP). This open-source and plain-language knowledge library now includes six handbooks explaining a range of essential topics in power project contracts, financing and procurement. […]
Matter Energy, Luminous Power tie up to develop dual-purpose home inverter – EQ Mag
Technology startup Matter Energy on Friday said it has entered into a strategic partnership with Luminous Power Technologies in the field of home inverters and stationary applications The partners will work in the areas of low-voltage stationary energy storage solutions and develop a dual-purpose smart home dock inverter with IoT capabilities, Matter Energy said in […]
New York State Unveils Framework to Reach 6 GW of Energy Storage by 2030 – EQ Mag
Gov. Kathy Hochul’s new framework for New York State to achieve 6 GW of energy storage by 2030, which represents at least 20% of the peak electricity load of the state, was submitted by the New York State Energy Research and Development Authority (NYSERDA) and the New York State Department of Public Service (DPS) to […]
What’s next for grid storage after a booming but chaotic year? – EQ Mag
Grid-scale batteries are finally taking off — but now supply can’t keep up with demand. Here’s a recap of what went down in 2022 and a preview of the year ahead. Energy storage succeeded like never before in 2022 — and the sheer scale of this newfound success is causing problems. A few years ago, […]
NHOA wins energy storage contracts for over 620 MWh in Dec – EQ Mag
NHOA SA (EPA:NHOA), formerly Engie EPS, has won contracts for the delivery of more than 620 MWh of energy storage systems during the month of December. The company, which offers e-mobility and electric vehicle (EV) fast charging infrastructure in addition to energy storage, said in a statement that the contracts come from North America, Australia […]
Opportunity for battery storage ‘as big as it has ever been’ in Europe – EQ Mag
Healthy arbitrage opportunities to continue 44.6 GW European storage forecast by 2030 Purchasing power challenge versus EVs Battery storage players in Europe are experiencing both the best of times and the worst of times. The ongoing volatility in the European power market makes the case for grid-scale batteries like never before, but persistent supply constraints […]
Ontario plunging into energy storage as electricity supply crunch looms – EQ Mag
The province’s energy needs are quickly rising, with the proliferation of electric vehicles and increasing manufacturing demand for electricity on the horizon. TORONTO : Ontario is staring down an electricity supply crunch and amid a rush to secure more power, it is plunging into the world of energy storage — a relatively unknown solution for […]
Origis selects Mitsubishi to supply batteries to three energy storage projects – EQ Mag
Located in the Southeast US, the project are slated to come online over the next two years. US-based solar and energy storage developer Origis Energy has awarded a contract to Mitsubishi Power Americas to deliver three utility-scale battery energy storage system (BESS) with a total capacity of 150MW/ 600MWh. Mitsubishi Power Emerald storage solution will […]
Rusty Batteries Could Greatly Improve Grid Energy Storage – EQ Mag
Iron-air batteries have a “reversible rust” cycle that could store and discharge energy for far longer and at less cost than lithium-ion technology A U.S. company is designing a large battery that it says could help decarbonize the nation’s power sector more cheaply than lithium-ion storage systems—and with domestic materials. The concept, known as the […]