Home Tag "ENERGY STORAGE"

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 […]

Enel Green Power, Enertrag, Leclanché inaugurate 22 MW Cremzow battery energy storage system in Germany

The construction of the battery energy storage system (BESS) involved an investment of approx. 17 million euros and it is contributing to German network’s stability providing frequency regulation services to the country’s Primary Control Reserve market. Enel’s subsidiary Enel Green Power Germany (EGP Germany), the German renewable energy company ENERTRAG and the Switzerland-based energy storage […]

Tesla Can Overcome Supply Constraints In Its Fast-Growing Energy Storage Business

Summary Fast-growing demand for both commercial and residential battery products. 2019 should be the year that Tesla finally ramps up its battery energy storage business. Energy storage is an under-rated growth area for the company. The world moving inevitably toward renewable energy and battery energy storage. Opportunities now there for the company as supply constraints […]

Global energy storage market expected to reach 22.2 GW in 2023, finds GlobalData

The energy storage market has caught the eye of a number of stakeholders involved in the power industry, leading to its considerable growth and opening the way for next energy revolution, says GlobalData, a leading data and analytics company. GlobalData’s latest thematic report, “Thematic Research: Energy Storage,” highlights the present scenario and emerging market trends […]

The energy storage market is paving the way for next energy revolution, reveals GlobalData

The energy storage market has caught the eye of a number of stakeholders involved in the power industry, leading to its considerable growth and opening the way for next energy revolution, says GlobalData, a leading data and analytics company. GlobalData’s latest thematic report, ‘Thematic Research: Energy Storage’, highlights the present scenario and emerging market trends […]

Report: Value-Added Services Help Energy Storage Industry Reduce Risks

A new report from Navigant Research discusses how energy storage value-added services (VASs) have evolved and how the storage industry has grown by using VASs to reduce customer risks. Because potential customers are generally unfamiliar with energy storage system (ESS) technology, VASs are required for projects to be considered bankable by customers and investors. These services shift technological and financial risk […]

What’s new in energy storage

Last year, the U.S. energy storage market nearly doubled, and it is expected to double again in 2019. In fact, the final quarter of 2018 broke the previous record for megawatt-hours deployed in a single quarter by 50%, according to a report from Wood Mackenzie Power & Renewables and the Energy Storage Association (ESA). Although […]

NYISO gets FERC approval to add energy storage to real-time market settlement rules

Washington: Having received the nod from the Federal Energy Regulatory Commission, New York’s grid operator is moving forward with a proposal to prepare its real-time market settlement rules for the expansion of wholesale market participation by energy storage resources. New York currently has about 30 MW of energy storage capability, all located downstate, but its […]

Massachusetts’ multipronged policy approach spurs distributed energy storage

Sunrun has credited the state’s bedrock of distributed energy policies for enabling its participation in ISO-NE’s capacity market with an aggregated solar-plus-storage bid. Massachusetts is a leader in the deployment of distributed energy storage in America, due to forward-thinking legislative approaches and other measures aimed at unlocking the full potential of the resource, analysts told […]