Obama Wants To Push The US Power Grid Into The 21st Century

on June 22, 2016

Gizmodo AU energy storageEnergy Storage News – On Thursday, the Obama Administration announced a number of initiatives that plan to help the US transition to a smart, more energy efficient, 21st century power grid.

The White House is proposing a number of new executive actions and 33 state and private sector commitments are proposed to “result in at least 1.3 gigawatts of additional storage procurement or deployment in the next five years.”

A “smart grid,” according to the Office of Electricity Delivery & Energy Reliability, is a system that uses computer-based remote control and communication technologies to help utility workers to monitor and gather data. It’s used in other industries, but has only recently been introduced in things such as power plants and wind farms.

Click Here to Read Full Article

read more
Gizmodo AUObama Wants To Push The US Power Grid Into The 21st Century

Microsoft and Primus Power team up to advance energy storage technology for datacenters

on June 22, 2016

Energy Business Review energy storageMicrosoft has partnered with battery technology provider Primus Power to work on a pilot program to advance energy storage at datacenters globally.

Planned to be implemented in partnership with NRG Energy, the University of Texas at San Antonio, and battery technology providers, the project is a part of Microsoft’s broader focus to explore new technologies for energy storage and management for its datacenter.

The team will determine effective ways to store large scale renewable energy to ensure electricity it is inexpensive and available for future needs.

Click Here to Read Full Article

read more
Energy Business ReviewMicrosoft and Primus Power team up to advance energy storage technology for datacenters

US to expand energy storage capacity to 1.3GW in five years

on June 21, 2016

Power Technology energy storageGovernment agencies, companies, and organisations in the US have committed to generate a minimum of 1.3GW of energy storage capacity across the country over the next five years.

According to the US Government, any procurement, deployment, and investment commitments made are expected to result in nearly $1bn.

The federal government has also promised to increase its storage and microgrid capacity at both federal and military bases with the establishment of a new 50MW-100MW grid-scale battery project at California’s naval weapons station Seal Beach, alongside other projects.

Click Here to Read Full Article

read more
Power TechnologyUS to expand energy storage capacity to 1.3GW in five years

How To Solve The Biggest Problems With Energy Storage

on June 21, 2016

AZO-CleanTech energy storageEnergy Storage News – Money doesn’t make the world go round; energy does. With energy, modern society is capable of achieving the once unthinkable, from face-to-face communication around the world in real time, to sending a man to Mars.

In recent decades, energy research has focused both on capturing power from renewable sources and making our existing electric infrastructure as efficient as possible. Energy storage solutions are vital to both areas of research.

Click Here to Read Full Article

read more
AZO CleanTechHow To Solve The Biggest Problems With Energy Storage

SolarEdge And LG Chem Partner On Energy Storage

on June 18, 2016

Solar Industry energy storageEnergy Storage News – SolarEdge Technologies Inc., a provider of PV inverters, power optimizers and module-level monitoring services, and LG Chem Ltd. have announced the compatibility of SolarEdge’s StorEdge solutions and LG Chem’s new high-voltage RESU10H and RESU7H lithium-ion batteries.

“Through this collaboration, SolarEdge is adding LG Chem RESU batteries to our StorEdge solution compatibility in order to extend our offering of cost-effective and integrated energy generation, storage and consumption,” states Lior Handelsman, marketing and product strategy vice president of SolarEdge. “Building on our respective expertise, we hope to lower the cost of solar energy and accelerate the adoption rate of integrated solar energy generation and storage.”

Click Here to Read Full Article

read more
Solar IndustrySolarEdge And LG Chem Partner On Energy Storage

FPL energy storage project presented at White House summit

on June 18, 2016

my palm beach post energy storageJuno Beach-based Florida Power & Light Company announced an innovative new energy storage pilot project Thursday in conjunction with a White House summit on scaling renewable energy and storage with smart markets.

FPL’s project aims to strengthen the electric grid by testing multiple applications of advanced battery technologies under real-life conditions. FPL will install several different types of battery systems at locations in Miami-Dade and Monroe counties to research a range of potential future benefits of energy storage, including grid reliability and power quality.

Click Here to Read Full Article

read more
My Palm Beach PostFPL energy storage project presented at White House summit

Study: Falling cost of solar and wind could limit energy storage profitability

on June 18, 2016

energy storage utility driveCombining energy storage with renewable resources, especially solar panels, has been touted an inevitable combination or as an alternative to the elimination of incentives such as net metering. A new study by MIT finds that storage can make economic sense in today’s market in some instances, but that the opportunity might not last.

The MIT researchers found that as the cost of wind and solar power systems comes down, the cost of storage systems will need to come down as well or they will no longer be profitable because at some point it would be more profitable to simply add more generating capacity rather than more storage capacity.

Click Here to Read Full Article

read more
Utility DiveStudy: Falling cost of solar and wind could limit energy storage profitability

U.S. federal government leads energy storage commitments

on June 17, 2016

pv-magazine energy storageWhile deployment is growing rapidly, at this time energy storage in the United States is a small and nascent market which has not benefitted from any federal programs akin to the Investment Tax Credit (ITC) or the Department of Energy’s SunShot program.


However, today the U.S. government made a move in the direction of supporting energy storage, with federal commitments to procure more energy storage accompanied by commitments from grid operators, power companies and others. 

Click Here to Read Full Article

read more
PV MagazineU.S. federal government leads energy storage commitments

Energy Storage Tax Relief Bill Introduced

on June 17, 2016

energy storage cleantechnicaU.S. Rep. Mike Honda, a Democrat from Silicon Valley, California, has introduced the Energy Storage for Grid Resilience and Modernization Act, otherwise known as H.R. 5350.

If the bill becomes law, it will provide a tax credit for home and business owners who purchase energy storage systems. The tax credit for both would be 30%, which is the same amount as the renewable energy tax credit. Factories would also be eligible under the proposed law.

Click Here to Read Full Article

read more
CleanTechnicaEnergy Storage Tax Relief Bill Introduced

Energy Storage Myths: #1 Arbitrage

on June 17, 2016

Energy Storage Myths: #1 Arbitrage

Dispelling Industry Myths to Reveal the Value of Energy Storage


Daniel V. Crotzer | Energy Storage Consultant
June 17, 2016

 

#1 Myth: Buy Low / Sell High
What if we told you that the way energy storage companies market is misleading? For the past few years energy storage companies have touted arbitrage as the Messiah of the industry. We are going to show you how to avoid misconceptions and understand the real value of energy storage. This article shows the current value of arbitrage.

 

read more
Fractal Energy Storage ConsultantsEnergy Storage Myths: #1 Arbitrage