ARLINGTON, Va.–(BUSINESS WIRE)–
The AES Corporation (AES) today announced its subsidiary, AES Energy Storage, has entered into two contracts with San Diego Gas and Electric (SDG&E). AES will install and commission two energy storage arrays totaling 37.5 MW using its Advancion®energy storage solution at sites in San Diego County, California. The SDG&E-owned energy storage arrays will help to improve regional reliability and integrate greater amounts of renewable energy when operational by the end of January 2017.
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RICHMOND, Calif. — Axiom Exergy announced it has raised $2.5 million from investors to assist in scaling its thermal energy storage solution in the grocery store and cold storage facility markets. By utilizing its Refrigeration Battery, Axiom said businesses like supermarkets and food distribution centers can reduce their peak energy demand by up to 40 percent and protect perishable inventory from spoiling during power outages with dedicated backup cooling.
HERNDON, Va.–(BUSINESS WIRE)–Greensmith Energy, one of the largest providers of energy storage software and integration services, announced today that AltaGas Ltd. has selected Greensmith as the software provider and system integrator for a 20 MW/80MWh system in Pomona, California. Together, AltaGas and Greensmith will deploy a state-of-the-art 20 MW energy storage system to help with Resource Adequacy in California and offer multiple other grid applications. The project will be expedited and is expected to be completed in December 2016.
Poised for massive expansion, the global solar photovoltaics market is ramping up and excitement is sparking. Cost reductions, according to the International Renewable Energy Agency (
The oil and gas giants have fallen on tough times. We’re not talking can’t-afford-a-meal tough — they still have billions in cash lying around — but not-raking-in-billions-in-profit tough. Booms and busts have always rocked this industry, so executives could make a case for sitting on their cash until oil prices rebound and prosperous times return.
High penetration of renewables in markets such as Hawaii, California, Denmark, Germany, and China is one aspect of the ongoing changes in the electricity system that points toward rising opportunity for energy storage at the residential, commercial, and utility levels. Solar and wind, in particular, as rapidly scaling forms of variable generation, could benefit from storing excess electricity generation – whether on the grid or in the home – until it is needed. At the same time, energy storage is emerging as an alternative to traditional sources of ancillary services, for voltage regulation and other grid supports. Ultimately, large-scale storage could replace peaking power plants that are needed to run only a few hours a year to meet peak demand, while also being used to provide other valuable grid services year-round.
Microsoft is joining NRG Energy at The University of Texas at San Antonio’s (UTSA) Texas Sustainable Energy Research Institute (TSERI) to announce new research showing that batteries can help ease the transition to a grid increasingly powered by renewables.
A supercapacitor is a double-layer capacitor that has very high capacitance but low voltage limits. Supercapacitors store more electrical energy, rated in farads (F), at an electrode-electrolyte interface than electrolytic capacitors. They consist of two metal plates that are coated only with a porous material known as activated carbon. As a result, they have a bigger area for storing much more charge.
Australian power company AGL is to install the largest ‘virtual power plant’ in the world in Adelaide, South Australia using batteries from San Francisco-headquartered energy storage firm Sunverge Energy.
Renewable energy technology has been split into two camps since it became a reality around the turn of the century.