Pushback against the proposed Puente natural gas plant in California now hinges on whether energy storage could do the job instead.
The first whack at the question, in a study by the California Independent System Operator, found that storage could provide the needed local reliability, but at 2.7 times the cost.
A GTM analysis of CAISO’s calculations, though, found that they rely on lithium-ion cost projections from 2014, which makes them just about ancient history in terms of the fast-moving storage industry. Battery costs keep falling faster than predicted, and in 2014 the industry was barely getting started.
CAISO doesn’t have access to proprietary cost data; the grid operator’s study makes clear the numbers are more of a ballpark calculation. It’s up to the California Energy Commission to decide whether to allow NRG to build its Puente gas plant in Oxnard for 2020, or whether more up-to-date cost data on alternative solutions would be helpful.
“At a minimum, the prices assumed for energy storage and solar in the CAISO study are not reflective of today’s market for either technology,” said Shayle Kann, head of GTM Research. “It’s always hard for regulators to keep up with markets that are adapting as fast as both solar and storage are, but in particular storage costs are falling fast enough that using data from 2014 is like relying on gas prices from before the shale revolution.”
Environmentalists have rallied to squash Puente, arguing the plant perpetuates a history of Oxnard as a “sacrifice zone for polluting power plants,” even though alternatives now exist. The city itself opposes the plant and called it “expensive, obsolete before it is open” in comments on the draft of CAISO’s study.
Click Here to Read Full Article
read more
The power purchase agreement (PPA) for what is claimed to be the Middle East’s largest solar-plus-storage project has been signed.
The Kodak Cell Assembly Center opened Tuesday in Eastman Business Park.
Renault electric vehicles are providing second-life batteries for energy storage in Europe.
The U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) and Clean Energy Group (CEG) have released the first comprehensive public analysis detailing the potential size of the commercial behind-the-meter battery storage market in the United States. NREL analyzed over 10,000 utility tariffs in 48 states, finding that more than five million of the 18 million commercial customers across the country may be able to cost-effectively reduce their utility bills with battery storage technologies.
Tesla first announced the Powerwall in 2015—a rechargeable lithium-ion battery energy storage unit intended for home usage that retails at over €5,000. Now, on social media and online forums, users are sharing DIY powerwall instructions involving recycled laptop batteries, enabling people to power their homes at a fraction of the cost.
VSUN Energy, the vanadium redox flow battery storage offshoot of mining group Australian Vanadium, has firmed up
Microgrids and energy storage improve electric reliability. So it was perplexing to see how little attention they received in a major study on grid reliability issued this week by the U.S. Department of Energy.
The U.S. Department of Energy’s National Renewable Energy Laboratory and Clean Energy Group (CEG) have released the first comprehensive public analysis detailing the potential size of the commercial behind-the-meter