Utility Energy Storage News
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Tantalus Launches TRUGrid™ Transformer to Accelerate Grid Modernization
Tantalus Systems, a smart grid technology company focused on helping utilities harness the power of data, this week announced the commercial launch of its data analytics capability, TRUGrid™ Transformer, which is being deployed by a growing number of utilities across North America. TRUGrid Transformer is an expansion of Tantalus’ TRUGrid Automation suite of AI-enabled data analytics. This ...
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FEMA Study Finds Puerto Rico Can Achieve 100% Renewable Energy Future By 2050
The U.S. Department of Energy and the Federal Emergency Management Agency this week (Feb 7) released a summary report for the Puerto Rico Grid Resilience and Transitions to 100% Renewable Energy Study (PR100). The two-year study concludes that Puerto Rico can successfully meet its projected electricity needs with 100% renewable energy by 2050.PR100 outlines pathways to achieving clean energy ...
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Ember Study: Half of the World is Past a Peak in Fossil Power
Half of the world’s economies are already five years past a peak in power generation from fossil fuels, new analysis from energy think tank Ember shows. Emissions from these 107 power sectors, representing 38% of global electricity demand, have fallen by almost 20% in the last decade. The vast majority (78) of these economies have displaced fossil fuels from their power sectors through clean ...
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Biden-Harris Administration Requests Proposals to Expand and Modernize the Nation’s Electric Grid
In support of President Biden’s Investing in America agenda, the U.S. Department of Energy this week announced a Request for Proposals (RFP) for the second round of the Transmission Facilitation Program, a revolving fund supported by the Bipartisan Infrastructure Law to help overcome financial hurdles facing large-scale new and upgraded transmission lines. Through the RFP, DOE anticipates ...
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Regulators Approve 5-year Grid Resilience Plan for Hawaiian Electric
The Hawaii Public Utilities Commission (PUC) has approved Hawaiian Electric's $190 million Climate Adaptation Transmission and Distribution Resilience Program application, which will help defend against the increasing threat of wildfires and harden its five island electric grids against severe weather-related events fueled by climate change. The decision is an essential regulatory step enabling ...
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Southern Company Ranks First Among Utilities in Fortune's Most Admired Companies for 2024
Southern Company ranks as the No. 1 most-admired electric and gas utility worldwide according to Fortune magazine's World's Most Admired Companies list for 2024. A ranking of the world's most respected and reputable companies, the list is based on a survey of more than 3,700 executives, directors and financial analysts. "It is an honor to be named the most-admired electric and gas utility by ...
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EnergyHub Helps Ontario’s IESO Build Canada’s Largest Residential VPP in Just Six Months
EnergyHub, a leading grid-edge flexibility provider, in partnership with Ontario’s Independent Electricity System Operator (IESO), has enrolled more than 100,000 homes in the Save on Energy Peak Perks™ program in just six months to create the largest residential virtual power plant (VPP) in Canada. It’s the fastest growing flexibility program in EnergyHub’s decade-plus working with over 60 ...
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Public Service Company of Oklahoma Seeks New Generation Resources
Public Service Company of Oklahoma (PSO) has issued a Request for Proposals (RFP) seeking additional generation resources. The RFP seeks up to 1,500 megawatts of additional power generating capacity to be in service no later than December 15, 2028. The RFP includes all sources, such as natural gas, wind, solar and energy storage proposals. PSO is open to acquiring energy through a variety of ...
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NuEnergen, OBM Foreman to Automate Energy Curtailment for the Southwest Power Pool
Demand response services provider and energy management consultant NuEnergen announced this week a partnership to bring automated demand response to users of the Southwest Power Pool (SPP) through a collaboration with OBM Foreman, an industry leading miner management and curtailment software provider. This integration allows for rapid response to grid constraints by adjusting crypto mining ...
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Clean Sources of Generation are Set to Cover World’s Additional Demand Over Next 3 Years
Global electricity demand is expected to grow at a faster rate over the next three years as the clean energy transition gathers speed, with all the additional demand forecast to be covered by technologies that produce low-emissions electricity, according to a new report from the IEA. Electricity 2024 is the latest edition of the IEA’s annual analysis of electricity market developments and ...
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New MISO Attributes Roadmap Focuses on Future Grid Reliability Needs
MISO recently (Dec 15) published its Attributes Roadmap report which explores three key electric system attributes required to ensure grid reliability and presents recommended solutions to inform ongoing stakeholder collaboration. The report presents insights and solutions to the three system attributes where near-term risk is most acute - system adequacy, flexibility, and system stability. “We ...
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SoCalGas Supports Nostromo Energy's Installation of an Innovative Energy Storage Solution
Southern California Gas Company this week announced the successful installation of an innovative energy savings solution at the Beverly Hilton and Waldorf Astoria hotels, that helps reduce the need for air conditioning during peak electric demand, reducing greenhouse gas emissions, energy use, and costs. Nostromo Energy's IceBrick system will receive incentives from the California Public ...
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NREL Releases Beginner’s Guide to Understanding Power System Model Results for Long-Term Planning
The Beginner’s Guide to Understanding Power System Model Results for Long-Term Resource Plans is designed to improve decision-making in the electricity planning process by strengthening dialogue between system planners and relevant stakeholders. It focuses on interpreting scenario results generated by power system planning models. These results are often used to inform integrated resource plans, ...
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Biden Administration Announces Over $46 Million to Enhance EV Charging Reliability
The Biden-Harris Administration this week (Jan 19) announced $46.5 million for 30 projects in 16 states and Washington, D.C. to boost electric vehicle charging performance, resiliency, and reliability; support equitable access to clean transportation solutions; and grow the clean energy workforce. The number of EVs on America's roads has more than quadrupled since President Biden took office and ...
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NERC Submits Comprehensive Work Plan Addressing FERC Order 901 Directives
NERC has submitted a comprehensive Standards Development Work Plan in support of NERC’s 2024 work plan priorities around inverter-based resource reliability risks and to address directives from FERC Order 901. The work plan explains how NERC will prioritize the development of projects consistent with the timelines specified in the order, with full implementation of the resulting standards by ...
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Survey: Business Leaders are Overwhelmingly Positive about the Green Transition
Most business leaders believe that responsibility for driving the green transition rests with the private sector rather than policymakers, with the vast majority anticipating more opportunities than challenges. However, rapid progress to a lower carbon economy is under threat from the failure of companies to develop and source sufficient green skills, according to the Green Skills Outlook – new ...
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DOE Announces $131 Million to Supercharge America's EV Battery Supply Chain
The U.S. Department of Energy this week (Jan 18) announced more than $131 million for projects to advance research and development in electric vehicle batteries and charging systems, and funding for a consortium to address critical priorities for the next phase of widescale EV commercialization. The advanced battery consortium will work towards developing advanced technologies that will ...
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University of Waterloo: Research on Using Idle Trucks to Power the Grid with Clean Energy
University of Waterloo researchers are tapping into idled electric vehicles to act as mobile generators and help power overworked and aging electricity grids. The research proposes paying drivers of fuel cell powered trucks to rest during rush hour and while resting, to plug into a hydrogen refueling station or pipeline and use their trucks’ idle fuel cells as generators to provide electricity to ...
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DOE Announces $34 Million to Improve Grid Reliability, Resiliency, and Security
The U.S. Department of Energy this week announced $34 million for 12 projects across 11 states to strengthen and modernize America’s aging power grid through the development of cost-effective, high-speed, and safe undergrounding technologies. Through the Grid Overhaul with Proactive, High-speed Undergrounding for Reliability, Resilience, and Security (GOPHURRS) program, the selected projects will ...
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Technavio Report: Global Smart Grid Market to Reach $173 Billion by 2030
According to a new report (January 2024) from Technavio, the global market for smart grid technologies estimated at $49.8 billion in 2022, is projected to reach a revised size of $173 billion by 2030, growing at a CAGR of 16.8% over the analysis period 2022-2030. Software, one of the segments analyzed in the report, is projected to record 18.4% CAGR and reach $80 billion by the end of the ...
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