bulk energy storage News
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General Compression Secures $54.5 Million in Series B Financing
General Compression, Inc. ("GC"), a Massachusetts company developing utility-scale, responsive, renewable power projects that feature a proprietary compressed air energy storage system, announced today that it has closed on the first tranche of a $54.5 Million Series B Financing. Funds from this investment round will be used to enhance the company's manufacturing capacity and to build a pipeline ...
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Hydrostor Announces Australia’s First Compressed Air Energy Storage Facility, Advances Global Pipeline of Utility-Scale Projects
Hydrostor Inc., a leader in Advanced Compressed Air Energy Storage (A-CAES), is pleased to announce that its subsidiary, Hydrostor Australia Pty Ltd, has been awarded a combined total of $9 million of grant funding for Australia’s first A-CAES project, to be sited at a mine outside of Adelaide—the Angas Zinc Mine. The project represents a key milestone in the advancement of ...
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Energy Storage Tracker 4Q12
Reportlinker.com announces that a new market research report is available in its catalogue: Energy Storage Tracker 4Q12 http://www.reportlinker.com/p01055986/Energy-Storage-Tracker-4Q12.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Renewable_energy Government investments in energy storage and related areas (such as smart grid) are clearly bearing fruit, particularly in the ...
By ReportLinker
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California Sees Unprecedented Growth in Energy Storage
New data show California is surging forward with the buildout of battery energy storage systems with more than 6,600 megawatts (MW) online, enough electricity to power 6.6 million homes for up to four hours. The total resource is up from 770 MW four years ago and double the amount installed just two years ago. Details of the energy storage fleet, a key component in the state's transition to 100 ...
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NERC Report Highlights Major Contribution to Reliability Offered by Battery Storage
NERC's Impacts of Electrochemical Utility-Scale Battery Energy Storage Systems on the Bulk Power System report was released this week. The assessment emphasizes some of the potential reliability benefits that battery energy storage systems can offer, such as providing peaking capacity; minimizing the need for new generation and transmission infrastructure; and providing essential reliability ...
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10 Countries Are Expected to Account for Approximately 80% of the Annual Market for Utility-Scale Energy Storage
A new report from Navigant Research provides forecasts for utility-scale energy storage systems (ESSs) deployed globally in terms of power capacity (MW), energy capacity (MWh), and revenue generated from the development of new projects in 26 countries worldwide.With the emergence of new markets and applications, 2018 represented the largest year on record for new ESS capacity. Despite this ...
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NERC Disturbance Report Emphasizes Continued Need for Industry Action, Provides Recommendations
As inverter-based resources, including modern wind turbines, solar photovoltaic and battery energy storage systems, continue to drive grid transformation, they may also introduce potential risks to the system, as documented by NERC in multiple disturbance reports. As part of its Inverter-Based Resource Strategy, NERC is dedicated to identifying and addressing these challenges, sharing risk ...
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New York Energy Storage Roadmap to Achieve 1,500 Megawatts by 2025
New York Governor Andrew M. Cuomo recently (6/21) announced the release of the state's comprehensive Energy Storage Roadmap to guide New York toward its nation-leading energy storage target. With this Roadmap, New York is jumpstarting the development of this clean energy technology, while supporting the Governor's energy storage target of 1,500 megawatts by 2025 the equivalent electricity demand ...
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