distributed energy storage system News

Revenue from Distributed Energy Storage Systems is Expected to Exceed $16.5 Billion by 2024

A new report from Navigant Research analyzes the global market for distributed energy storage systems (DESSs), including global market forecasts for power capacity, energy capacity, and revenue through 2024. One of the fastest-growing markets for energy storage globally, distributed energy storage is the focus of rapid innovation and intense competition. In particular, residential and commercial ...

Jan. 12, 2015

By Navigant Consulting, Inc. (NCI)

Utilities in California and Ohio test new power storage technologies

Utilities in several states recently embraced new energy storage technologies as part of the deployment of advanced Smart Grids. In Ohio, International Battery will supply large-format lithium-ion batteries for the first-of-its-kind Community Energy Storage (CES) system, a distributed energy storage system developed by S&C Electric Company for American Electric Power (AEP). AEP Ohio's ...

Mar. 17, 2010

By U.S. Department of Energy - Office of Energy Efficiency and Renewable Energy

Worldwide Capacity of Distributed Energy Storage Systems is Expected to Increase Nearly 10-Fold in the Next 3 Years

A recent report from Navigant Research analyzes the global market for distributed energy storage systems (DESSs), including global market forecasts for power capacity, energy capacity, and revenue through 2024. The focus of rapid innovation and intense competition, the market for DESSs has exceeded industry expectations for growth and market volume in recent years. Responding to this demand, ...

Mar. 18, 2015

By Navigant Consulting, Inc. (NCI)

Community and residential energy storage systems investment to soar

Situated at the edge of the power grid, either at the distribution transformer or at the customer premise, community and residential energy storage (CRES) systems are typically much smaller than utility-scale or bulk energy storage systems. Currently, utilities, vendors, and governments are testing CRES systems for the purposes of smoothing peaks in electricity demand, enabling ...

Feb. 29, 2012

By GLOBE SERIES

Shell Agrees To Acquire sonnen

Shell* has agreed to acquire 100% of sonnen, a leader in smart energy storage systems and innovative energy services for households. This follows an investment by Shell in May 2018 and means that, post regulatory approval and completion, sonnen will become a wholly owned subsidiary of Shell. “sonnen is one of the global leaders in smart, distributed energy storage systems and has a track ...

Feb. 20, 2019

By Smart Grid Observer

Johnson Controls helps one of the world`s largest commercial buildings regulate energy usage

Johnson Controls is bringing its world-class battery technology and building systems expertise to the growing energy storage market by installing distributed energy storage technology in Chicago's iconic Merchandise Mart, one of the world's largest commercial buildings and wholesale design centers. This represents one of a number of energy storage projects in development by Johnson Controls for ...

Oct. 12, 2015

By Johnson Controls, Inc.

Hanwha SolarOne Makes Aggressive Push into Energy Storage Market Through Partnership with Silent Power

Hanwha SolarOne Co. Ltd., (Hanwha SolarOne), a top-10 global photovoltaic manufacturer of low-cost, high-quality solar photovoltaic modules, today announced a strategic partnership with Silent Power, the innovative energy storage systems company. The Hanwha Group, Korea’s top-10 business group, led Silent Power’s Series B funding round with an $8 million ...

Jul. 9, 2012

By Hanwha SolarOne Co., Ltd.

Telecommunications Network Provider Spending on Distributed Generation and Energy Storage Systems Is Expected to Total $31.1 Billion from 2015 to 2024

A recent report from Navigant Research analyzes the global market opportunity for distributed generation (DG) and energy storage (ES) technologies in the telecommunications industry, including global market forecasts for capacity and revenue, through 2024. As telecommunications have expanded to connect people and products around the globe, power requirements for keeping systems up and running ...

Nov. 4, 2015

By Navigant Consulting, Inc. (NCI)

White Paper: Why (and How) America Should Upgrade Our Vulnerable Electrical Grid

A new white paper from IEEE-USA, written by the nation's leading power engineers, addresses challenges and suggests solutions to current electrical grid shortcomings that are both technically feasible and economical. Challenges facing the U.S. electric power grid include aging equipment, physical and cyber security threats, transmission losses, wildfires and extreme weather, interconnection ...

Mar. 2, 2021

By Smart Grid Observer

NEC to Develop Energy Storage Systems with Cells from Ambri, Inc.

NEC Energy Solutions (NEC) and Ambri today announced they have signed a joint development agreement (JDA) in which NEC will design and develop an energy storage system based on Ambri’s Liquid Metal Battery technology. NEC will employ its proprietary AEROS® energy storage operating system and controls to optimize system performance of the Ambri-based energy storage systems for NEC ...

Sep. 23, 2019

By Ambri Incorporated

Emerging Business Models in Energy Storage Market Close the Gaps in Distributed Power Generation

Growing demand for distributed energy generation and energy storage system (ESS) technologies is producing new ESS business models, according to a new report from Frost & Sullivan. In Organization for Economic Co-operation and Development (OECD) countries, innovative models will open up opportunities for ESS original equipment manufacturers (OEMs), project developers, and ESS aggregators. In ...

May 23, 2017

By Smart Grid Observer

Alliance To Help Utilities Develop Private Wireless Broadband Networks to Support Grid Modernization

pdvWireless, Inc. announced recently (1/17) that Southern Company subsidiary Southern Linc will serve as a founding member of an alliance of utilities and vendors that will become a hub of information sharing, collaboration and planning to assist the development of private wireless broadband networks owned by and dedicated to utilities. The alliance will aim to drive scale and innovation for the ...

Jan. 21, 2019

By Smart Grid Observer

MHI to Introduce Large-capacity Lithium-ion Battery Energy Storage System to Power Grid of Orkney Islands in UK, Jointly with SSE

Tokyo, Nov 22, 2012 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI), jointly with SSE plc (formerly Scottish and Southern Energy plc), will begin an energy storage system demonstration project using the power grid in the UK's Orkney Islands, which has a high proportion of renewable energy generation in relation to demand. The project aims at demonstrating power supply stabilization in ...

Nov. 23, 2012

By Mitsubishi Heavy Industries, Ltd. (MHI)

Ice Energy Completes First Phase of Largest Distributed Thermal Storage System Installation in U.S.

Ice Energy, a leading provider of distributed thermal energy storage solutions, recently announced that it has completed the first phase of what will be the largest installation of its Ice Bear systems in the U.S., under a 21.6-megawatt (MW) energy storage contract with Southern California Edison (SCE). Approximately 100 Ice Bear systems, including the newly available Ice Bear 40 model, have been ...

Feb. 13, 2019

By Smart Grid Observer

Next-Gen Smart Grid Virtual Summit on December 9 to Look at Key Technology Advances and Business Models

Energy networks are undergoing fundamental change: centralized power systems are decarbonizing and incorporating more distributed energy resources, fostered by developments in power system management and ICT advances. The energy ecosystem is characterized by a growing number of prosumers (consumers and producers), interoperability challenges among disparate devices, new load sources such as EVs, ...

Oct. 28, 2020

By Smart Grid Observer

SimpliPhi Receives UL9540 Certification for AccESS, BOSS Products

Following completion of rigorous evaluation by nationally recognized testing labs, a wide range of SimpliPhi Power’s energy storage products and system configurations are approved for Certification under UL 9540. The AccESS, BOSS.6 & BOSS.12 systems can be used individually or in combination to achieve multiple, robust solutions across residential and commercial applications, both on ...

Jan. 7, 2021

By Simpliphi Power, Inc.

U.S. Sees Busiest Quarter Yet For State and Utility Grid Modernization Activity

The N.C. Clean Energy Technology Center (NCCETC) has released its Q1 2020 edition of The 50 States of Grid Modernization. The quarterly series provides insights on state regulatory and legislative discussions and actions on grid modernization, utility business model and rate reforms, energy storage, microgrids, and demand response. The report finds that 47 states, as well as the District of ...

May 1, 2020

By Smart Grid Observer

U.S. Energy Grid Needs a $15 Billion Overhaul

A comprehensive report on the vulnerability of the U.S. energy system released by the U.S. Energy Department calls for investments in the electric grid to protect it from extreme weather incidents and physical or cyber-attacks. Containing more than 50 recommendations the report calls for major investments over the next decade to improve pipelines, power lines, waterways, railroads and other ...

Apr. 21, 2015

By GLOBE SERIES

Regalgrid Europe Launches Its Smart Energy Sharing Solution

Regalgrid® an Italian startup that provides localized shared energy solutions recently debuted their first installation at H-FARM. The technology has huge potential in disrupting the future of energy consumption by giving more control to its consumers and helping them become more energy autonomous. Regalgrid's technology uses a patented software where multiple users can share their energy ...

Jun. 13, 2017

By Smart Grid Observer

Energy Storage China 2019 will be held in September in Guangzhou, aiming to reform China’s energy market

The China’s Energy Storage Market will continuously grow from its current market value of more than $700 million to over $6 billion by 2024.Energy Storage Industry, as the supporting industry and key driver of energy structure adjustment, has broad application prospects in different fields such as traditional power generation, transmission and distribution, power demand side, auxiliary ...

May 9, 2019

By Messe Düsseldorf China Ltd.

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