distributed energy storage system News
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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 ...
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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 ...
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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, ...
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FSP Microgrid Energy Storage System Creates New Value for Renewable Energy
FSP, a Top 10 global power supply manufacturer, has been working with leading enterprises to promote ESG sustainability and green governance transformations to meet global targets of net zero carbon emissions by 2050. FSP and renewable energy partners are now investing heavily in the development of distributed energy storage systems (ESS) for microgrids to maximize the benefits of renewable ...
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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 ...
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Ameresco Announces Contract for Large Distribution Battery Energy Storage Systems in California
Ameresco, a leading cleantech integrator and renewable energy asset developer, owner and operator, this week announced that it has entered into a contract with Southern California Edison (SCE) to design and build three grid scale battery energy storage systems (BESSs) at existing substation parcels throughout SCE's service territory in California. Due to the impact of the extreme weather events ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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The 50 States of Grid Modernization: All 50 States Addressed Grid Modernization During 2021
The N.C. Clean Energy Technology Center (NCCETC) released its 2021 annual review and Q4 2021 update 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 all 50 states and ...
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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 ...
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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, ...
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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 ...
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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 ...
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U.S. Department of Energy Releases Fact Sheet on The Bipartisan Infrastructure Deal
The U.S. Department of Energy has released a fact sheet on the Bipartisan Infrastructure Deal recently passed by Congress, calling it "a long-overdue investment in our nation’s infrastructure, workers, families, and competitiveness." A key piece in President Biden’s Build Back Better agenda, the infrastructure deal includes more than $62 billion for the U.S. DOE to deliver a more equitable clean ...
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The 50 States of Grid Modernization: Grid Modernization Action Increases by 60% in 2018
The N.C. Clean Energy Technology Center (NCCETC) released its 2018 annual review and Q4 2018 update 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 44 states and the ...
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