electricity storage News
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FERC Proposes to Integrate Electricity Storage into Organized Markets
The Federal Energy Regulatory Commission (FERC) on November 17 proposed to more effectively integrate electric storage resources into organized wholesale markets to enhance competition and help ensure that these markets produce just and reasonable rates. The proposal stems from concerns that electric storage resources may face barriers that limit them from participating in organized wholesale ...
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Britain's Largest Pumped Hydro Scheme in 40 Years Gets £100m Investment Boost
Located on the shores of Loch Lochy, between Fort William and Inverness, the Coire Glas project is expected to require a capital investment of over £1.5 billion to construct and, if approved for final delivery, would be the first pumped hydro storage scheme to be built in the UK in 40 years. The project, which received planning consent from the Scottish Government in 2020, would also more than ...
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Shanghai Dowell Technology Co Ltd (Dowell) is pleased to announce an expansion in its operations
Having been extremely successful in battery electricity storage systems in the domestic China market and having taken part in some of the biggest projects for battery electricity storage systems, the company has decided to expand operations. Previously the company had confined itself to offering EPC (Engineering, Procurement and Construction) and system integration services for the domestic ...
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marcus evans Announces 3rd Annual Electric Energy Storage Conference
marcus evans, a conference producing company, will host the 3rd Annual Electric Energy Storage Conference, January 8-10, 2013 at the Embassy Suites Biltmore in Phoenix, AZ. Twenty-two leading energy storage experts will provide insights on how to advance the technological and economic potential of electric storage operations at this two-and-a-half day event. Energy storage technologies have the ...
By Marcus Evans
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Fingrid Increases Real-Time Market Information About Balancing Power
Fingrid is extending the test for real-time publication of balancing power pricing data. The aim is both to increase the transparency of the electricity market and to create a level playing field for all operators on the market. Fingrid targets to enable the participation of flexible electricity consumption, production and storage in the electricity trade increasingly close to real time.The ...
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2010 Aspen Institute Energy and environment awards nominations open
The Aspen Institute has opened nominations for the third annual Aspen Institute Energy and Environment Awards. These awards, created by members of the Aspen Institute Global Leadership Network, recognize and reward excellence for those making a real and concrete contribution to innovation, implementation, and communication of energy and environmental solutions. The deadline for nominations is ...
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Electric Energy Storage Systems to Enhance Electric Grid Reliability and Support Expanded Renewable Energy Usage, States Frost & Sullivan
Electric energy storage systems are crucial for the further development and transformation of a range of sectors, including renewable energy, automotive, grid stabilization, smart grid, back-up power and portable devices. Big scale, reliable and durable electric energy storage technologies will enhance the usage and commercial attractiveness of intermittent renewable energy sources, such as wind ...
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Ministerial roundtable seeks to unlock investment in UK energy storage
Business leaders have met with UK Energy Minister the Rt Hon Greg Hands MP to discuss how the government could unlock significant investment in vital energy storage technologies needed to decarbonise the power sector and help ensure greater energy independence. The meeting was organised by the Long-Duration Electricity Storage Alliance, a new association of companies, progressing plans across a ...
By Drax Group
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Department of Energy Announces Funding to Support Long-Duration Energy Storage
The U.S. Department of Energy (DOE) recently (5/1) announced up to $30 million in funding for projects as part of a new Advanced Research Projects Agency-Energy (ARPA-E) program: Duration Addition to electricitY Storage (DAYS). DAYS project teams will build innovative technologies to enable long-duration energy storage on the power grid, providing reliable electricity for 10 to approximately 100 ...
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Cost of turning off UK wind farms reached record high in 2021
Investing in more long duration electricity storage, such as expanding Drax’s Cruachan pumped storage hydro plant in Scotland, would mean more excess renewable power could be stored and made available when required, cutting costs and carbon emissions. The cost of turning off UK wind farms to manage the electricity system rose from almost £300m during 2020 to over £500m in ...
By Drax Group
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Battery Costs in Stationary Energy Could Fall by up to 66%, Grow 17-Fold by 2030, Says IRENA
The cost of battery storage for stationary applications could fall by up to 66 per cent by 2030, according to a new report published recently by the International Renewable Energy Agency (IRENA). The falling price of batteries could stimulate 17-fold growth of installed battery storage, opening up a number of new commercial and economic opportunities, the report highlights. IRENA’s ...
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NREL Awarded $2.8M from ARPA-E to Develop Low-Cost Thermal Energy Storage
The U.S. Department of Energy's National Renewable Energy Laboratory has been awarded nearly $2.8 million in funding from DOE's Advanced Research Projects Agency-Energy to develop a system for grid electricity storage and power generation. The system includes a high-temperature charging device, low-cost thermal energy storage modules, a high-performance heat exchanger, and a closed-loop Brayton ...
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Ofgem and Government Pave the Way to a Smarter, More Flexible Energy System
November 15, 2016 -- Ofgem and the UK Government are asking for views on developing a smarter, more flexible and user-friendly energy system which could lower the energy bills of Great Britain's homes and businesses. A wealth of innovative technologies and services could deliver substantial savings, improve the reliability of GB's electricity supply and support the move to a low carbon energy ...
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`Game Changers` Explores a Cheaper, Cleaner, a More Secure National Energy System
Original story at MIT News The Hoover Institution and Massachusetts Institute of Technology Energy Initiative (MITEI) released on June 17 the product of a multiyear collaboration: "Game Changers: Energy on the Move." The book, which highlights the historic and current effects of five research and development efforts from U.S. universities, stresses the importance of sustained support for basic ...
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Department of Energy Announces New Projects to Extend Grid Energy Storage
The U.S. Department of Energy has announced the selection of 10 projects as part of a new Advanced Research Projects Agency-Energy (ARPA-E) program, Duration Addition to electricitY Storage (DAYS). Awardees will develop energy storage systems to provide reliable, affordable power to the electric grid for up to 100 hours, enhancing grid resilience and performance. Under Secretary for Science Paul ...
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Department of Energy Announces $120 Million for Battery Innovation Hub
Today (9/18), the U.S. Department of Energy (DOE) announced plans to provide $120 million over five years to renew the Joint Center for Energy Storage Research (JCESR), a DOE Energy Innovation Hub devoted to advancing battery science and technology, led by Argonne National Laboratory. "Improvements in battery performance are paramount to the future of both transportation and the electric grid," ...
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Moixa presents the future of UK energy storage to the US Energy Storage Summit 2016
Moixa was invited to brief delegates to the US Energy Storage Summit about how storage in Europe is addressing the dual challenge of grid balancing and a decentralised energy market. CEO Simon Daniel addressed an audience of utilities, financiers, regulators, technology innovators, and storage innovators. In Europe, peak electricity demand is driven by domestic consumption, with households ...
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America’s 10 biggest energy challenges
Nine of the challenges center on the difficulties associated with meeting the “twin goals” of producing sustainable energy in sufficient volumes while at the same time lowering carbon emissions. “Indeed, one of the most pressing decisions facing policymakers is determining which combinations of new technologies offer the best chance of delivering on these goals,” writes ORNL communications ...
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FERC’s Energy Storage Ruling - How This Will Affect You?
(Gigaom) - The Federal Regulatory Energy Commission recently passed a mandate to support energy storage technologies that can provide quick bursts of power to the grid to help it run more smoothly. This new rule could play a crucial role in nurturing the growth of the young energy storage market, though energy storage companies won’t be the only beneficiaries of the new rule. What’s ...
By Marcus Evans
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RWE wins GreenTec Award 2015
Smart Country takes Europe’s most important environmental and economic award 1000 guests attend festive gala at the Berlin Tempodrom RWE Deutschland’s model project Smart Country takes the GreenTec Award 2015 in the category “Energy“. On Friday night at the Berlin Tempodrom, CTO Dr. Joachim Schneider, on behalf of the energy company, received the award which the ...
By RWE AG
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