enable energy storage News

FERC Pursues Pathways to Accelerate Multiple-Use Storage Deployment

The Energy Storage Association recently commended the Federal Energy Regulatory Commission (FERC) decision to host a Technical Conference on methods to compensate energy storage systems for the multiple values they provide in wholesale markets. While FERC has previously ruled that energy storage can participate in competitive generator markets and that storage can receive cost-based recovery as a ...

Oct. 4, 2016

By Smart Grid Observer

Revenue from Energy Storage Technologies is Expected to Exceed $21 Billion Annually by 2024

A new report from Navigant Research analyzes the global market for energy storage enabling technologies (ESETs) across four distinct market segments: utility-scale storage, community storage, residential storage, and commercial storage, including global market forecasts through 2024. The supporting technologies associated with energy storage systems include power conversion (primarily focused on ...

Apr. 6, 2015

By Navigant Consulting, Inc. (NCI)

Installed Energy Storage Enabling Technology Revenue Is Expected to Reach $21.5 Billion Annually by 2024

A recent Leaderboard Report from Navigant Research examines the strategy and execution of 12 leading energy storage systems integrators (ESSIs), including vendor profiles, ratings, and rankings, with the goal of providing industry participants an objective assessment of these companies’ relative strengths and weaknesses in the market. With battery prices continuing to decrease, increased ...

Sep. 24, 2015

By Navigant Consulting, Inc. (NCI)

Energy Department Releases Grid Energy Storage Report

As part of the Obama Administration’s commitment to a cleaner, more secure energy future, Energy Secretary Ernest Moniz released the Energy Department’s Grid Energy Storage report to the members of the Senate Energy and Natural Resources Committee. The report was commissioned at the request of Senator Ron Wyden, Committee Chairman. The report identifies the benefits of grid energy ...

Dec. 12, 2013

By US Department of Energy

Energy Storage Enabling Technologies Revenue Is Expected to Total Nearly $75 Billion from 2015 to 2024

A recent report from Navigant Research analyzes the global market for energy storage enabling technologies (ESETs) across four distinct market segments: utility-scale storage, community storage, residential storage, and commercial storage, including global market forecasts through 2024. Broadly speaking, the three main components of the ESET value chain are hardware, software, and services, ...

Jul. 15, 2015

By Navigant Consulting, Inc. (NCI)

Energy Storage-Enabled Applications Are Poised to Disrupt Energy Markets

A recent white paper from Navigant Research examines five major trends and the related market forces expected to shape the future of the energy storage industry in 2016 and beyond. In the next 3-5 years, the storage industry is positioned to truly scale and echo the explosive growth seen in the solar PV industry. Incremental improvements in energy storage technologies, developments in regional ...

Sep. 30, 2016

By Smart Grid Observer

Europe raises 2018 PV forecast after Asia tariff expiry; New England files storage market rules

Europe is forecast to add 12.6 GW of solar power capacity in 2018 (including Turkey), up 37% year-on-year as the expiry in September of import tariffs on Asian modules and cells boosts demand, industry group SolarPower Europe said in a statement October 31. In June, SolarPower Europe predicted a smaller increase of 34%. "The European solar market is growing even more than anticipated in 2018, in ...

Nov. 7, 2018

By New Energy Update

Nexeon wins Rushlight Award for Energy Efficiency

Nexeon, a leading developer of next generation lithium-ion battery technology, has won the Rushlight Award for Energy Efficiency 2012-2013. The RSA-accredited Rushlight Awards highlight innovation and the holistic environmental benefit of technologies for organisations throughout UK and Ireland. The Energy Efficiency Award recognises technologies or innovation that bring significant ...

Feb. 14, 2013

By Nexeon Limited - a division of the Filtrex Global group

DOE Awards $100 Million for Innovative Energy Research

U.S. Energy Secretary Ernest Moniz today announced the awarding of $100 million for Energy Frontier Research Centers (EFRCs) to accelerate the scientific breakthroughs needed to build the 21st-century energy economy. The awards announced today are the second round of funding for EFRCs and the research supported by this initiative will enable fundamental advances in energy production, storage, ...

Jun. 18, 2014

By US Department of Energy

New rechargeable flow battery enables cheaper, large-scale energy storage

Original story at MIT News MIT researchers have engineered a new rechargeable flow battery that doesn’t rely on expensive membranes to generate and store electricity. The device, they say, may one day enable cheaper, large-scale energy storage. The palm-sized prototype generates three times as much power per square centimeter as other membraneless systems — a power density that is ...

Aug. 19, 2013

By MIT - Massachusetts Institute of Technology

Study says hydrogen essential for Europe`s energy transition

Hydrogen is an essential element in the energy transition and can account for 24% of final energy demand and 5.4m jobs by 2050, says the new study by the FCH JU, “Hydrogen Roadmap Europe: A sustainable pathway for the European Energy Transition“. The Fuel Cells and Hydrogen Joint Undertaking (FCH JU) is a unique public private partnership supporting research, technological ...

Feb. 18, 2019

By Future Energy Publishing Ltd - Carbon Capture Journal Ltd

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 ...

May 2, 2018

By Smart Grid Observer

Stem and CPower Announce Energy Management Partnership

Stem, Inc., a leader in intelligent energy storage services, and CPower, a leader in demand response (DR) and demand-side energy management services for commercial and industrial customers, recently announced a new partnership to deliver a unique demand-side energy solution to customers across the U.S., starting in California. The partnership will combine Stem's energy storage services with ...

Aug. 11, 2017

By Smart Grid Observer

Greentown Labs and Schneider Electric Launch Bold Ideas 2020 to Accelerate Energy Storage Innovations

Greentown Labs, the largest cleantech startup incubator in North America, and Schneider Electric are now accepting applications for Bold Ideas 2020. Greentown Labs and Schneider Electric are seeking submissions from Pre-Seed to Series B stage entrepreneurs who can enable the swift deployment, integration, and operation of energy storage assets at scale. Bold Ideas 2020 is a six-month accelerator ...

Feb. 18, 2020

By Smart Grid Observer

Abengoa to develop new solar-thermal storage technology in collaboration with the US National Renewable Energy Laboratory (NREL) and the Colorado School of Mines

Abengoa (MCE: ABG.B/P SM /NASDAQ: ABGB), the international company that applies innovative technology solutions for sustainability in the energy and environment sectors, together with the National Renewable Energy Laboratory (NREL) and the Colorado School of Mines (CSM), has been selected by the US Department of Energy (DOE) to develop a new solar storage technology for thermo-electric plants. ...

Jun. 10, 2014

By Abengoa

New technique reveals lithium in action

Fundamental reactions behind advanced battery technology, revealed in detail by advanced imaging method, could lead to improved materials. Written by David L. Chandler, MIT News Office.You can read the original story in MIT News A solid-state lithium-air battery (highlighted in orange) is positioned inside a test chamber at the Advanced Light Source (ALS) at Lawrence Berkeley National Laboratory, ...

Oct. 8, 2012

By MIT - Massachusetts Institute of Technology

NEC Completes Energy Storage System for Consumers Energy

NEC Energy Solutions announced recently (1/31) the completion of an energy storage system for Consumers Energy. The NEC energy storage solution, located in Grand Rapids, Michigan, includes two independent 280kW/340kWh DSS®energy storage systems and NEC's proprietary AEROS controls software. The energy storage system will enable Consumers Energy to investigate how energy storage can be used to ...

Feb. 4, 2019

By Smart Grid Observer

Virtual Power Plants Will Reach $5.3 Billion in Annual Vendor Revenue by 2023

Several developments in the power sector, including the increasing penetration of smart meters and growth in variable renewable generation, have created an environment conducive to virtual power plants (VPPs). VPPs combine a rich diversity of independent resources into a network via sophisticated planning, scheduling, and bidding of distributed generation-based services. Click to tweet: According ...

Jun. 24, 2014

By Navigant Consulting, Inc. (NCI)

Energy Department Announces Projects to Advance Cost-Effective Concentrating Solar Power Systems

The Energy Department today announced $10 million for six new research and development projects that will advance innovative concentrating solar power (CSP) technologies. The projects will develop thermochemical energy storage systems to enable more efficient storage of solar energy while using less storage material, cutting the cost for utility-scale CSP electricity generation as a result. Also ...

May 21, 2014

By US Department of Energy

EPS Commissions 100% Emission-Free Microgrid Powered by Solar PV and Hydrogen-Based Storage in Chile

Electro Power Systems S.A. (EPS) recently announced the commissioning of a new energy storage system microgrid in Chile. EPS realized for Enel Green Power the world's first commercial-scale microgrid that is 100% emission-free, powered by solar energy and coupled with hydrogen and lithium-based storage. The system is currently meeting part of the energy demand of the camp that hosts over 600 ...

Jun. 1, 2017

By Smart Grid Observer

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