energy storage demand News
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Ormat Technologies Announces Closing of the Acquisition of Viridity Energy
Ormat Technologies, Inc. (“Ormat”) (NYSE:ORA) today announced that it has closed its previously announced acquisition of substantially all of the business and assets of Viridity Energy, Inc. (VEI). VEI is a privately held Philadelphia-based company with nearly a decade of expertise and leadership in demand response, energy management and storage. Using proprietary software and ...
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Smart Phases at the Un Global Compact Leaders Summit
SMART PHASES INC is a Cleantech company with a business model based on sustainability. Our aim is to respond to society’s main needs through the provision of hybrid energy storage, renewable energy, waste heat, energy consumption and peak management amongst others. We do business differently. We offer solutions to address the great energy challenges facing humanity that will ...
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Smart Grid Renewables Integration Market Skyrockets Over 300%, to Reach $13 billion by 2018
FARMINGTON, Conn., June 4, 2012/PRNewswire-iReach/ -- Global Information Inc. is pleased to announce the availability of two important new green energy distribution and storage market research reports: Smart Grid Renewables Integration - Transmission Upgrades, Energy Storage, Demand Response, Virtual Power Plants, and Microgrids as Enablers of Renewable Energy on the Grid Smart grid ...
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That`s why Modular Uninterruptible Power Supplies are the answer to Data Centre Dilemma.
Starting from the example of Dublin overtaking London as Europe’s largest data centre cluster, we analize why modular uninterruptible power supplies are key to powering this processing revolution. Technology giants such as Amazon, Facebook, Google and Microsoft are always demanding more energy, and this growth is putting pressure on electricity supply in the countries that host them. If ...
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Advanced Microgrid Solutions Selected for Groundbreaking Clean Energy Project in Southern California
San Francisco clean-tech leader Advanced Microgrid Solutions was tapped for a second major grid services project in electricity-constrained areas of the Los Angeles Basin. Under five new power purchase agreements announced recently, AMS will build 40 Megawatts of fast-response energy storage systems at targeted customer locations in Southern California to reduce demand from the grid on key ...
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Opus One Solutions Seeks to Help Utilities Modernize the Grid
This week (4/30), Opus One Solutions (Opus One) announced the successful completion of a year-long joint project with Portland General Electric Company focused on Integrated Distribution Planning. By incorporating Opus One’s next generation software platform into PGE’s distribution planning process, PGE was able to demonstrate full situational awareness on their network. This allows ...
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Ormat Enters the Growing Energy Storage and Demand Response Markets by Acquiring the Business of Viridity Energy
Ormat Technologies, Inc. (“Ormat”) (NYSE: ORA) today announced that it has entered into a definitive agreement to acquire substantially all of the business and assets of Viridity Energy, Inc. (“Viridity”), a privately held Philadelphia-based company with nearly a decade of expertise and leadership in demand response, energy management and storage. The acquisition, which is ...
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Enel X Launches New Electric Mobility Business in North America
Enel X, the Enel Group’s advanced energy services business line, launched its new electric mobility unit in North America by integrating the company’s US-based electric vehicle (EV) charging solutions subsidiary, formerly known as eMotorWerks, into the Enel X brand as of July 12. With the launch of this new unit, the company will add JuicePass, Enel X’s new EV charging app as well as eMotorWerks’ ...
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Lithium Ion Batteries for Electric Vehicles Will Surpass $26 Billion in Annual Revenue by 2023
The steady increase in sales of electric vehicles (EVs) has led to advances in EV batteries, particularly those using lithium ion (Li-ion) technology. While early hybrid vehicles featured nickel-metal hydride (NiMH) batteries, Li-ion batteries have taken over, particularly in the latest generation of plug-in electric vehicles (PEVs). Click to tweet: According to a new report from Navigant ...
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Learn How Geli Can Improve the ROI of Solar PV
Minimal energy storage is required to achieve maximum demand charge savings. Learn how Geli can improve any solar investment with the addition of energy storage. Geli worked with Woodlawn Associates, a leading energy project finance consulting firm, to determine the economic benefits of solar-plus-storage systems in a number of different markets. High level findings include: The NPV of a ...
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Honeywell Introduces New Energy Storage Flow Battery Technology
Honeywell this week announced a new flow battery technology that works with renewable generation sources such as wind and solar to meet the demand for sustainable energy storage. The new flow battery uses a safe, non-flammable electrolyte that converts chemical energy to electricity to store energy for later use while meeting the environmental, longevity and safety objectives of utilities. ...
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NBI Releases Code Overlay for Electrification
New Buildings Institute (NBI) wants to help jurisdictions bite off however much electrification they can chew. Recently released model code language offers provisions for requiring all-electric buildings and alternative provisions for requiring electric-ready buildings. Cities and towns can layer whichever version of this “decarbonization overlay” they are ready for on top of the ...
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Installed Distributed Energy Resources Capacity Is Expected to Reach 530.7 GW in 2024
A new report from Navigant Research analyzes the global market for distributed energy resources (DER) technologies, with forecasts for installed capacity and revenue, through 2024. DER penetration is increasing globally, causing a significant, and sometimes controversial, impact on the power and utilities sector. The rapid expansion is expected to force a major shift away from the centralized, ...
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NREL Analysis Identifies Where Commercial Customers Might Benefit from Battery Energy Storage
Commercial electricity customers who are subject to high demand charges may be able to reduce overall costs by using battery energy storage to manage demand, according to research by the U.S. Department of Energy's National Renewable Energy Laboratory (NREL). The analysis represents the first publicly available survey of commercial-sector demand charges across the United States. By determining ...
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Black & Veatch: Renewable Energy, Technology Spur Utility Modernization Push
Faced with the rapid evolution of generation, transmission and distribution technology, utilities are poised to undergo their most visible transformation in more than a century. By actively pursuing grid modernization efforts now — deploying smart devices, predictive analytics and active network management strategies — they can overcome the pitfalls of aging infrastructure assets and meet rising ...
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NREL Tool Finds Effective Behind-the-Meter Energy Storage Configurations
The Energy Department's (DOE) National Renewable Energy Laboratory (NREL) has used the Battery Lifetime Analysis and Simulation Tool (BLAST) to confirm that energy storage for demand-charge management can deliver attractive economic benefits. The analysis paired recent utility rate structures with historic data on solar photovoltaic electricity generation and commercial facility loads to evaluate ...
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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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Global Thermal Energy Storage Market Expected to Reach USD 8558.34 Million by 2026
A recent report from Facts and Factors Research finds that the global thermal energy storage market in 2019 was approximately USD 4,281.6 Million. The market is expected to grow at a CAGR of 10.4% and is anticipated to reach around USD 8558.34 Million by in 2026. Thermal energy storage is referred to as a technology that stocks thermal energy by cooling or heating a storage medium. Later on, the ...
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Utility/DOE Data Indicates Sophisticated Hackers Have Compromised US Electric Control Centers
Either the utility industry’s key data on grid reliability can’t be trusted or the grid is MUCH more insecure, and possibly compromised, than the U.S. Department of Energy (DOE), Federal Energy Regulatory Commission (FERC) or the North American Electric Reliability Corporation (NERC) have seemed to acknowledge, according to Control Systems Cybersecurity Expert, Joseph M. Weiss. This concern ...
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New York Power Authority Recognized for Innovative Leadership for Battery Energy Storage System
The New York Power Authority announced this week (Sept 1) that it received an Innovation Icon award from Cloud for Utilities for a first-of-its-kind battery storage system expected to serve as a model for commercial buildings looking for safer, lower-cost energy storage solutions. The pilot program spotlights Cadenza Innovation's superCell lithium-ion battery technology to showcase the role that ...
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