Energy storage is surging – the U.S. market could double in 2018. But storage’s hasn’t yet been able to plug into America’s organized power markets. Fortunately, energy storage can tap these new markets and earn revenue through three tactics.
Spotlight on Storage: NYPA, Brenmiller Energy and Purchase College Launch Demonstration Project for Innovative Thermal Energy Storage Technology
Spotlight on Storage: NYPA, Brenmiller Energy and Purchase College Launch Demonstration Project for Innovative Thermal Energy Storage Technology JUNE 21, 2018 – 10:14SPOTLIGHT ON STORAGE Posted by Marissa Gillett, VP of External Relations About the ESA Blog Spotlight on Storage features commentary on new and innovative developments in the U.S. energy storage industry from ESA staff, members, and supporters. In today’s inaugural posting for the new Energy Storage Association (ESA) blog, Spotlight on Storage, we turn to a recently unveiled collaboration between ESA member companies New York Power Authority (NYPA) and Brenmiller Energy, who partnered on an innovative thermal energy storage project at Purchase College, State University of New York (SUNY). The joint R&D project between NYPA and Brenmiller will investigate thermal energy storage as a means to increase the efficiency of a standard combined heat and power system. At no cost to the College, a new system will be installed specifically to support the gym, replacing the aging district heating loop from the College’s central heating plant, which is projected to save the State University of New York about $100,000 per year.
New York Confirms Plans for “Energy Storage Roadmap”
The goal figure would account for one fifth of the state’s electricity demand used in homes. It is anticipated that achieving 1.5GW of energy storage could generate US$2bn in energy and greenhouse gas savings. Cuomo has also argued that investing in energy storage could prevent electricity outages caused by weather.
ESA CEO Statement on Massachusetts Senate Bill 2545 – An Act to Promote a Clean Energy Future
The Energy Storage Association (ESA) is encouraged by the inclusion of energy storage in legislation passed by the Massachusetts Senate last night. Establishing a separate energy storage target, as Senate Bill 2545 would require, would ensure that the Commonwealth maintains a leadership position next to California, New York, New Jersey, and Arizona in the drive to realizing the vision of 35 GW of energy storage by 2025. Moreover, along with complementary policies already in place, an energy storage target will help the Commonwealth to realize the immense ratepayer savings and increased grid resilience that energy storage resources can provide.
How NYPA is Taking ‘First Mover’ Position on EVs, Energy Storage and the Digital Grid
As the largest state-owned public utility in America, in one of the most progressive states in the country, the New York Power Authority doesn’t have the option of taking a “wait and see” approach on cleantech. Plus, NYPA’s business model enables it to invest in and deploy new technologies in bold ways, according to President and CEO Gil Quiniones.
Stem, Inc. Selected by Sheraton Waikiki for AI-Driven Energy Storage
Sheraton Waikiki has selected Stem, Inc., the global leader in artificial intelligence (AI)-powered energy storage, to provide energy storage services in support of the global hotel leader’s environmental sustainability planning. The 500 kWh system at the Sheraton Waikiki, which is owned by Kyo-ya Hotels & Resorts, will be the largest customer-sited system to participate in a utility program in Hawaii, and will play a maverick role in the transition of Hawaiian Electric’s grid management. “Intelligent energy storage is the next step in Sheraton’s environmental sustainability projects, because it enables us to take control of our energy usage and fully realize the value of our other recent energy investments,” said Eric Au, area director of engineering, Marriott Resorts and Hotels in Hawaii and French Polynesia. “The Stem platform provides the hotel real-time energy optimization in our planning and operating decisions, while enabling the community around our facilities to smooth the variability and integration of higher penetrations of renewable energy.”
Viridity Energy Breaks Ground on Two 20 MWh Battery Storage Projects in New Jersey
Viridity Energy Solutions Inc. (“Viridity”), a wholly owned subsidiary of Ormat Technologies, Inc. (NYSE:ORA) and a leader in energy storage, is pleased to announce groundbreaking on two 20 MW / 20 MWh standalone utility-connected battery energy storage projects that the company will own and operate in New Jersey. As previously announced, Viridity and Ormat teams are providing the project engineering, procurement and construction (EPC) services. The combined projects, interconnected with Jersey Central Power and Light’s transmission grid, will provide real-time frequency regulation as well as other ancillary services to the grid operator, PJM Interconnection. Viridity expects to begin operation of both systems in late 2018.
EDF Renewables Signs Agreement with Alliant Energy to Advance Iowa’s Renewable Energy Leadership
-EDF Renewables and Alliant Energy’s Iowa energy company today announced the signing of contracts by which EDF Renewables will develop and construct up to 200 megawatts (MW) of the Golden Plains Wind Project. Golden Plains Wind Project is located in Winnebago and Kossuth counties in the north central portion of Iowa. The Project is expected to create 150+ construction jobs as well as inject millions of dollars in economic benefits to the local area. The project will be completed by early 2020 and is expected to produce enough clean energy to power 87,000 average homes a year.
Microgrids Benefit from New Jersey’s Push for More Renewables and Energy Storage
New Jersey’s town center microgrids are poised to enter their next stage, enhanced by a series of state strategies to catalyze distributed energy. Selected for funding last year, the 13 town center microgrid proposals are now in the final stages of producing feasibility studies.
Energy Reliability: Achieving Resiliency through Microgrids
Energy reliability and resiliency is top of mind for many companies as cybersecurity becomes more of an issue for utilities, and climate change brings with it an increased threat of natural disaster. These challenges and more are paving the way for substantial progress in decentralized energy resources.