One Gigawatt Down, Portfolio of Gigawatts Next

Fluence has been awarded or built more than 1 GW of energy storage capacity in 95 unique projects across 20 countries. Now, the company – a joint venture between Siemens and AES –is modeling the future of the power grid to predict where its expertise will be utilized next. The company expects significant future volume to come from two pathways: “wireless solutions” – that is, storage as transmission – and reaching into the natural gas mid-merit market.

 

Empower Energies and Hannon Armstrong Announce Large Investments in C&I Renewable Energy Projects

Empower Energies, a renewable energy development and financing company, and Hannon Armstrong, an investor in climate change solutions, recently announced they will jointly invest in renewable energy projects in the commercial & industrial (C&I) and municipal, university, school, and hospital markets across the United States. The collaboration unites Hannon Armstrong’s extensive experience in providing long term financing with Empower Energies’ existing platform for the development and acquisition of C&I-scale solar rooftop, ground-mount solar and canopy projects, as well as energy storage and related distributed generation technologies.

Lead Battery Carves Market Position as Energy Storage Grows

With energy storage expected to double this year and triple in 2020, researchers are working to boost lead battery performance for its use in renewable energy integration and electric vehicles. energy storage deployment. The Consortium for Battery Innovation (CBI), a global research organization that funds innovation in lead batteries, has developed a roadmap for growth. Advanced lead batteries offer cost and sustainability advantages, said Alistair Davidson, director, CBI. They’re generally less expensive than alternatives and are recycled at a rate of 99%.

ESS Raises $30M From SoftBank, Breakthrough Energy Ventures to Scale Iron Flow Batteries

Iron flow battery startup ESS raised an additional $30 million to take its technology from pilots to commercial scale. Since 2011, the company has been developing a low-cost, nonflammable long-duration storage technology to compete across domains where the dominant lithium-ion battery chemistries are weaker. The bigger potential for flow batteries is large-scale renewable energy-shifting, and that requires moving into megawatt-scale territory. This marks the second energy storage investment from Japanese investment firm SoftBank. It made its first foray into the sector this summer with a splashy $110 million investment in the block-stacking gravity storage startup Energy Vault. 

Energy Storage and a Carbon-Free Grid System

Whilst energy storage enables grid operators to expand their renewable energy resources, and lower carbon emissions by changing their reliance on conventional energy resources, the technology is also playing a pivotal role in modernizing grid networks and towards the introduction of new business cases. For instance, energy storage is granting stakeholders flexibility in generation, transmission, distribution and end-use. The deployment of utility-scale energy storage systems has allowed Italian multinational energy firm Enel to adopt new sustainability goals in line with standards promoted by the UN Global Compact, the Science Based Targets Initiative and the We Mean Business coalition.

Top Federal Energy Official Visits Alabama Power’s Smart Neighborhood

Deputy Secretary of Energy Dan Brouillette toured a home at Reynolds Landing in Hoover, where Alabama Power partnered with Signature Homes, Southern Company, the U.S. Department of Energy’s Oak Ridge National Laboratory, and technology vendors to create the Smart Neighborhood. Reynolds Landing homes feature emerging energy-efficient technologies, materials and appliances. The neighborhood is connected to a nearby community-scale solar energy system with natural gas and battery backup, the first of its kind in the Southeast.

Balance-of-System Costs Falling for Non-Residential Storage

Since 2014, non-residential storage system prices have declined by more than 15 percent in the U.S. Commercial and industrial customers with predictable, peaky loads are increasingly turning to storage to help manage demand charges. Grid services are also expected to provide a key value stream by the early 2020s. Over the next five years, system costs will decline further, with all-in costs falling by more than 27 percent by 2024, according to a new Wood Mackenzie report that looks at the pricing landscape for the U.S. non-residential storage segment.

8minute Solar Energy and Doosan GridTech Ink Deal to Develop Advanced Predictive Controls for Dispatchable Solar + Storage

8minute Solar Energy has partnered with Doosan GridTech to develop an advanced energy software control solution for dispatching energy from advanced solar photovoltaic plus storage centers. 8minute Solar Energy and Doosan GridTech will develop an advanced control platform with predictive dispatch capability at the Springbok 3 solar plant in the Mojave Desert. This partnership pairs Doosan’s flexible software platform and energy storage expertise with 8minute’s dispatch approach to maximize asset value creation.