How did Massachusetts Blossom Into an Environment Ripe for Energy Storage, Pushing Technology and Business Models to the Cutting Edge?

Today’s energy storage technology can help power the country more efficiently and sustainably, and it’s getting better all the time. However, this resource’s greatest strength—the ability to both take in and let out energy rapidly—can be complicated to properly value. Having an energy storage system provide just one service can be expensive, and it’s a big waste of potential. Enter Massachusetts, where the stars have aligned and the full potential of energy storage may soon be on display, providing not one or two services, but seven or eight with a single project.

LCUS: A New Way to Accurately Measure Energy Storage Costs

It is often difficult to evaluate the benefits, effectiveness and costs of energy storage technologies. These benefits are dependent on how one uses storage and which technology is used for what purpose. The cost of using an energy storage asset also depends on the initial material and installation costs, as well as how well it is maintained during its service life. These aspects are interconnected and, until now, customers have not been able to easily access this information with a simple test. The new Levelized Cost of Using Storage method combines acquisition costs, O&M, expected use, and service life data into a single meaningful metric to compare different energy storage technologies.

The Energy Transition in 4 Charts

There is little debate that the energy transition is underway. However, the speed at which it is happening is very much in flux. Wood Mackenzie recently compiled some of its latest power and renewables forecasts into a presentation that shows its most recent outlooks across sectors.

UL Issues Its First Certification for EV Battery Recycling, Repurposing for Energy Storage

UL has granted its first certification to UL 1974, the Standard for Evaluation for Repurposing Batteries, to 4R Energy Corporation. Outlining how to sort and grade battery packs, modules and cells that were originally made for electric vehicles (EV) and other applications, UL 1974 helps identify a battery’s state-of-health and introduces ratings to determine the viability for their continued use. Through this process, performance-validated “second-life” batteries can be utilized for energy storage systems to provide a safe, reliable, clean energy source.

China Tariffs: US Industry Group Has ‘Deep Concerns’

The US Energy Storage Association has expressed “deep concern” that additional tariffs slapped on Chinese goods will adversely affect the domestic energy storage industry. The increase in prices in a price sensitive industry “could stymie projects already underway or cancel others altogether”, which could threaten livelihoods. The decision will “have an immediate and adverse economic effect on grid energy storage deployments in the United States,” a statement from the association said.

Getting Paid for a New or Existing Energy Storage System on Your Commercial Property – Massachusetts Incentivizes Energy Storage Systems

Commercial property owners with existing energy storage systems, or owners considering implementing an energy storage system, may be able to benefit from a recent order by the Massachusetts Department of Public Utilities allowing utility companies to pay customers who agree to rely upon their energy storage systems and dispatch the energy during peak events.

CEO Kelly Speakes-Backman’s Statement on Announcement of Additional Tariffs on Chinese Lithium-ion Batteries

As expressed in its statement on June 11, 2019, the U.S. Energy Storage Association has deep concerns regarding the announcement of additional tariffs on Chinese lithium-ion batteries. We also reiterate that this will have an immediate and adverse economic effect on grid energy storage deployments in the United States. It could stymie projects already underway or cancel others altogether; threatening jobs and livelihoods.

Con Edison Pilots New Approach to Increasing Battery Storage on its Grid

A new 1 MW / 1 MWh battery is expected to come online in Consolidated Edison’s territory next month, the first of several the New York City utility will roll out as part of a demonstration project that takes a new approach to developing energy storage for peak shaving and other grid benefits: rather than search for customers with the perfect load to also benefit and co-own the asset, ConEd tasked distributed generation developer GI Energy with finding under-utilized real estate to lease. The utility gave GI a list of locations on its grid where batteries could provide a benefit, and the company took care of project development and customer acquisition.

New York Utilities, NYISO to Collaborate on Allowing Storage in State’s Wholesale and Retail Markets

The New York Public Service Commission released on Friday a list of preliminary priorities for an energy storage market design and integration working group, convened by regulatory staff and NYSERDA. In December, the PSC ordered the creation of a plan and schedule for a working group with participants from investor owned utilities and the New York Independent System Operator in order to determine a path forward for storage to participate in both wholesale and retail energy markets in the state. NYISO does not currently accommodate dual participation.

Engie Puts Store in California Education

Engie Storage has installed battery storage systems for the Downey Unified School District in California. The 3.5MW solution will be operated by Engie’s GridSynergy software at seven school sites with the aim of cutting electricity bills by reducing demand charges. The GridSynergy cloud-based software uses historical and real-time data to calculate optimal charge and discharge cycles for the lithium-ion batteries.