The US battery storage market set another record in 2024, installing 12.3 gigawatts (GW) of new capacity across all sectors, according to a new report from the American Clean Power Association (ACP) and Wood Mackenzie.
In total, 12,314 megawatts (MW) and 37,143 megawatt-hours (MWh) of energy storage were added, marking a jump of 33% and 34%, respectively, compared to 2023.
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Hydrostor’s GEM A-CAES has received a conditional loan guarantee of up to $1.76 billion from the US Department of Energy (DOE) to build the Willow Rock Energy Storage Center, a cutting-edge compressed air energy storage (CAES) system, in Eastern Kern County, California.
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The new Quantum 3 battery energy storage system (BESS) from Wärtsilä is being describes as an intelligent, cutting-edge solution designed to meet the ever-evolving needs of utility-scale energy storage customers.
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New York City’s largest battery storage facility will replace a natural gas peaker plant unit retiring in 2025.
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Alcoholic drinks giant Diageo will replace natural gas-fired heat with Rondo Energy’s Heat Batteries at its production sites in Kentucky and Illinois.
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Power-hungry Texas needs solar and battery storage to help meet demand and balance the grid, so its largest utility-scale storage operator is delivering.
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The US battery energy storage market added 5,597 megawatt hours (MWh) in the second quarter of 2023, a new quarterly record.
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California-based Rondo Energy and Thailand’s Siam Cement Group are going to operate the world’s largest battery factory in Thailand.
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Rimac Technology has announced the launch of a new brand called Rimac Energy, created to “accelerate the transition toward a sustainably powered planet.” The new division says it will leverage the larger Group’s expertise in EV and battery technology to develop energy storage solutions (ESS) as well as battery-buffered fast chargers.
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BYD has announced plans to implement a 543 MWh Cube Pro liquid-cooled energy storage system (ESS) in Las Vegas, expected to begin commercial operation before year’s end. The Chinese automaker and battery specialist shared that the massive ESS will assist Nevada’s largest energy provider in achieving zero carbon emissions by 2050. Vegas, baby.
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Gone are the days of actually having to be near a wall outlet in order to plug in your AC devices. With today’s new offerings in the portable power station industry, plugging in everything from camping lights to power tools and even charging your electric bicycles can be done literally anywhere. And as I discovered from my testing of the unit, Issomi’s small yet mighty power station can do all of that and more.
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One of the US’s largest energy companies, Con Edison, has announced a contract with Centrica Business Solutions to transform a lot in Brooklyn, New York, into an energy hub complete with 18 350kW EV chargers and a battery energy storage system (ESS). Con Edison claims this will be the first hub in New York City that combines both energy storage and EV charging.
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Lithium-sulfur (Li-S) batteries, given their light weight and theoretical high capacities, are a promising alternative to conventional lithium-ion (Li-ion) batteries for large-scale energy storage systems and electric vehicles. But Li-S batteries currently suffer from poor longevity.
Now, scientists from the Gwangju Institute of Science and Technology (GIST) in Korea have discovered a new catalyst material’s ability to significantly improve lithium-sulfur battery life, giving them great commercial potential.
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California’s Pacific Gas and Electric Company (PG&E) will use global energy storage tech company Fluence’s AI-powered Trading Platform to optimize its battery energy storage system at Moss Landing.
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In today’s EGEB:
Battery storage projects are taking off in the US, with a substantial leap expected in the coming years, as the country could triple its utility-scale battery storage power operating capacity by 2023.
In today’s EGEB:
A newly introduced renewable energy megaproject combining multiple storage technologies is being billed as the world’s largest, and it looks to make its home in central Utah.
In today’s EGEB:
House Democrats are making a push for clean energy tax incentives, and a new proposed bill would expand the scope of energy storage installations that are eligible for the investment tax credit (ITC).
Arizona’s utility regulator, Andy Tobin, proposed a new energy modernization plan which will update Arizona’s policies on clean energy, storage, biomass, efficiency, vehicles and more.
The sweeping plant, seems to be an intelligent look at the most modern techniques, combined with pragmatic decision-making – to clean a power grid.
Yesterday, Saturday 13th, in South Australia the Tesla battery at Hornsdale Power Reserve was paid AU$1,000/MWh (USD$790/MWh) to absorb excess electricity from the power grid. The battery owners will later be able to sell this energy also.
The battery has become famous for coming online in under 100 days after an Elon Musk Twitter bet and later reacting to a crashed coal plants in milliseconds.
Xcel Energy, electricity utility of Colorado, received a batch of bids whose medians were 2.1¢/kWh and 3.6¢/kWh for wind and solar power plus energy storage, respectively. The pricing was released in the public version of the ‘2017 All Source Solicitation.’
The world’s previous low for solar plus storage was a 4.5¢/kWh project in Arizona.
Florida Representative Holly Raschein has sponsored a new bill in the Florida Legislature to fund a $10 million pilot program installing solar panels and energy storage at strategic public facilities to keep them up and running during critical events and natural disasters.
The program would start on July 1, and run for a single year. The Florida Solar Energy Center (FSEC) will administer and report on the outcomes, with potential expansion.