In light of Virginia’s goal to go 100% renewable and clean energy by 2050, utility Dominion Energy has issued a Request for Proposals (RFP) for 1,000MW of onshore wind and solar and up to 250MW of energy storage as well as laying out longer-term plans.
Contracts have been awarded to 770MW of battery energy storage project proposals by Southern California Edison (SCE), one of the US state of California’s three major investor-owned utilities (IOUs).
Australia’s government-owned green bank, the Clean Energy Finance Corporation (CEFC), has pledged AU$300 million (US$192 million) of existing funding towards “building investor confidence in renewable hydrogen”.
Solar Media’s Liam Stoker and Andy Colthorpe discuss the continuing effects of COVID-19 on worldwide power markets, reflecting on IEA forecasts for historic energy demand lows and what they mean for renewables.
Vanadium redox flow batteries are almost as reliable as diesel generators in providing resiliency, but won’t be competitive against lithium-ion unless cost reductions can be achieved with the scaling up of manufacturing and deployment.
Moving from today’s gas stations to their electrified equivalent can present a challenge so “dramatic” that in some cases, microgrids may be the only viable solution, a representative of Schneider Electric has said.
The levelised cost of electricity (LCOE) that can be achieved today for battery energy storage means that “new-build batteries can be competitive on cost with gas peaker plants,” according to BloombergNEF.
Arkansas, currently ranked 31st among US states for solar deployment, will get a solar-plus-storage plant with 100MW of photovoltaic generation and 10MW / 30MWh of battery storage after regulator Arkansas Public Service Commission approved the project.
Two commercial battery energy storage systems owned by a family-owned wholesale food business in the UK have been used by aggregator Flexitricity to trade in the Balancing Mechanism (BM)
