One of the U.S.‘s largest investor-owned energy utilities, Consolidated Edison (Con Edison), is planning to spend US$200 million on demand reduction technologies. Con Edison has filed a proposal with the New York Public Utilities Commission for a Brooklyn/Queens Demand Management Program (BQDM) that it hopes can defer the US$1 billion cost of building a new substation and expanding two existing ones.
Energy storage might not be cost effective in Germany as a method of helping the transition to a higher grid penetration of renewable energy, until that penetration level reaches as high as 90%, according to a leading think tank.
A large scale ‘battery park’ has gone online in West Meklenberg, Germany, designed to stabilise grid frequency in an area where a large amount of power generation comes from wind and other renewable energy.
The Australian Energy Storage Council, a new industry representative body has been launched for energy storage in Australia, backed and co-founded by the Australian Solar Council.
Australian solar and energy storage company ZEN Energy has received a AUS$200,000 (US$184,000) grant from local government toward the development and commercialisation of its energy storage technologies.
The Swiss and Chinese power engineering firms ABB and BYD have revealed a collaboration to develop new storage technologies.
An unnamed utility in California is preparing to test a grid storage system and look at the potential value streams it could provide, according to NEC Energy Solutions, which is providing the system.
A research project aimed at validating technologies for the “industrial scale” storage and dispatch of solar generated electricity in Switzerland has received CHF2 million (US$2.17 million) in funding from a local government agency.
Aerospace giant Lockheed Martin has acquired energy storage company Sun Catalyx, which was founded by a Massachusetts Institute of Technology (MIT) professor and has recently been developing flow batteries for grid storage.
TÜV SÜD has developed a certificate for renewable energy storage systems (RESS), which the testing house claims will “provide reliable information on the safety, performance and service life of stationary energy storage systems”.