The opening up of independent system operator (ISO) services as a result of FERC 841 has led to a “huge difference” in storage dispatch strategy for merchant markets with concurrent bidding now the typical strategy.
An energy storage project pipeline of 500MW in Texas’s ERCOT market is being developed by Dallas-headquartered distributed energy resources developer and operator Hunt Energy Network.
The drive towards longer duration energy storage will likely be multifaceted, with different technologies finding their place both in front of and behind the meter.
The challenges of explosion prevention – with flammable gases needing to be vented “very rapidly” – in the event of a battery fire have been highlighted at this week’s Energy Storage Summit USA.
The energy storage industry should be well prepared to deal with failure in lithium-ion battery systems so that thermal runaway in a single battery cell never becomes a fire or explosion.
The devastating power crisis in Texas last month proved the value of the energy storage market, particularly distributed models, according to a panel of renewables investors this week.
The business case for a range of long-duration storage technologies needs to be addressed to help the US reach its decarbonisation targets, according to the Department of Energy’s director of energy storage research Dr Imre Gyuk.
Based on the value it provides to grids as shares of renewable energy grow, energy storage is a “very exciting market,” the VP of Goldman Sachs Renewable Power has said.
Early days of the new regime have been applauded for their progressive nature, but lack of proper cost-benefit analysis for storage and concerns of trade tariffs remain
A combination of renewable energy, energy efficiency and energy storage can be used to effectively retire New York City’s entire fleet of more than 6GW of peaker plants by 2030, a new study has found.
