How do electric grids that were state-of-the-art in the 19th Century remain stable and resilient through 21st Century climate disasters and other problems? They don’t, says Catherine Von Burg, CEO and co-founder of distributed battery energy storage company SimpliPhi Power – but giving people the power to be independent can be a solution fit for the future.
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.
A US$70 million funding round has been successfully closed by Highview Power, a UK-headquartered company which has developed a liquid air energy storage (LAES) system called the ‘CRYOBattery’.
Mexico’s economy, international competitiveness and quality of power on the electric grid – as well as its environment – could be given a serious boost if battery energy storage systems were given a greater chance to contribute, a developer of projects based in the country has said.
Renewable energy uptake and the falling costs of battery energy storage are “inexorably linked” as the global economy faces a crucial decade ahead in its urgent need to decarbonise, according to work by McKinsey & Company.
NREMC, a rural utility cooperative in Indiana, has just announced that it is deploying 108MWh of battery storage in a five-year project with energy storage technology and solutions provider FlexGen.
Australian utility AGL has furthered its plans to develop 850MW of large-scale battery storage across a number of sites in the country, announcing a new project in Victoria.
A deal covering co-development of projects in Chile and the wider Latin America region has been signed by Highview Power, provider and integrator of zero emissions liquid air energy storage (LAES) suitable for large-scale, long duration applications.
The US Federal Energy Regulatory Commission (FERC) hosted a technical conference on hybrid resources – pairing storage with generation – examining in order to overcome barriers that exist to the otherwise fastest-growing phenomenon of the grid.