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.
New York Power Authority (NYPA) said on the release of its strategic plan VISION2030 in December that it wants to lead by example with a commitment to cost-effective clean energy that could see NYPA reach emissions-free electricity by 2035. Energy-Storage.news speaks with chief commercial officer (CCO), Sarah Salati to find out more.
A large-scale solar PV system paired with pumped hydro energy storage could cover as much as 25% of the Hawaiian island of Kaua’i’s energy demand, pushing the island’s total share of renewables in its energy mix past 80%.
A AU$20.3 million (US$15.36 million) project to demonstrate the capabilities of utility-scale vanadium flow battery storage in combination with solar PV has been announced in South Australia, with the Federal government helping to fund the project.
The Australian government-backed Clean Energy Finance Corporation (CEFC) has committed AU$125 million (US$92.12 million) to help build grid infrastructure for a 2GW pumped hydro project with 175 hours of storage duration.
Two large-scale pumped hydroelectric energy storage projects under development in the US have been acquired by fund management company Copenhagen Infrastructure Partners (CIP).
Greenko said that it will be helped along with plans to build multiple gigawatts of renewable energy plants alongside energy storage in India by an investment from Tokyo-headquartered ORIX Corporation.
The US national Energy Storage Association (ESA) has adopted a goal for the deployment of 100GW of new energy storage using a range of technologies by 2030, updating a previously set 35GW by 2025 target.
The European Union (EU) has just published its Strategy for Energy System Integration, including pledges to support renewables and energy storage as the continent targets carbon neutrality by 2050.
