The cost of long-duration, grid-scale energy storage should be reduced 90% within this decade in order to accommodate the “hundreds of gigawatts of clean energy” needed, US Secretary of Energy Jennifer Granholm said yesterday.
Talen Energy, a US independent power producer (IPP) with a 13GW portfolio of generation assets, has contracted energy storage developer Key Capture Energy to install a battery storage system at the site of a coal power plant in Maryland.
SK Innovation has established a partnership with US energy storage system integration solutions and services company IHI Terrasun Solutions that could see the South Korean manufacturer’s lithium-ion batteries used in Terrasun projects from 2022.
Stem Inc said that its portfolio of aggregated battery energy storage systems was called into action to help balance electricity networks across four different states and provinces in the US and Canada during heat waves in June.
US Congress has been urged to unlock US$50 billion of federal spending power to implement upgrades to the country’s electricity sector, including measures to support energy storage.
In what seems likely to be the first of many such projects for New York City, an electric vehicle (EV) charging hub is going to be equipped with a 5MW / 15MWh battery energy storage system.
Update 23 June 2021: LG Energy Solution has said that it was the supplier of battery storage rack equipment to Vistra Energy’s recently commissioned record-breaking project in Monterey County, California.
US Secretary of Energy Jennifer Granholm spoke of the urgent need to create an advanced battery manufacturing value chain at a roundtable event with representatives of industry. Here are some of the key points and takeaways.
Agilitas, a developer of distributed solar PV projects in the northeast US, has acquired an energy storage company in New England and its three operational projects.
Emphasis has been placed once again on the importance of developing domestic battery supply chains for electric vehicles and energy storage by the administration of US President Joe Biden, with the country currently highly dependent on imports.
