Good news for energy storage this summer
Good news for energy storage this summer
Good News For Consumers Means Bad News For Self-Storage
The summer months, typically a peak storage demand season, have seen new customer rents drop 8% lower than in the second quarter of 2022, Green Street senior analyst Spenser Allaway told The Wall
New Mexico: Regulator approves PNM''s 310MW
NextEra team members at the Sky Ranch project. Image: NextEra Energy Resources CEO and president Rebecca Kujawa via LinkedIn . The New Mexico Public Regulation Commission (NMPRC) has approved an application
The Future of Energy Storage: Five Key Insights
Breakthroughs in battery technology are transforming the global energy landscape, fueling the transition to clean energy and reshaping industries from transportation to utilities. With demand for energy storage soaring, what''s
Storage is booming and batteries are cheaper
The U.S. added 3,806 megawatts and 9,931 megawatt-hours of energy storage in the third quarter of ''24, driven by utility-connected batteries. as new ACP analysis indicates the grid operator''s energy storage additions
gresham house Archives
UK battery energy storage system (BESS) investment fund Gresham House Energy Storage Fund has announced its half-year results to the end of June 2024. Maximising Revenue for Energy Storage: Insights & Strategies for Summer Success. March 6 - March 6, 2025. 3pm GMT / 10am EST . Energy-Storage.News is part of the Informa Markets Division
Bordeaux Summer School
"Since the advent of the industrial era, energy has always been a subject of primary importance. It is therefore crucial for young researchers to grasp the latest developments in this sector." Jean-Louis Bobet – Chairman of the "Advanced materials for energy storage and conversion" Bordeaux Summer School
CAISO adopts energy storage-friendly market
Energy-Storage.news'' publisher Solar Media will host the 5th Energy Storage Summit USA, 28-29 March 2023 in Austin, Texas. Featuring a packed programme of panels, presentations and fireside chats from industry
230MW BESS comes online at Bureau of Land
A 230MW battery energy storage system (BESS) from NextEra Energy Resources, part of a large solar-plus-storage project, has come online in California. The Bureau of Land Management (BLM), which manages the land
Positive environmental stories from 2024
The good news comes from energy think tank Ember which found that the proportion of electricity generated by fossil fuels in the bloc fell to a record low of 23 per cent last month - a sharp drop
Good news for our climate: Renewable energy is
Here are three pieces of good climate and energy news you might not have heard before: America had 15.5 gigawatts of battery energy storage at the end of 2023, 97 times as much as in 2014 and 72 percent more than at
AEMO: energy storage to play key role during
In an update AEMO provided to the industry regarding the NEM''s summer outlook, the 58% rise in available battery energy storage system (BESS) capacity will help balance the grid during what is anticipated to be another hot
Good news for our climate: Renewable energy is
We have more battery storage capability than ever before. Battery storage is a key component of a sustainable renewable energy system because many renewable energy sources are "intermittent," meaning they don''t
World''s Largest Storage Battery Will Power Los
By 2021, electricity use in the west Los Angeles area may be in for a climate change-fighting evolution. For many years, the tradition has been that on midsummer afternoons, engineers will turn on
How energy storage could pave the way for
Hidalgo-Gonzalez said another good storage scenario is storing hydropower in the spring for use during the dry summer. But can we store power for months? She said hydrogen technology can.
8 Tips for Optimizing Energy Storage Enabled Chiller Plant
However, before getting started with our checklist, it is important for operator and maintenance personnel to understand the overall concept of the thermal energy storage system. Thermal energy storage is used in order to save the building owners money during peak demand periods. Air-conditioning during summer daytime hours is the largest
California Battery Plant Is Among World''s
The 680-megawatt lithium-ion battery bank is big even for California, which boasts about 55% of the nation''s power storage capacity, according to data from the U.S. Energy Information Administration.
California exceeds another clean energy milestone
SACRAMENTO – California''s battery storage capacity has expanded rapidly, increasing by 3,012 megawatts (MW) in just six months to reach a total of 13,391 MW.This growth marks a 30% increase since April 2024, underscoring the state''s swift progress in building out clean energy infrastructure, especially during a summer marked by record-breaking heat.
Another hot summer increases the urgency for energy storage
The market appears to be responding, as new energy storage deployments more than doubled between 2022 and 2023, according to BloombergNEF''s Energy Storage Market Outlook, and are projected to
Good News for Batteries
Good News for Batteries . Additionally, the 10-year review of the CM is due to be published by Summer 2024. This review will provide further insights into the market''s performance and effectiveness. Watch this space for more positive news for energy storage. Cynthia Grainger. Join the community.
8 Best Energy Stocks to Buy in 2025 | Investing
The company is also involved in the energy transition, with geothermal, hydrogen, energy storage and lithium operations, and this year it closed an acquisition of Aker Carbon Capture.
How Texas became the hottest grid battery
" This was the largest instantaneous amount of energy storage deployed to date in the Texas market, but nevertheless is a record that will be substantially exceeded this summer as more energy storage capacity is
Calpine to bring 75% of 680MW California BESS
It is the first time Calpine has officially announced the Nova project, with Energy-Storage.news reporting on it using various sources in January this year (Premium access), when White & Case announced a US$1 billion-plus
China steps up new energy storage construction
The northwestern regions of the country, rich in solar and wind energy resources, has become the fastest region in developing new energy storage in the country, with 10.3 million kilowatts of new
News
Thanks to their smart technology and innovative features, RENAC''s energy storage systems show strong adaptability and stability in summer heat. Together, we can tackle every challenge of the new energy era, creating a green and
For energy storage fire safety, will perception become reality?
The 16 January fire at Moss Landing Energy Storage Facility in Monterey County, California, brought battery energy storage back into the national conversation, and not in a way that any in the industry would prefer.. Outside observers have called the fire a ''wake-up call'' and other battery energy storage system (BESS) facilities in California have already seen added
US Grid Operators Kept the Lights on This Summer with
Summer 2024 revealed the ability of solar, storage, and wind to supply valuable capacity during summer peak periods in not solely Texas, but also California and New
News
: China, struggling to make use of a boom in energy storage, calls for even more. 21 Jun 2024: Europe''s solar power surge hits prices, exposing storage needs. 28 May 2024: On California''s central coast, battery storage is on the ballot. 29 Sep 2023: For US energy storage, record growth is still a slog
Iron as an inexpensive storage medium for
Coalition for Green Energy and Storage (CGES) This project is part of the Coalition for Green Energy and Storage, which ETH Zurich launched in 2023 together with EPFL, PSI and Empa and is driving forward together with
Why solar and storage will drive the clean energy transition
The synergy between solar PV energy and energy storage solutions will play a pivotal role in creating a future for global clean energy. The need for clean energy has never been
Optimisation of energy storage assets in the US'' leading
These are also a good case study for figuring out the value of storage in dollar terms, writes Wayne Muncaster of GridBeyond. a dedicated section contributed by the Energy-Storage.news team, and full access to upcoming issues as well as the nine-year back catalogue are included as While the 2023 Summer Loads and Resources Assessment
Here Are 16 Good News Stories To Give You
It doesn''t take much on the internet to ruin your outlook on life. Politics in 2024 look bleak, to say the least, and everywhere you turn, there is a new issue to be angry about.. The news constantly bombards us with
6 FAQs about [Good news for energy storage this summer]
Is energy storage a permanent solution?
Despite the uncertainty of future economics, the trend is clear: energy storage is here to stay. The high capital expenditure, long storage system lifespans, and uncertain policy changes make costs uncertain, but the still-falling costs and exponential increase in capacity demonstrate this.
Is energy storage a good idea for small businesses?
On a smaller scale, energy storage is unlocking new economic opportunities for small businesses. By integrating renewable power with agriculture, individuals can store and supply excess energy, enhancing national grid resilience and diversity while generating profit. China has been a global leader in renewable energy for a decade.
Why is China promoting energy storage at the 2025 two sessions?
The buzzword “energy storage” at the 2025 Two Sessions underscores China’s strategic focus on building a resilient, sustainable, and diverse energy system, contributing new efforts to a sustainable global future. The country’s progress in new-type energy storage highlights how innovation can drive both economic and environmental progress worldwide.
Why is energy storage important?
A crucial factor motivating these safety improvements — and the broader focus on developing energy storage solutions more generally — has been the realization that energy storage is a necessary component in scaling up clean energy solutions to power society.
What is new-type energy storage?
This year, “new-type energy storage” has emerged as a buzzword. Unlike traditional energy, new energy sources typically fluctuate with natural conditions. Advanced storage solutions can store excess power during peak generation and release it when needed, enabling greater reliance on renewables as a primary energy source.
Are batteries the future of energy storage?
Developments in batteries and other energy storage technology have accelerated to a seemingly head-spinning pace recently — even for the scientists, investors, and business leaders at the forefront of the industry. After all, just two decades ago, batteries were widely believed to be destined for use only in small objects like laptops and watches.
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