Scientists from General Electric's Global Research Center in Niskayuna recently won a $1.25 million grant from the U.S. Department of Energy to study the viability of so-called pumped storage hydropower technology that essentially stores up power generated from solar and wind farms for use on the electric grid. The grant, which was awarded by the
The United States will this year become the world’s largest market for grid-connected battery energy storage, as solar-plus-storage and peaking capacity requirements drive increased procurement, according to IHS Markit. Deployments of grid-connected energy storage in the United States this year are expected to amount to 712 MW, almost double of 376 MW in 2018.
Solar and wind are clearly the future of energy, yet the adoption of renewables has been largely constrained by their intermittent nature. Innovations in energy storage technology might change that. In the last year alone energy storage has grown by 6 GWh of capacity globally and it has the potential to grow 13 times present
Microgrids increasingly depend on solar-plus-storage — or the ability to generate solar power on site and to store excess electrons in batteries that would release that energy when it is needed. Energy storage provides a Swiss army knife of services, from shaving peak load to storing and injecting wind and solar electrons onto the grid.
MPC Capital has announced its expansion of development and investment activities in the Caribbean and Central America. The company is currently active in Jamaica, Costa Rica, Panama, Trinidad and Tobago, and Colombia. MPC Capital and Guinea Estates have partnered to lead the development of a 5MW solar project in Barbados. This project is expected to
The Off Grid Electricity Fund was created by Haiti and the World Bank to encourage clean energy and support various schemes including small-scale electricity grids and solar PV installation. An initial USD 17.2 million will be deployed over 10 years, with further plans for the fund’s future. The Clean Technology Fund, a trust run by
Pumped storage accounts for over 94% of installed global energy storage capacity, rightfully deserving the accolade of being the world’s ‘water battery’. The existing 161,000MW of pumped storage capacity supports power grid stability, with the International Hydropower Association estimating that total storage is in the region of 9000GWh. A recent working paper has been produced
Renewable energy proponents have been pointing to battery storage for years as the future panacea to address the problem of intermittent power generation. The potential of storage to make renewable energy fully despatchable regardless of whether the sun is shining or wind blowing has for a long time appeared to be just around the corner.
ComEd sees a significant role for energy storage on Illinois’ electric grid as the state works toward realizing its ambitious renewable goals. The utility won’t be the only one with a role to play. As they seek to demonstrate the value of storage, state regulators will consider incentives, and developers will have to continue to
Working with scientists at the Schatz Energy Research Center at nearby Humboldt State University, and the local utility PG&E, the Rancheria Casino has developed its own solar-powered microgrid, allowing it to disconnect from the main grid and run off battery power. The setup powers six buildings, including a 55,000-square-foot casino and 102 hotel rooms—over 140,000