New York regulator approves 110MW BESS as state stands poised for major battery storage rollout
While that is among the US'' most ambitious policy targets, regular readers of Energy-Storage.news will be aware that progress to date has been slow. In a feature article for our quarterly journal PV Tech Power (Vol.34) published earlier this year, we heard how due to its policies, New York is often ranked among the leading state
First US project for European long-duration organic flow battery maker CMBlu
CMBlu Energy, the designer and maker of a proprietary organic flow battery, has won its first deal in the US since the company''s expansion into the market. Utility holding company WEC Energy Group said yesterday that it will deploy the European startup''s technology in a megawatt-scale pilot project, aimed at demonstrating its long
Policy interpretation: Guidance comprehensively
In the ''Guidance on New Energy Storage'', energy storage on the power side emphasizes the layout of system-friendly new energy power station projects, the planning and construction of large-scale clean
Plus Power closes financing on 300MWh BESS project with ISO New England capacity contract
Energy-Storage.news has contacted Eolian for a status update on the Medway Grid project and will update this story accordingly when a response is received. Plus Power said that its Cross Town Energy Storage project began construction in April 2024, while Cranberry Point began construction in December 2023.
Poland adapts energy policy to ''give green light to development of energy storage''
The comprehensive regulations "open up the possibility of using energy storage facilities in various areas of the power system," Barbara Adamska, president of the Polish Energy Storage Association told Energy
Analysis of new energy storage policies and business models in
The development of energy storage technologies is still in its early stages, and a series of policies have been formulated in China and abroad to support energy storage development. Compared to China, developed countries such as Europe, the United States, and Australia have more mature policies and business models related to energy storage.
Japan: First dedicated BESS investment fund launches
Gore Street, which launched Gore Street Energy Storage Fund back in 2018, announced this morning (4 December) that it has been selected along with Japanese conglomerate Itochu to look after the new fund. The nascent grid-scale energy storage market in Japan now has its first-ever dedicated investment fund, to be jointly managed
Energy storage
Electric vehicle smart charging can support the energy transition, but various vehicle models face technical problems with paused charging. Here, authors show that this issue occurs in 1/3 of the
''Biggest energy policy change'': 32GW CfDs could put Australia on track for 2030 climate targets
The New York Public Service Commission (PSC) has approved plans to guide the state to its 2030 energy storage policy target, including solicitations for large-scale battery storage. Most Popular Rhode Island adopts 600MW energy storage target, USDA funds 92MWh Alaska BESS
Newsletter
The Energy Storage Report 2024 Now available to download, covering deployments, technology, policy and finance in the energy storage market Download for Free Newsletter Receive the latest industry news, insights and analysis regularly by subscribing to our
Our top takeaways from Energy Storage Summit 2021: Technology, policy, regulation, finance and more
The editorial team brings you the top takeaways from this year''s Summit, spanning everything from finance and the growing appetite for investment in the market today, to the technologies and policies that could help the UK and other nations to meet urgent deadlines for decarbonisation.
Over 1.8GW of energy storage clears in ISO New England''s latest Forward Capacity Auction
Plus Power, developer of the Sierra Estrella Energy Storage project in Arizona (pictured recently under construction) was among the winners of the ISO''s 18th FCA. Image: Plus Power Results of the 18 th Forward Capacity Auction (FCA) held by ISO New England have been filed, with energy storage''s participation having soared in
Ireland launches consultation on energy storage policy framework
December 1, 2022. A 50MW short-duration battery storage project in County Meath, Ireland. Image: Iberdrola. The Irish government has launched a consultation to help direct the development of a policy framework for energy storage. As the renewable energy generation market continues to grow in Ireland there is an increasing urgency to develop
Industry Updates Archive
Sineng Electric powers 100MW/200MWh energy storage project in China. June 3, 2024. By Sineng Electric. Sineng Electric has announced the successful commissioning of a 100MW/200MWh energy storage project in China''s Shandong province, delivering significant economic, environmental and social benefits to the region.
The Future of Energy Storage | MIT Energy Initiative
MITEI''s three-year Future of Energy Storage study explored the role that energy storage can play in fighting climate change and in the global adoption of clean energy grids. Replacing fossil fuel-based power generation with power generation from wind and solar resources is a key strategy for decarbonizing electricity.
China Focus: New energy-storage industry booms amid China''s
The move coincided with rapid growth of China''s new energy-storage industry, which is backed by the country''s commitment to developing the green economy and renewable energy. As China strives to achieve its dual carbon goals, the country is vigorously developing a green economy, with renewable energy as one of the engines,
China''s new energy storage reaches new heights
2 · The installed capacity of new energy storage projects that were put into operation during the first half of this year in China has reached 8.63 million kilowatts,
Philippines'' rule changes ''will propel ASEAN''s leading energy storage market to even stronger position''
Energy-Storage.news'' publisher Solar Media will host the 1st Energy Storage Summit Asia, 11-12 July 2023 in Singapore. The event will help give clarity on this nascent, yet quickly growing market, bringing together a community of credible independent generators, policymakers, banks, funds, off-takers and technology providers.
New York''s state government backs long-duration energy storage projects
US$16.6 million funding has been committed for five long-duration energy storage (LDES) projects in New York by the US state''s government. Governor Kathy Hochul announced the awards yesterday at an energy tech conference in New York City. At the same time, Hochul revealed that a further US$17 million will be available through a
Philippines reveals draft energy storage market policy
January 30, 2023. The Philippines'' first large-scale solar-plus-storage hybrid (pictured), was commissioned in early 2022. Image: ACEN. The Philippines Department of Energy (DOE) has outlined new draft market
The Future of Energy Storage | MIT Energy Initiative
Video. MITEI''s three-year Future of Energy Storage study explored the role that energy storage can play in fighting climate change and in the global adoption of clean energy grids. Replacing fossil fuel-based power generation with power generation from wind and solar resources is a key strategy for decarbonizing electricity.
Large-scale electricity storage | Royal Society
Electricity can be stored in a variety of ways, including in batteries, by compressing air, by making hydrogen using electrolysers, or as heat. Storing hydrogen in solution-mined salt caverns will be the best way to meet the long-term storage need as it has the lowest cost per unit of energy storage capacity. Great Britain has ample geological
Energy storage important to creating affordable, reliable, deeply
"The Future of Energy Storage," a new multidisciplinary report from the MIT Energy Initiative (MITEI), urges government investment in sophisticated
New York climate plan has ''major role'' for energy storage across different sectors
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 leaders focusing on accelerating the market for energy storage across the country.
Energy Storage | Department of Energy
Energy Storage. The Office of Electricity''s (OE) Energy Storage Division accelerates bi-directional electrical energy storage technologies as a key component of the future-ready grid. The Division supports applied materials development to identify safe, low-cost, and earth-abundant elements that enable cost-effective long-duration storage.
Energy Storage Policy and Regulation
Clean Energy Group works with a diverse array of stakeholders across the country to develop coordinated state, regional and federal policies, programs, and regulations that will unlock the potential of energy storage and deliver benefits to every participant on the electric grid, from grid operators and utilities, to communities and individuals.
New Energy Storage Technologies Empower Energy Transition
Based on a brief analysis of the global and Chinese energy storage markets in terms of size and future development, the publication delves into the relevant
Resources Archive
February 20, 2024. The Energy Storage Report is now available to download. In it, you''ll find the best of our content from Energy-Storage.news Premium and PV Tech Power, as well as new articles covering deployments, technology, policy and finance in the energy storage market. You can read contributed pieces and interviews
New Energy Storage Technologies Empower Energy Transition
31 May 2023. Based on a brief analysis of the global and Chinese energy storage markets in terms of size and future development, the publication delves into the relevant business models and cases of new energy storage technologies (including electrochemical) for generators, grids and consumers. It also takes a closer look at the steps taken by
News Archives
New York regulator signs off state roadmap to achieve 6GW energy storage target by 2030. June 24, 2024. The New York Public Service Commission (PSC) has approved plans to guide the state to its 2030 energy storage policy target, including solicitations for large-scale battery storage.
New York proposes grid-scale energy storage tenders in roadmap to meet 6GW target by 2030
Those goals were set as part of New York State''s Climate Leadership and Community Protection Act legislation. As reported by Energy-Storage.news on 22 December, the New York Climate Action Council produced a Scoping Plan to outline how the Act''s policy targets, building up to a zero-emissions electricity sector by 2040, could
Unlock potential of energy storage alongside renewables, Canadian regulators and legislators urged
A new document outlines how Canada can reach net zero emissions by 2050, but only if the regulatory and policy landscape is radically altered to enable the massive buildout of wind, solar and energy storage.
Barbados'' new energy storage policy eyes billions of investment
As Energy-Storage.news reported earlier this year, Barbados is targeting 100% renewable energy use and carbon neutrality by 2030. In April, the Inter-American Development Bank issued a request for expressions of interest (IOE), on behalf of the country, for consulting services to help develop a competitive procurement framework for
Industry Insights — China Energy Storage Alliance
The Qinghai energy storage subsidy policy will provide some alleviation to the cost challenge of deploying storage with renewables. Li Zhen, deputy secretary
