The billion-dollar battery boom
Corporations are buying up batteries and investing in their companies like it’s going out of style.
The bones of Skeleton Creek are coming together
NextEra has announced a power purchase agreement with Western Farmers Electric Cooperative for a combined 250 MW wind farm, 250 MWac solar farm, and 200 MW / 800 MWh of energy storage in Oklahoma.
Solar + batteries help the grid recover in Kaua’i
After experiencing cascading outages across its conventional fleet and cloudy weather impairing its solar output, the island is back on-line and solar and batteries are helping to meet demand while its largest power plant is being repaired.
NextEra reaches record development in Q2
The power company’s project backlog has never been bigger and this is just one piece in an expectedly strong finish to the first half of the year.
North Carolina utilities approve 551 MW of solar power at 3.8¢/kWh
Duke Energy has completed a solicitation for 551 MWac of solar power through its CPRE program, with average pricing between 3.79¢/kWh and 3.83¢/kWh and 20 year power contracts.
Hawaii sets draft rules for wind+solar+storage procurement
Hawaiian Electric Companies has released its draft request for proposals to procure just over 2 terawatt-hours of renewable electricity, and just over 200 MW of capacity services, between the summer of 2022 and the end of 2025.
Cryogenic energy storage firm teams with Tenaska to develop U.S. projects
England’s Highview Power has contracted with U.S. energy developer Tenaska to pursue gigawatt-hour scale cryogenic energy projects in the U.S. Highview reports a storage cost of $140/MWh at industrial scale; the firm currently operates a 5 MW pilot facility in England.
Fifteen days to get paid for your home energy storage in Rhode Island and Massachusetts
National Grid’s ConnectedSolutions program seeks to pay energy storage owners up to $400-kW during high grid demand events in Rhode Island, and $225 in Massachusetts.
Sunrun gets a second contract to supply capacity from rooftop solar + batteries
A California Community Choice Aggregator has awarded Sunrun a contract to supply capacity from solar + storage on low-income housing. This follows on a similar deal in New England.
PJM’s proposed 10-hour storage minimum debunked
Four-hour storage can provide up to 4,000 MW of capacity in the PJM grid region, providing reliability value equal to that of conventional generators.
