This op-ed by Eversheds Sutherland looks at some of the financial drivers and supporting policies that underlie the rapid development of the U.S. energy storage market.
The small Missouri utility has proposed massive solar and wind development under its new integrated resource plan, with a focus on distributed solar.
BNEF has published its latest Energy Storage Outlook report and says large scale deployment will provide the majority of the 1,095 GW/2,850 GWh of battery storage worldwide in 2040, with prices driven down further by grid services demand and EVs.
CALSSA says that a pending vote by the Contractors State License Board which could restrict most solar contractors from installing batteries could have “catastrophic” impacts on the state’s energy storage market.
The Palo Alto company says it has improved its large scale battery offering with the new product in the wake of the success of its Powerpack-driven big battery in Australia. The Megapack can be deployed at a 250 MW/1 GWh clean energy plant four times faster than a fossil fuel alternative, claimed the business in a blogpost.
For the second time in a month a fossil fuel-fired power plant in California is set to be replaced by a battery powered by a solar, including distributed solar. A small portion of the former plant will be retained.
Corporations are buying up batteries and investing in their companies like it’s going out of style.
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.
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.
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.
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