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Energy Storage

DOE offers $26 million to demonstrate that grid can run on clean energy

The Demonstration Program intends to fund up to 10 projects that show how large-scale solar, wind, and energy storage can support the power grid by automatically adjusting to changing demand and disruptions.

1

World’s largest underground hydrogen storage project

Mitsubishi Power Americas and Magnum Development are set to begin construction on a 300 GWh underground storage facility in Utah. It will consist of two caverns with capacities of 150 GWh, to store hydrogen generated by an adjacent 840 MW hydrogen-capable gas turbine combined cycle power plant.

2

Sunrise brief: Battery storage operation under net billing provides virtually no grid value, says Berkeley Lab study

Also on the rise: US added 15 GW generating capacity, 4.2 GW solar in first half 2022. Pairing agrivoltaics and pollinator habitat with community solar in New York. And more.

Community solar market forecast to grow 7 GW by 2027

State-level policy has fueled the growth, and pending legislation for community solar programs in five states could add another 1.2 GW, according to Wood Mackenzie

Battery storage operation under net billing provides “virtually no grid value”: Berkeley Lab study

Net billing for rooftop solar, which incentivizes the use of battery storage to maximize solar self-consumption, is inefficient, researchers found, whereas incentivizing battery owners to discharge power during peak hours would provide greater value.

22

Sunrise brief: Bloomberg analyst forecasts a 30% increase in global PV deployment this year, and double-digit growth through 2025.

Also on the rise: US 2021 solar panel shipments total $9.8 billion at $0.34/W. Nearly all smart inverter manufacturers will be delivering smart inverters within a year. And more.

Nearly all smart inverter manufacturers will be delivering smart inverters within a year

As several states will soon require smart inverters for new distributed resources, and more are considering such a requirement, nearly all manufacturers will be delivering smart inverters that meet a new industry standard by August 2023, finds an analysis by the Interstate Renewable Energy Council.

Sunrise brief: Inflation reduction act supports Made in the USA solar supply chain

Also on the rise: Massachusetts climate bill removes anti-competitive electric choice provision. Carolina utility chasing waterfalls, costing consumers billions. And more.

93% of utility-scale batteries that came online in 2021 were paired with solar power generation

EIA Annual Electric Generator Report finds that the greatest change in battery use is for price arbitrage.

Sunrise brief: Solar investment tax credit to be extended 10 years at 30%, per Inflation Reduction Act

Also on the rise: As Texans are asked to cut energy use amidst a heat wave, solar and batteries step up. Intersect Power places order for 2.4 GW of First Solar modules. And more.

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