North America represents 21% of global energy storage market by 2030
The global energy storage market is growing at a strong 23% compound annual growth rate, with annual additions projected to reach 88 GW/278 GWh in 2030, or 5.3 times the expected 2022 level for new installations, according to BloombergNEF’s 1H 23 energy storage outlook.
1700 GW of solar, wind and storage await interconnection, up 28% in a year
Just 86 GW of fossil capacity awaits interconnection.
Meta picks utilities based on solar potential at data centers
Meta has revealed that its renewable energy deployments are growing by 30% each year. Meta has already deployed 3.56 GW of solar capacity, and has over 9 GW in its long-term development pipeline.
Energy Warehouse component achieves UL Safety certification
UL 1973 is an industry standard recognition for stationary energy storage systems, which confirms the module’s quality, resilience and ability to operate safely and effectively in a variety of conditions. The S200 modules power ESS systems the Energy Warehouse and Energy Center product lines.
Entergy Louisiana seeks approval for 3 GW of solar
The request recently filed with the Louisiana Public Service Commission to add an additional 3 GW of solar power to its generation portfolio is on top of the nearly 225 MW requested earlier in the month.
Minimizing EV impact on the grid
MIT researchers have found that strategic placement of EV charging stations and initiating charging at delayed times can mitigate or eliminate daily EV charging demand and solar over-capacity.
Potential savings from new electric transmission reached decade peak in 2022
High electricity prices and severe weather helped drive record transmission values across many regions in 2022 offering potential savings, said Lawrence Berkeley National Laboratory.
Sunrise brief: Volatile electricity markets should give solar financial modelers pause
Also on the rise: Silfab Solar raises $125 million for U.S. cell and module manufacturing. Tariff investigation, equipment detainments lead to 16% drop in new solar capacity in 2022. And more.
PJM projects 48 to 94 GW of renewables will be built in the grid region by 2030
The grid operator’s projected 5% “completion rate” for projects in its interconnection queue was questioned by executives at the renewables trade group ACORE and the consultancy GridLab.
U.S. needs 47,000 more GW-miles of transmission by 2035 for a cleaner grid
The U.S. Department of Energy said it may designate “National Interest Electric Transmission Corridors” based partly on the final results from its national transmission needs study.
