Also on the rise: Michigan utility settlement revises resource plan to add 3.8 GW of renewables. Secretary Yellen’s China mission underscores economic diplomacy, domestic climate policy nexus . And more.
Minnesota’s public utilities commission approves Form Energy’s 10 MW/1 GWh iron-air long-duration energy storage facility construction project for Xcel Energy.
Also on the rise: The energy transition is off-track, says IRENA. Solar group petitions to suspend Dominion Energy interconnection rules. And more.
The U.S. grid could require 225 GW to 460 GW of LDES capacity resources for a net-zero economy by 2050, representing $330 billion in capital requirements.
Georgia Power has more than 850 MW of active energy storage projects under development or in operation across its service territory.
Also on the rise: Solar power crosses the political aisle–$75 million for agrivoltaics research. Orsted to recycle all the solar modules in its U.S. portfolio. And more.
A study by the Cleantech Group highlights the rise to $1.8 billion in investment in the technology. The U.S. Department of Energy envisions this growing to as much as $9 billion by 2030.
The U.S. DOE has published a report outlining the requirements for LDES to achieve technical and financial self-sustainability by the end of decade. An estimated $6 billion to $9 billion dollars in capital investment would be necessary, potentially leading to 6 GW to 10 GW of project deployments.
Long-duration energy storage technology from Energy Warehouse will power California wineries with clean, reliable energy and support resilient winery operations.
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.
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