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Hawaii Aims for 100% Renewable Energy, Other States Watching
How to incorporate solar and wind while keeping the electricity grid stable is a key question. Read the entire article at Scientific American. When it comes to generating renewable electricity, Hawaii is leading other states in almost every category. It gets 33 percent of its electricity from rooftop solar and has 60 utility-scale renewable energy […]
Energy Storage is Economically Attractive for Commercial Sector
While energy storage is generally cost-prohibitive for the residential sector, it can be economically attractive for the commercial sector because it is subject to a different billing structure. Read the entire article at GreenBiz. A study published by the National Renewable Energy Laboratory (NREL) in partnership with Clean Energy Group (CEG) found that […]
Mexico’s Energy Storage Market is Open for Business
Read the entire article at GreenTech Media. Mexico doesn’t have any grid storage – but that won’t be the case for long. A recent market reform has set the stage for private grid investment. The government wants storage to be a part of it. After decades with a state-owned monopoly utility, Mexico deregulated its […]
McKinsey: Cheaper Batteries Pose Imminent Threat to Utilities
Read the entire article at UtilityDive. Continued energy storage cost declines present a growing threat of disruption for utility business models, a new study from McKinsey & Co. finds. Continued cost declines are moving energy storage from niche applications, such as grid balancing, to broader uses such as replacing conventional power generators for reliability, providing power-quality […]
Germany Converts Coal Mine Into Giant Battery Storage for Surplus Solar and Wind Power
Germany is embarking on an innovative project to turn a hard coal mine into a giant battery that can store surplus solar and wind energy and release it when supplies are lean. The Prosper-Haniel coal mine in the German state of North-Rhine Westphalia will be converted into a 200 megawatt pumped-storage hydroelectric reservoir that acts […]
The New Economics of Energy Storage
Energy storage is a favorite technology of the future – for good reasons. Many people see affordable storage as the missing link between intermittent renewable power, such as solar and wind, and 24/7 reliability. Utilities are intrigued by the potential for storage to meet other needs such as relieving congestion and smoothing out the variations in […]
