US energy storage BOS costs to fall 41% by 2020 The company expects significant balance of systems cost reductions for energy storage systems, and for this to help drive increased deployment. While the physical hardware of batteries, flywheels and compressed air systems is often the single largest cost when it comes to deploying energy storage, … Continue reading US energy storage #BOS costs to fall 41% by 2020
FERC denies permit for 1,000 MW pumped storage project in Kentucky FERC said that during the three year time span that Maysville Pumped Storage held the intitial permit, the company didn’t file a Notice of Intent or Pre-Application Document to start the prefiling consultation or study development necessary to prepare a license application. The company … Continue reading FERC denies permit for 1,000 MW #pumped_storage project in #Kentucky
Energy Storage Costs Expected to Slide 41% by 2020, GTM Says The cost of installing energy-storage systems is expected to decline 41 percent over the next five years as key components get cheaper, according to a report by GTM Research. Balance-of-system costs, including hardware, labor and customer acquisition, will fall below $400 a kilowatt by … Continue reading Energy Storage Costs Expected to Slide 41% by 2020, GTM Says
Industrial battery maker UniEnergy pulls in $25M from investors Energy-storage startup UniEnergy Technologies said it has raised $25 million in funding to continue producing a huge, liquid battery meant to help utilities and large industrials companies make energy last longer. The Mukilteo company said last week the investment comes from Tokyo investment firm Orix and … Continue reading Industrial battery maker UniEnergy pulls in $25M from investors
From Keystone to Paris: Top 10 energy stories of 2015 A lot can change in a year. When 2015 got underway, the U.S. solar industry thought the sky was falling. Debating the Keystone XL oil sands pipeline was all the rage. California’s clean energy mandate was just 33 percent, and affordable home batteries were a … Continue reading From Keystone to Paris: Top 10 energy stories of 2015
AES Reveals Another Energy Storage Alternative To Peaking Power Plants Energy storage leader AES recently revealed its new energy storage platform for commercial deployments. AES installed one of its systems in Maryland, and it is the largest grid-scale battery in that state. Brian Perusse, VP of International Market Development for AES, answered some questions about … Continue reading #AES Reveals Another Energy Storage Alternative To #Peaking_Power Plants
7 Energy Storage Stories You Might Have Missed in 2015 It’s been a breakout year for energy storage. The U.S. energy storage market grew 185 percent, from $134 million in 2014 to $381 million in 2015. By 2020, it will be a $2 billion market, according to GTM Research. The growth in numbers has come … Continue reading 7 Energy Storage Stories You Might Have Missed in 2015
Energy Storage Means Never Having To Say You’re Sorry, Says Greensmith We’ve been hearing big news from the US energy storage company Greensmith all year, and now there is more big news to report. Last week, Greensmith announced that the UK-based global energy company E.ON has joined in its latest round of financing, bringing the … Continue reading Energy Storage Means Never Having To Say You’re Sorry, Says Greensmith
New flow battery offers lower-cost energy storage RICHLAND, Wash. – Energy storage system owners could see significant savings from a new flow battery technology that is projected to cost 60 percent less than today’s standard flow batteries. The organic aqueous flow battery, described in a paper published in the journal Advanced Energy Materials, is expected … Continue reading New #flow_battery offers lower-cost energy storage
5 Energy Storage Trends to Watch in 2016 Looking back at 2015, it has been an exciting year for energy storage and for the renewable energy industry as a whole. We saw ever-increasing rates of rooftop PV installations, along with other renewable sources, and a concurrent increase in the installation of cutting-edge battery storage and … Continue reading 5 Energy Storage Trends to Watch in 2016
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