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Siemens is developing a thermal energy storage system for renewable energy integration that could deliver some of the cheapest solution in the high-power, high-capacity and long-duration energy storage range.
Energy Storage
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Battery inverter prices set to drop as new suppliers enter market
Jun 23, 2015
Inverter manufacturers are adapting their product lines to meet emerging demand for energy storage in the US market.
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German firms turn batteries into power plants to aid grid control
Jun 23, 2015
A number of German companies are aggregating distributed energy storage assets through platforms that provide grid services to the renewables-rich country.
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Developers eye growing YieldCo finance market
May 27, 2015
Many energy storage developers are investigating novel financing routes such as YieldCos to raise investment in the non-traditional generation asset.
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Vermont utility bills end-users for storage using Tesla battery
May 27, 2015
Vermont-based Green Mountain Power’s eagerness to embrace Tesla’s Powerwall groundbreaking recyclable battery for home and business puts the utility among a small but growing group of energy providers that see energy storage as an opportunity rather than a threat and are devising new business models and strategies to support it.
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Arizona’s Tucson Electric seeks best 10-year price for 10 MW storage system
May 27, 2015
Tucson Electric Power (TEP) will apply a lowest-cost, best-fit approach to evaluate the bids for the design and construction of a 10 MW utility-scale energy storage system that the company plans to deploy by mid- to late 2016, TEP told Energy Storage Update.
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Research study reveals risk for early-stage energy storage technologies in US
May 1, 2015
US power companies are shunning innovative technologies and early-stage developers in favour of tried-and-tested equipment from major suppliers.
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SunEdison tests new business model for solar-plus storage
Apr 20, 2015
SunEdison's acquisition of Solar Grid Storage in March 2015 made the American solar giant the world’s first renewable energy company to offer solar, wind and energy storage services across the value chain.
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PJM leads the US fast-frequency regulation market
Apr 20, 2015
Two thirds of the 62 MW of storage deployed in the US in 2014 was located in PJM territory, but where prices will settle and what other opportunities will arise for energy storage in the US fast-frequency regulation market remains unclear.
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SCE to replicate its LCR RFO contracting in the current energy storage bid round
Apr 20, 2015
Southern California Edison (SCE) is in the middle of the first round of solicitations to procure 580 MW of primarily non-pumped hydro energy storage in California by decade’s end. Final offers for the current RFO round are due on August 10.
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US energy storage installations jump 40% in 2014 as Lithium-ion still dominates
Apr 20, 2015
In 2014, 180 individual energy storage installations for a total market size of $128 million were completed in the US. This year is expected to be the biggest in the market’s history.
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