Under a new, $220 million U.S. Department of Energy grid-modernization program, Los Alamos National Laboratory scientists will collaborate with other laboratories, academia, and state and local agencies on critical research and development in a number of key areas, such as advanced electrical storage systems and integrating clean energy into the grid. Up to $35.25 million…
The Ohio State U plans energy research hub, seeks energy-storage expert
The Ohio State University (OSU) is “beefing up” its environment and energy programs as it works toward creating an interdisciplinary research hub in Columbus, according to a recent Columbus Business First article.
SunEdison to provide Ontario with large-scale, flow-battery storage system
Global renewable energy development company, SunEdison, signed a 10-year agreement with Ontario’s Independent Electricity System Operator (IESO) this past December to supply 5 MW (or 20-MWh) of battery storage to the province. The Ontario IESO works at the heart of Ontario’s power system, and is responsible for making sure everyone in the province gets the electricity they need,…
E.ON invests in Greensmith to conclude $18.3 million Series C growth round
Greensmith, one of the largest providers of energy storage software and integration services, announced that European utility E.ON has invested in its Series C round of growth financing. The additional investment brings Greensmith’s total Series C round to $18.3 million, including a previous $5 million strategic investment from American Electric Power. Greensmith plans to use…
LG Chem and GS E&R team up to build “world’s largest” energy storage project for Korean wind farm
Lithium-ion battery maker LG Chem Ltd announced a deal to build what’s described as the world’s largest wind energy storage project in South Korea. Under the agreement with local power producer GS E&R, a 50-MWh storage system will be installed at a wind farm in Yeongyang, North Gyeongsang province. Once complete, the new energy storage facility…
Battery energy storage reaches highest levels in 2015
This article, from law firm Bricker & Eckler, is authored by Dylan Borchers. According to a recent report released by GTM Research and the Energy Storage Association, 2015 is shaping up to be the biggest year yet in the energy storage sector, with a projected deployment of 220 MW. This amount is expected to more than double…
2015 Cleantech Energy Storage Finance Forum: Immediate & long term prospects for storage technology
This article comes from law firm Mintz Levin Cohn Ferris Glovsky and Popeo PC and is authored by Thomas R Burton III. The Northeast Electrochemical Energy Storage Cluster and North Shore InnoVentures recently co-hosted the 2015 Clean Energy Storage Finance Forum at the Massachusetts Clean Energy Center (MassCEC). The event kicked off with storage company pitches moderated by Tom Kinneman, Vice…
Analyzing the value of energy storage
By 2019, GTM Research expects the energy storage market in the United States to add 861 MW to the grid annually and be valued at $1.5 billion. That’s about 11 times its size in 2014. This year alone, the country is expected to deploy 220 MWs, which is more than three times its 2014 total.…
A few ideas for an improved 21st century grid
By Jochen Kreusel Head of Smart Grids, Global | ABB, Inc. A couple decades ago, wind power slowly began to make its way into the mainstream electric power-supply system. At the time, it was assumed this source of renewable energy could easily connect to the existing grid without fundamental changes. As wind power has grown…
Electricity Storage Technologies, impacts, and prospects: Deloitte Center for Energy Solutions
This executive summary comes from the report Electricity Storage Technologies, impacts, and prospects, authored by Deloitte Center for Energy Solutions The electricity system in the US may be on the cusp of a period of more rapid change than at any time in the past 25 years or more. The rising role of renewable generation,…
Greensmith releases energy storage GEMS5
Greensmith, a provider of grid-scale energy storage software and integration services, recently announced the release of GEMS5 — the fifth generation of its energy storage software platform. First launched in 2008, the newest version of the GEMS platform includes enhanced features that enable utilities, independent power producers, microgrid operators, and commercial and industrial facility owners…
The emerging microgrid market
If you’re looking to invest in the energy market, you might want to consider the growing microgrid industry. At least that’s what Tesla Motors is doing. The maker of the sleek Model S electric car aspires to become a major player in the business of microgrids, and for good reason. Recent analysis from Frost &…
Evaluating energy storage systems with an audit
Greensmith, a provider of grid-scale energy storage software and integration solutions, recently released a new audit service for energy storage that helps system developers evaluate the design of their storage system and improve performance. In this WindTalk podcast, Greensmith CEO John Jung discusses wind power and energy storage, and how an auditing service can help…
Corrosive-inhibiting shrink wrap keeps assets protected during shipping and storage
Dr. Shrink’s specialty Volatile Corrosion Inhibiting (VCI) shrink wrap helps keep metal industrial equipment and machinery protected from rust and corrosion. The international shrink-wrap supplier is stocking VCI in a new size and color (32′ x 100′ 8-mil in gray). Similar to Dr. Shrink’s other premium shrink wrap, it’s constructed from 100% virgin resin and…
Nation’s first power-to-gas project explores solution for storing excess renewable energy
Southern California Gas Company (SoCalGas) has joined with the Energy Department’s National Renewable Energy Laboratory (NREL) and the National Fuel Cell Research Center (NFCRC) to launch demonstration projects to create and test a carbon-free, power-to-gas system for the first time ever in the United States. The technology converts electricity into gaseous energy and could provide North…
NEC Energy Solutions introduces next-generation grid energy storage technology
NEC Energy Solutions, a subsidiary of NEC Corporation, introduced its next-generation SLD technology. It is the latest addition to the energy storage technologies available on the GSS grid energy storage platform. The SLD energy storage technology will utilize lithium-ion cells based on NEC’s lithium manganese oxide chemistry. The SLD technology, offered as complete turnkey systems…
Duke Energy, LG Chem and Greensmith team up to build a fast-response energy storage system in Ohio
Duke Energy, LG Chem and Greensmith will team up to build a battery-based energy storage system in Ohio, designed to enhance reliability and increase stability on the electric power grid. Duke Energy, the nation’s largest electric utility, currently owns nearly 15 percent of the grid-connected, battery-based energy storage capacity in the U.S., according to independent research…
NEC and Amergin Energy partner to deploy 60 MW of grid energy storage by 2016
NEC Energy Solutions and Amergin Energy LLC announced an agreement to deploy at least a 60-megawatt (MW) network of NEC Energy’s integrated battery storage systems for Amergin’s late stage developments for grid‐scale energy storage within PJM Interconnection. This network is expected to commence construction in 2015 and be fully operational by mid‐2016. The 60-MW network…
Vaisala’s Nomad 3 allows worry-free wind-tower data management
Vaisala has launched the Nomad 3 Data Logger, a flexible and highly portable data management device that makes wind measurement easier and more economical for developers and operators around the globe. Early siting and ongoing investment and operational decisions, based largely on the quality of wind resource data, have a direct impact on the long-term…
Sumitomo invests in battery energy storage project to help balance Northeastern U.S. grid
Sumitomo Corporation, together with Sumitomo Corporation of Americas (collectively “Sumitomo Corporation Group”), announced their investment in an innovative battery power storage system that will provide a reliable and stable supply-demand balancing service for the frequency regulation market operated by PJM, the largest regional transmission organization of wholesale electricity in the U.S. Sumitomo acquired an interest…