Given the increasing concerns about global warming and environmental impacts of burning fossil fuels, policymakers pay more attention to energy storage solutions than ever before. Apart from having the ability to address the intermittent supply of renewable energy, energy storage assets can also offer a multitude of uses consisting of frequency regulation and ancillary service
FRANKFURT -- Elon Musk appears to be opening a new front in the European battle for electric-car supremacy: providing power for EVs. Musk's Tesla has recently acquired a license that will enable the automaker to trade electricity across western Europe and the company has also been surveying customers in Germany about potentially using Tesla electricity
The sad reality is that the blackouts rolling across California this week were both predictable and avoidable. The silver lining is that future blackouts across California are avoidable – if we invest in large-scale energy storage projects to provide on-demand power. Energy analysts have warned for years that California’s embrace of renewable energy sources –
We are living in an era of big batteries, and they are getting bigger. Isn’t there a song about this: I like big batteries and cannot lie. You other utilities can’t deny, that when lightning takes out the power with a roaring CRASH but big batteries flip it back ON. In California, there’s a plan
The global energy storage systems market size surpassed $340 billion in 2018 and is set to achieve over 6% CAGR up to 2025, according to a report released by Global Market Insights. Increasing demand for continuous electricity supply along with growing focus toward renewable energy power generation will drive the global energy storage systems industry
As the threat of blackouts continues to plague California, officials are pointing to battery storage as a key to preventing future power shortfalls. But the Golden State is going to need a lot more batteries to weather the next climate-driven crisis—let alone to achieve its goal of a carbon-free grid. It won’t be cheap,
“Solar-charged batteries” can help solve California’s energy shortage, with energy storage already playing a small but active role in mitigating the struggle to meet peak energy demand, according to the leadership of two trade associations based in the US state. “Some headlines and quotes from experts erroneously lay blame for the blackouts on solar energy,”
LOS ANGELES — With fires raging throughout California, thousands of people have experienced power outages. That’s a trend that’s likely to continue, as the state’s power grid managers warn of rolling blackouts resulting from record-breaking heat this week and as climate change increases year-round fire risk. The usual go-to for backup power is a gas-
As part of our Mission Possible campaign, edie brings you this weekly round-up of five of the best sustainability success stories of the week from across the globe. Published every week, this series charts how businesses and sustainability professionals are working to achieve their 'Mission Possible' across the campaign's five key pillars - energy, resources,
As renewables penetration increases, transmission and distribution (T&D) infrastructure will require significant reinforcement. Battery storage is becoming a key alternative to traditional ways of reinforcing network infrastructure, because it is fast to deploy, can provide multiple services, and often comes at a lower capital cost. IHS Markit analyst Oliver Forsyth delves into the additional value