A new report from the Institute for Local Self-Reliance describes some of the implications of the growing solar power and energy storage trend as it relates to the current, centralized utility-based electricity distribution model. Because solar and energy storage can be cost competitive with grid electricity prices in some places, consumers now have an alternative to only using utility-based electricity. Report author John Farrell answered some questions for CleanTechnica.
When it comes to truly transformative energy technologies, energy storage should be on the short list. While it feels like there is never any good news these days, energy storage is shattering records, meeting milestones, and writing its own good-news story.
Because of its many benefits, states, utilities, and even big corporations are increasingly interested in investing in energy storage. Lawmakers are also interested in the opportunities energy storage presents. The U.S. House of Representatives Energy and Commerce committee has announced the latest installment in their “Powering America” hearing series: The Role of Energy Storage in the Nation’s Electricity System for Wednesday July 18. Members of Congress will examine the growth of large-scale energy storage in the United States, the unique reliability attributes energy storage provides for the electric grid, and the use and impacts of energy storage within wholesale electricity markets. Continue here.
In this op-ed for pv magazine, Camron Barati explores the trend towards what increasing state-level renewable power and storage targets mean for the U.S. market. The company projects 73 GW of solar PV systems will be installed in the United States from 2018 to 2022. Read more here.
Camron Barati is a Senior Analyst with IHS Markit Technology. Camron is part of the IHS Markit Technology Solar and Energy Storage Group and responsible for researching solar PV and energy storage markets in North America, covering supply chain trends and downstream market dynamics. He is based in Austin, TX.Prior to joining IHS Markit, Camron worked as an associate with GTM Research as part of their solar analyst team. He also has experience working with the National Renewable Energy Laboratory and Enphase Energy.
Siemens Gamesa Renewable Energy (SGRE) has commissioned a redox flow energy storage system at its hybrid wind and solar La Plana project near Zaragoza, Spain. According to SGRE, hybrid projects of wind energy, solar PV and other energy sources are becoming a more and more attractive option to drive the energy transition to higher shares of renewable energy. Read morehere.
Image: Siemens Gamesa’s La Plana hybrid wind and solar test project near Zaragoza, Spain
A much heralded report shows solar and wind will lower wholesale prices, but it also shows a coming evolution in the pricing profile of the grid. These shifts in timing, shape, regularity and length will drive energy storage demand. Read the entire articlehere.
Solar-Plus-Storage Microgrids Installed in Santa Rita Schools, Renewable Energy Magazine Solar PV plus Sharp SmartStorage® energy storage systems have been installed at six sites within the Santa Rita Union School District in Salinas, California. The systems will provide up to seven hours of power at each school during a grid outage and are expected to offset the school’s energy and demand usage resulting in savings on its utility bills.
Pennington, N.J., Dept. Of Public Works Adopts Solar-Plus-Storage, Solar Industry It is one of four similar projects that are in service as part of PSE&G’s Solar 4 All program, 158 MW DC solar initiative that uses rooftops, parking lots, utility poles and landfills/brownfields for large-scale, grid-connected solar projects.
EnergySage’s Latest Solar Marketplace Intel Report™ Three in four solar shoppers also considering energy storage: In 2017: 74% of solar shoppers who shared their non-solar energy interests with EnergySage stated they were also considering a home battery like the Tesla Powerwall.
Among American adults, 85% support increased reliance on wind power according to new data from the Pew Research Center. That includes 91% of Democrats and those who lean Democratic, and 79% of Republicans and those who lean Republican. Such cross-cutting support for renewables stands in contrast to other forms of energy.
Another recent poll, by the American Conservation Coalition (a college Republican clean energy group) and the Conservative Energy Network, found 79% of millennials “felt that a pro-clean energy candidate cares more about their family’s future.” Likewise, millennials favored wind by a 39 point margin in their survey. Click here to read the entire post.
Iowa-based Ideal Energy is constructing a 1.1 MW power plant at the Maharishi University of Management (MUM) in Fairfield, Iowa, using the NEXTracker NX Flow integrated solar-plus-storage system. The project will be built on University land and, when completed, it is projected to be one of the largest solar-plus-storage power plants in the state, producing enough energy to cover nearly a third of the University’s annual electricity usage. In addition to those savings, NX Flow will use peak-shaving to significantly reduce MUM’s utility bill during high-demand times. Read morehere.
The U.S. Department of Energy (DOE) today announced the progress made by more than 900 public and private-sector organizations that are driving energy efficiency in the U.S. economy through their participation in the Better Buildings Initiative. Moreover, partners across the Better Buildings Initiative are sharing their innovative approaches and successful strategies to accelerate the adoption of energy efficient technologies and practices. The 2018 Better Buildings Progress Reportreleased today highlights this progress in the commercial, industrial, residential and public sectors to improve energy productivity.
SAN FRANCISCO–(BUSINESS WIRE)–Following Wells Fargo’s (NYSE: WFC) $200-billion low-carbon commitment announced last week, its Renewable Energy and Environmental Finance unit today announced the completion of $70 million in tax-equity funding for the Pacific Plains wind projects, including facilities in Indiana, Nebraska, and California. Over the past decade, Wells Fargo has teamed with NextEra Energy on 14 wind projects throughout the U.S. that will collectively generate more than 5 million megawatt-hours (MWh) of clean energy each year. NextEraEnergy, North America’s largest renewable-energy power company, developed and built the Pacific Plains wind projects and also operates and manages the new facilities that supply power to local utilities, including:
120-megawatt (MW) Bluff Point wind facility in Jay and Randolph Counties, Indiana
90-MW Cottonwood wind facility in Webster County, Nebraska
46-MW Golden Hills North wind facility in Livermore, California
Walmart to host solar power on 130 more sites, PV Magazine In an announcement last week related to its “Project Gigaton” to reduce supplier emissions, the retail giant announced that it will install solar on another 130 of its stores. This will bring it to a total of 500 locations across 22 states and Puerto Rico.
With the global solar industry expected to reach 100 GW this year, following nearly 20% year-over-year growth in annual installations in 2017, IHS Markit has identified eight solar and energy storage market trends to watch. “Solar Energy and Storage Trends,” a new white paper from IHS Markit, identifies the following significant trends with the most impact on the global solar market: Clickhereto continue.
RE100 signatories to spur $94 billion investment opportunity, Windpower Engineering
The companies currently committed to the RE100 campaign will need to procure an estimated 172 TWh of additional clean energy generation by 2030 to meet their renewable energy targets. If corporations were to meet this demand through PPAs, it could catalyze 87 GW of new solar and wind build, representing a potential $94 billion investment opportunity
One of ACC’s ten Principles of Conservative Environmentalism: “A conservatism that does not practice restraint, humility, and good stewardship—especially of the natural world—is not fundamentally conservative.” Initiatives include the development of an environmental scorecard of Republicans in Congress.