NextEra’s secret recipe for energy storage: Planning

Sponsored Content by Siemens, Utility Dive

NextEra Energy, North America’s leading wind and solar generator, is adopting an aggressive approach on the falling cost of energy storage by evaluating the addition of batteries to its existing solar facilities. A small but growing number of utilities across the United States are taking a similar approach to NextEra and adding storage at existing solar plants. In doing so, they can claim the Investment Tax Credit (ITC), tap additional revenue streams, and maximize the existing grid infrastructure. Read more here.

Pixabay Photo

Upcoming webinar hosted by Utility Dive, NextEra Energy, and Siemens Digital Grid:
Energy Storage – Moving the Needle, April 9, 2020 at 12 pm.

WOOD MACKENZIE RESEARCH

Analyst expects recovery for PV and storage supply chains, PV Magazine
Business intelligence firm Wood Mackenzie says the COVID-19 outbreak will jeopardize solar project completion in the short term, affect supply chains to various degrees and potentially erode demand for PV. However, “Asian-dominant supply chains for solar and energy storage are in the process of rebounding after contractions in February,” the analyst stated, adding: “Near-term development activity and local logistics in leading European and North American markets are expected to outweigh lingering supply issues.”

NAVIGANT GLOBAL MARKET REPORT 

A Boom Is Coming for All-Electric Homes Despite Lagging Consumer Awareness, Greentech Media
“Electrification technologies are rapidly becoming more cost-effective and more reliable than fossil fuel systems in a variety of planning scenarios and climatic conditions,” Daniel Talero and Neil Strother, research analysts at Navigant Research, wrote in a new report on the global market for “fully electrified home” technologies.

NEW DEPARTMENT OF ENERGY ANNOUNCEMENT

New Solar Energy Innovation Network Teams Announced, DOE’s Office of Energy Efficiency & Renewable Energy News Release

[On March 23rd] the U.S. Department of Energy selected eight teams to participate in the second round of the Solar Energy Innovation Network (SEIN), a program that supports multi-stakeholder teams pursuing new applications of solar energy and other distributed energy resources in unique locations and contexts. The solutions developed by the teams are demonstrated and validated in real-world contexts, making them ready for replication and scale. 

The second round of teams will research innovations to help increase solar energy adoption and resilience in rural communities and at the commercial scale. Their research projects will include resilience solutions that pair solar energy with energy storage, which allows the use of solar energy when the sun is not shining, and microgrids, which can function independently to deliver power in the event of a larger grid outage.

Previously Posted DOE News Release: Department of Energy Announces $125.5 Million in New Funding for Solar Technologies

EXAMPLES OF ON-THE-JOB SOLAR TRAINING

How to get a job building utility-scale solar, PV Magazine
As more utility-scale solar installations are announced in more states, solar contractors are hiring people who are new to the industry, and offering on-the-job training and long-term employment.

FLOATING WIND PROJECTS

Total Becomes Latest Oil Major to Enter Floating Wind Market, Greentech Media
Building on its solar momentum, Total this week invested in a U.K. floating wind project and acquired a French wind developer.

NYSERDA’S RECENT REQUEST FOR PROPOSALS

New York allocates 1 GW of solar as renewables auction delivers $18.59/MWh average price, PV Magazine. The results of NYSERDA’s most recent renewable energy request for proposals are in. 21 large-scale renewable projects totaling 1,278 MW in new capacity have been awarded, with 17 of those projects and 1,090 MW being solar.

ENERGY CONSERVATION TIPS FROM OPPD

Staying home doesn’t have to mean higher bills, The Wire