Energy Storage

Royalpark Homes to Install Solar PV + Energy Storage System

Karen Henry

Royalpark Homes will be the first home builder to install residential solar PV plus battery storage systems as part of new home construction in the Simcoe Shores community in Barrie, Ontario. Panasonic’s Residential Energy Storage Solution captures solar energy in an energy storage solution that allows customers to choose their power source and manage their   …Continue Reading

Energy Storage Prospects Bright in Virginia, Ontario

Carl Weinschenk

Virginia is a prime state for the strategy of using batteries to reduce electric rates by storing energy when it is less expensive for use when prices are higher, according to a feature at Bacon’s Rebellion. The state has three things going in its favor: Peak rate demands are relatively high compared to other states – which   …Continue Reading

Increased Demand for EVs Driving Global Battery Management System Market

Karen Henry

Global battery management system market revenue is expected to increase at a compound annual growth rate (CAGR) of 19.9 percent between 2015 and 2025, according to a report from Future Market Insights (FMI). Demand for battery management systems for e-vehicle applications is estimated to account for 14.2 percent of the market’s revenue share by the   …Continue Reading

Grid Battery Sector on the Rise

Carl Weinschenk

The utility-scale, grid-connected battery storage sector is on the rise, according to Frost & Sullivan. The sector was worth $460 million last year and will reach $8.30 billion in 2024. Lithium-ion batteries will fuel this progress during the first two or three years of the study’s term. The commentary in the release suggests that the rise   …Continue Reading

SB 350 Passes in California

Karen Henry

The California legislature has passed SB 350, the Clean Energy and Pollution Reduction Act of 2015. The bill calls for energy efficiency in buildings to increase by 50 percent and for 50 percent of the state utilities’ power to come from renewable energy by 2030. The provision to cut petroleum use in California by 50   …Continue Reading

Do Microgrids Hold the Key to Grid Stability?

Karen Henry

Typically, power sources that can work independently of the electric grid are viewed as a competitive threat to utility companies. Community-based microgrids, and their potential to provide grid resiliency in response to a severe weather event or other emergency, are beginning to change that. An article in Wind Power Engineering and Development outlines a number   …Continue Reading

Smart Inverter Project Launched in Calif.

Karen Henry

The SunSpec Alliance has launched a $4 million pilot project to investigate the application of interoperable smart inverters, solar PV and energy storage to enhance grid stability. The project team includes 10 SunSpec Alliance member companies — ABB, Enphase, Ideal Power, KACO, OSISoft, Outback, SMA, SolarCity, SolarEdge and Underwriter’s Laboratory — as well as strategic   …Continue Reading

Stem to Join CAISO

Carl Weinschenk

Stem, which describes itself as an intelligent energy storage firm, has bid into the California Independent  System Operator (CAISO) real-time market via its aggregated customer storage systems. Stem’s predictive software is combined with Olivine’s platform to enable bidding and automatic dispatch of stored power to the energy market, according to the company. The entry to   …Continue Reading

Evaluating the Value of Energy Storage

Karen Henry

When batteries are placed as far downstream as possible in the electricity system, they can provide a number of valuable stacked services for businesses, according to a recent blog post from the Rocky Mountain Institute. RMI outlines three steps to help businesses evaluate the value of energy storage: Identify the primary service the battery will provide.   …Continue Reading

3 Technologies that Will Keep Energy Costs in Check

James Marston

Many American households and businesses saw energy costs soar this summer with July being the hottest month in Earth’s hottest year on record. Utilities rely on “peaker plants” during these record-setting heat waves to avoid blackouts. Such plants are more expensive and often more polluting to operate, and utilities pass the higher costs straight on   …Continue Reading