Demand Flexibility Offers Significant Savings for Commercial Customers

Demand Flexibility Offers Significant Savings for Commercial Customers

Commercial and industrial utility customers used to have limited options in order to meet their electricity needs: buy it, make it, or eliminate it. Now they have another viable option: to shift it through demand flexibility, the Rocky Mountain Institute (RMI) points out. Recently RMI … Read more…

FERC Opens US Wholesale Energy Markets To Battery and Electric Storage Systems

FERC Opens US Wholesale Energy Markets To Battery and Electric Storage Systems

The Federal Energy Regulatory Commission has issued an order allowing the participation of electric storage resources in the capacity, energy, and ancillary services markets operated by regional transmission organizations and independent system operators. FERC’s vote to open US wholesale energy markets to batteries and other … Read more…

Report: Higher Capacities Mean Energy Storage Ready for Prime Time

Report: Higher Capacities Mean Energy Storage Ready for Prime Time

A new report from Environment New York shows that energy storage is increasingly becoming a viable option for businesses. Rising renewable energy production means that energy storage is ready for prime time, according to the state-based environmental advocacy organization. The report, “Making Sense of Energy … Read more…

Massachusetts Awards $20M Grants for Energy Storage

Massachusetts Awards $20M Grants for Energy Storage

Massachusetts awarded $20 million in grants for energy storage projects in the state this week, doubling the initial amount planned, MassLive reported. The funding is going toward 26 projects involving different business models in an effort to accelerate the development of energy storage technologies. The … Read more…

New York State To Adopt Energy Storage Target

New York State To Adopt Energy Storage Target

New York Governor Andrew Cuomo signed a bill to create a statewide energy storage target, making New York the fourth state in the country that will have such a target, Greentech Media reported. The bill to establish an energy storage deployment program was passed unanimously … Read more…

Investment Group Puts $94.22M Into Canadian C&I Energy Storage

Investment Group Puts $94.22M Into Canadian C&I Energy Storage

Commercial and industrial sector energy storage projects in Canada are set to go into high gear. The Swiss investment group SUSI Partners signed a deal for US $94.22 million (C $120 million) with Toronto-based energy storage project developer and owner NRStor Inc. The investment comes from … Read more…

Trane and Ice-Based Energy Storage Company CALMAC Join Forces

Trane and Ice-Based Energy Storage Company CALMAC Join Forces

Commercial thermal energy storage just got a boost. Ingersoll Rand’s HVAC and building management systems brand Trane acquired CALMAC Corporation, a privately-held manufacturing company based in Fair Lawn, New Jersey, that specializes in ice-based energy storage technologies. CALMAC’s IceBank ice storage tanks work with Trane’s … Read more…

Energy Storage Association: 35 GW New Storage for US Possible by 2025

Energy Storage Association: 35 GW New Storage for US Possible by 2025

The Energy Storage Association (ESA) maps out a path to installing 35 gigawatts of new energy storage in the United States by 2025 in a new white paper developed with Navigant Research. Called “35×25: A Vision for Energy Storage,” the paper details market drivers for … Read more…

Largest Utility-Scale Energy Storage Installation for Massachusetts Planned

Largest Utility-Scale Energy Storage Installation for Massachusetts Planned

ENGIE North America and Holyoke Gas & Electric announced plans this week for a 3-megawatt utility-scale energy storage installation in Massachusetts that they say will be the largest in the state once completed. The new installation project calls for a series of batteries at the … Read more…

New Energy Storage Deployments Hit Record in the US

New Energy Storage Deployments Hit Record in the US

More than 40% of the 38 megawatts of new energy storage installed in the US during the second quarter of this year was in homes and businesses compared to 9% in the first quarter, Reuters reported. The relatively small energy storage market is growing rapidly, … Read more…

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