Energy Storage Archives » Page 46 of 51

EnerKnol’s Visual Primer – Grid Operators Set to Expand Opportunities for Energy Storage in Wholesale Markets

January 15, 2019Energy Storage, EnerKnol Impacts, EnerKnol Research Reports, EnerKnol Visual Primer, Policy Landscape, Power & Utilities, PRODUCTS, Wholesale MarketsBy Enerknol Research

Regional grid operators have filed proposals to comply with the first federal directive for broader participation of the technology in regional wholesale power markets. The California system operator is already compliant with majority of the requirements, with a market design that FERC has cited as an example for integrating storage resources. New York grid operator’s proposal poses limitations, such as lack of dual participation in wholesale and retail markets, amidst the state’s efforts to advance an ambitious 3-gigawatt goal for storage.

Hawaiian Electric Proposes Largest Portfolio of Solar-Plus-Battery Projects at Record Low Prices

January 7, 2019Energy Storage, Energy Storage, EnerKnol Impacts, EnerKnol Pulse, Power & Utilities, Renewables, Solar, Solar Power, Top NewsBy Enerknol Research

The Hawaiian Electric Companies submitted power purchase agreements for seven grid-scale, solar-plus-storage projects to the Hawaii Public Utilities Commission, according to a Jan. 3 press release. The projects total 262 megawatts of solar and 1,024 megawatt-hours of energy storage, with contract prices ranging from $0.08 to $0.12 per kilowatt-hour. The utilities said that the contracts…...

Dominion’s Millstone Nuclear Plant Wins Zero-Carbon Energy Contract in Connecticut

December 31, 2018Energy Storage, EnerKnol Pulse, Nuclear Power, Solar, WindBy Enerknol Research

Democratic Governor Dannel Malloy on Dec. 28 announced the selection of two nuclear plants — Dominion Energy Inc.’s Millstone Power Station in Connecticut and NextEra Energy Inc.’s Seabrook Nuclear Power Station in New Hampshire — along with nine solar projects and one offshore wind project in the state’s solicitation for zero-carbon electricity. The procurements totaling nearly…...

Greater Regulatory Clarity Will Facilitate Fair Competition of Storage Resources in Ontario Power Market: Report

December 28, 2018Energy Storage, Energy Storage, EnerKnol Impacts, EnerKnol Pulse, Power & Utilities, Wholesale MarketsBy Enerknol Research

The Ontario Independent Electricity System Operator issued a report on Dec. 20 identifying obstacles and mitigating strategies to ensure that energy storage resources can be integrated into its market and can compete in the delivery of services when feasible. The report calls for clarity in the market rules, Ontario Energy Board codes, and legislation and…...

Colorado Rule Paves Way for Utility Investment in Battery Projects

December 27, 2018Energy Storage, EnerKnol Impacts, EnerKnol Pulse, Solar PowerBy Enerknol Research

The Colorado Public Utilities Commission adopted rules to incorporate energy storage procurement into utilities’ long-term planning processes, taking an important step towards harnessing the emerging technology, according to a Dec. 12 decision. The move follows legislation enacted in June 2018 directing the commission to establish a process by February 2019 for electric utilities to evaluate…...

MISO Proposes Market Rules for Electric Storage Resource Category

December 17, 2018Breaking News, Energy Storage, EnerKnol Impacts, EnerKnol Pulse, Top NewsBy Enerknol Research

The Midcontinent Independent System Operator Inc. on Dec. 3 proposed revisions to facilitate deeper integration of energy storage resources across its region. The grid operator proposed a new electric storage resource category providing unique modeling, offer parameters, operating limitations, and settlement provisions that recognize the characteristics of energy storage resources. MISO said that the filing…

New York Adopts Targets to Achieve 3 Gigawatts Energy Storage, Double Energy Efficiency Progress

December 17, 2018Breaking News, Energy Storage, EnerKnol Impacts, EnerKnol Pulse, Top NewsBy Enerknol Research

The New York Public Service Commission on Dec. 13 set an energy storage target of 3,000 megawatts by 2030 pursuant to legislation enacted last year, with an interim goal of 1,500 megawatt by 2025. The new storage target is the most ambitious nationwide compared to California’s goal of 1,300 megawatts by 2020 and New Jersey’s recently adopted target of…

U.S. Energy Department Picks Kentucky University for $120 Million Battery Science Program

December 12, 2018Energy Storage, EnerKnol Impacts, EnerKnol PulseBy Enerknol Research

The U.S. Energy Department will partner with the University of Kentucky to explore breakthrough energy storage technologies in the second phase of the Joint Center for Energy Storage Research, the agency’s innovation hub dedicated to battery science. Established in 2012, the mission of the hub is to create next-generation technologies that can transform the transportation…

PJM Proposes Market Design to Integrate Battery Storage

December 10, 2018Energy Storage, EnerKnol Impacts, EnerKnol Pulse, Top NewsBy Enerknol Research

PJM Interconnection LLC filed revisions with the Federal Energy Regulatory Commission for market rules that would provide greater flexibility for energy storage resources participating in the wholesale market to manage system operations when charging, discharging or providing continuous electrical service across their full dispatchable range. PJM said the proposal includes modifications, where necessary, to the capacity, energy…

U.S. Energy Department Examines Value of Pumped Hydro Storage for Grid Resilience Amid Growing Renewable Generation

December 4, 2018Energy Storage, EnerKnol Impacts, EnerKnol PulseBy Enerknol Research

The U.S. Energy Department selected two pumped-storage hydropower projects to conduct techno-economic studies in a bid to examine their long-term value, according to a Dec. 3 news release. The department said that the continued growth of variable renewable generation is having an impact on the value these projects provide to the grid. Pumped hydro projects…

Duke Energy Completes $1 Billion Green Bond Transaction to Advance Renewables in the Carolinas

November 9, 2018Energy Storage, EnerKnol Impacts, EnerKnol Pulse, SolarBy Enerknol Research

Duke Energy Carolinas, a subsidiary of Duke Energy, issued $1 billion in green bonds to finance zero emission projects such as solar and energy storage in North and South Carolina, according to a Nov. 9 press release. The bonds, which mark the company’s first clean energy investment offering, have a weighted average coupon of 3.74…

New England Grid Operator Proposes Market Design to Integrate Battery Storage

October 29, 2018Energy Storage, EnerKnol Impacts, EnerKnol Pulse, Top NewsBy Enerknol Research

ISO New England Inc. filed revisions with the Federal Energy Regulatory Commission for a new market design that would help emerging storage technologies to “more fully participate” in the wholesale power markets, according to an Oct. 29 news release. The rule would recognize the ability of batteries to transition continuously and rapidly from charging to…

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