Energy Storage
Smart Cities and Buildings: The Reaction From COP21
December 18th, 2015What does ITC Reversion mean for the Energy Storage Sector?
December 3rd, 2015Divestment Trend Continues with GE Energy Services Start-Up ‘Current’
GE has announced the creation of Current, a start-up that combines energy hardware with a digital backbone to make power simpler and more efficient for customers. The company, which is backed by GE’s balance sheet, brings together GE’s LED, solar, energy storage and electric vehicle businesses as a one-stop shop for early customers like Walgreens, […]
Illinois C-CAP Project Networks Buildings for Advanced Demand Response
Environmental and consumer advocates, along with Illinois’ regional electric grid operator, launched an innovative pilot project this month to demonstrate how demand response can continue to support grid reliability year-round and lower electricity costs for Chicago businesses, institutions, government, and homeowners. The pilot program, called the Combined Capacity Asset Performance Project (C-CAP), is a collaboration […]
Energy Storage Considers the Implications of Investment Tax Credits Drop in 2017
In 2006, the US government decided to encourage renewable energy market growth with financial incentives, for solar, wind, and other renewable energy products. Through their Investment Tax Credits (ITC) policy they provide a 30% tax credit to owners of investments in clean energy projects. Following the rapid development of energy storage technology, in 2013 the […]
Cryogenic Energy Storage to Challenge Battery Storage in Buildings?
Liquid air energy storage (LAES), also referred to as cryogenic energy storage (CES), is a long duration, potentially large-scale energy storage technology that can be located at the point of demand. While the technology has been known for more than 100 years, only recently has it been widely seen as a promising energy storage option […]
Flywheel Energy Storage Technology Continues to Gain Momentum
Energy storage has long been touted as the last piece of the energy puzzle, that it would enable off-grid and micro-grid independence and allow renewable energy to take a primary role in the energy mix. However, current storage systems are yet to take a firm and cost effective grip on the market. Despite the continued […]
Predictions Suggest a Sharp Fall in Energy Storage Costs
A report published by the Australian Renewable Energy Agency last week predicts a “mega-shift” to energy storage adoption, driven by demand. The report expects to see the costs of lithium-ion batteries fall by 60% in less than 5 years, and by 40% for flow batteries, and all this without significant changes in chemistry and technology, […]
Tesla Smart Home Battery Systems set for Europe and Beyond
Tesla’s Powerwall smart home based energy storage device will go on sale in the United States later this year, and the company has suggested it will roll out the product internationally some time next year. Germany, for example, is seen as a key market for the product because it has among the highest take-up of […]
Edison’s Dream Reawakened: Direct Current may Edge Out Alternating Current in Smart Buildings
Electricity in power grids and buildings is distributed as alternating current (AC) today. This is due to a historical decision based on AC’s better capability for transmitting power over long distances. This decision, taken in the late 19th century, lives on in the 21st century as a disadvantageous requirement for a high number of AC/DC […]
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