Energy Storage
Divestment Trend Continues with GE Energy Services Start-Up ‘Current’
October 30th, 2015Illinois C-CAP Project Networks Buildings for Advanced Demand Response
October 22nd, 2015Energy 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 […]
Johnson Controls could Shed Automotive in Favour of Smart Building Controls and Energy Storage
Johnson Controls is shifting back toward its roots with its announced move to separate its massive automotive unit and focus instead on smart building controls and energy storage. Management said it is open to an outright sale, spinoff or formation of a joint venture to shed the unit, with a decision expected before year’s end. […]
Commercial and Industrial Smart Buildings Primed for Energy Storage
In the first quarter of 2015, 5.8 megawatts of energy storage systems were installed across the US, 16% higher than the same period in 2014 – according to a report released by GTM Research and Energy Storage Association last week. The US is forecast to deploy a total of 220 megawatts in 2015, more than […]
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