There are many reasons why the solar energy industry has been in the news so often lately. Within the last decade, costs have taken a nose-dive, while volume and usage have steadily climbed. Within the next 30 years, the International Energy Agency predicts that solar energy could count for up to 16% of the globe’s entire energy. As it stands, it generates 1%. However, analysts have been critical of this optimistic growth potential, citing that it would only be possible if governments change their policies concerning solar energy.
Energy Efficiency
Solar Power to Look Even More Promising for the Future
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We will never sell or share your information without your consent. See our privacy policy.Lithium-ion batteries have held the largest market share of batteries since 2010 making it increasingly difficult for new battery developments to take root. Advancements in battery technology have paved the way for new power developments such as flow batteries. Flow batteries are currently facing great difficulties in trying to secure a larger market share in… Keep reading →
California has recently made large strides in solar technology. However, the state also has ambitions in energy storage, becoming the national leader for the deployment of energy storage. Acting on these ambitions, the California Public Utilities Commission (CPUC) has released a proposal to double funding for SGIP, or the Self Generation Incentive Program. This program, started in 2001, has played a huge hand in getting California the energy storage numbers it now boasts. It is an important impetus driving consumer-sited energy storage.
DNV GL, an international consultancy group based in Norway, has claimed to have found the key to implementing grid-connected energy storage networks and systems. What has been called a “multi-stakeholder” approach involves different parties utilizing battery-stored energy at different times. This research has been conducted in conjunction with Peeks, a commercial aggregator in the business… Keep reading →
Julia St. Germain, Breaking Energy Staff
Parker Hannifin (NYSE: PH), an American energy company, recently announced the completion of the Cochrane energy storage facility, a project undertaken with AES Gener. The partnership with the Chilean energy producer and supplier has resulted in a large plant located Mejillones, Antofagasta, Chile. The facility will provide spinning reserve and grid reliability services to Northern Chile, part of the Norte Grande Interconnected System. This system in particular primarily provides energy to the country’s mining operations, which take place in the north. The facility can provide 20 megawatts of energy storage.
FERC Proposes To Integrate Electric Storage Into Organized Markets
By Kenneth Kulak, Stephen Spina, Pamela C. Tsang | Morgan Lewis
The proposed rule recognizes the physical and operational characteristics of electric storage resources and distributed energy resource aggregators and removes barriers to their participation in organized wholesale electric markets.
These Energy Efficiency Laws Give New York City A Fresh Start On Power Savings
By Environmental Defense Fund Energy Exchange Blog
The New York City Council has an excellent environmental track record, and I’m pleased to say that most recently it has passed a group of bills tackling energy efficiency in buildings, adding to its stellar standing. Mayor Bill de Blasio this week signed a package of laws developed by the City Council that address energy… Keep reading →
Department Of Energy Announces 16 New Projects To Transform Energy Storage And Conversion
By U.S. Department Of Energy
WASHINGTON — The Energy Department’s Advanced Research Projects Agency-Energy (ARPA-E) today announced $37 million in funding for 16 innovative new projects as part of a new ARPA-E program: Integration and Optimization of Novel Ion-Conducting Solids (IONICS). IONICS project teams are paving the way for technologies that overcome the limitations of current battery and fuel cell… Keep reading →
“Holy Grail” Of Renewable Energy Storage Is Fast-Approaching
By Sahir Surmeli | Mintz Levin - Energy & Clean Technology Matters
In 2009, the U.S. Department of Energy created its Advanced Research Projects-Energy (ARPA-E) division to fund energy storage projects.
5 Quick Ways To Save Energy On Home Cooling
By Paul Lester | Digital Content Specialist, Office of Public Affairs
It’s hot out there! With temperatures reaching nearly triple digits in many parts of the country, air conditioning systems are working extra hard to keep you cool. While air conditioners provide comfort, they also use a lot of power. The Energy Information Administration estimates cooling accounts for about 6 percent of the total energy used in average American… Keep reading →
