Transformation of the ageing electric power grid in the US is inevitable and urgent; most people in the energy industry can agree on that.
But exactly at what pace and how the future electric system will look are hotly debated. Keep reading →
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Energy storage is moving out of the laboratory and into the world of project finance, but how long that evolution will take is in question.
Experts told the Energy Storage Association’s annual conference in Washington DC last week that storage is at a “tipping point.” While storage is being incorporated into some operating projects, the technology is still struggling for recognition of its role, and financing remains a high hurdle. Keep reading →
Consumer electronics could be the winners in the quest for energy storage – cleantech’s holy grail – rather than electric vehicles or the integration of renewables.
Dan Adler, president of the influential California Clean Energy Fund (CalCEF), told last week’s Cleantech Forum in San Francisco: “It is the holy grail and that’s why we continue to focus on this notion that there’s some piece missing.” Keep reading →
Innovations in electricity storage are needed if the US is to take advantage of clean energy resources, and two Senators have proposed an investment tax credit to accelerate storage solutions.
Senators Jeff Bingaman (Democrat for New Mexico) and Ron Wyden (Democrat for Oregon), the two ranking Democrats on the Energy and Natural Resources Committee, told an Energy Storage Association forum they are sponsoring a bill, S.1845, with Maine Republican Senator Susan Collins, for a storage investment tax credit (ITC). It would be similar to credits now available for solar installations. Keep reading →
