The United States is rapidly installing grid-scale batteries that are helping to prevent power blackouts, known in German as Dunkelflaute, according to The Guardian. From barely any just a few years ago, the US has now installed 20 GW of grid-scale battery storage for its electric grid — equivalent to … [continued]
A grid-scale battery cannot distinguish between electricity from thermal generation and electricity from renewable energy sources.
Peak Energy is challenging the conventional wisdom when it comes to battery energy storage systems for grid-scale applications.
“Buy low and sell high” may be the ultimate expression of how to be successful in business. It works, whether you are selling apples, oranges, or electricity. Most of us don’t realize how much the cost of electricity varies during each day, each week, and each month. If you can … [continued]
According to the Union of Concerned Scientists, curtailment of renewable energy is not a problem, it is an opportunity to adjust our use of electricity to a 21st century world.
8minute Solar, NV Energy, and the Maopa Native American reservation will collaborate on building the largest solar and battery storage facility in Nevada and one of the largest in the US.
United Power, an electricity cooperative in northern Colorado, is about to activate a 4 MW Tesla Powerpack installation which it expects will save customers $80,000 a month.
What do Bill Gates, Jeff Bezos, Mark Zuckerberg, Reid Hoffman, Jack Ma, and David Rubenstein have in common? No, they are not all building new rockets for interstellar exploration. The common bond between them is that all have combined their considerable financial resources to create Breakthrough Energy Ventures. Formed in 2016 with an initial capitalization of $1 billion, BEV says its investments will be “patient capital,” which means a return on its investments may not happen for 20 years or more, giving the scientists and engineers it supports the time they need to develop disruptive technologies that could change the world.
A new report from Navigant Research is forecasting distributed energy storage revenue to exceed $16.5 billion by 2023, due to “rapid innovation and intense competition.” The report, published Monday, analyzed the global market for distributed energy storage systems, including global market forecasts for power capacity, energy capacity, and revenue. In … [continued]
