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Each quarter Wood Mackenzie and the American Clean Power Association (ACP) gather data on U.S. energy storage deployments, prices, policies, regulations, and business models. We compile this information to create the most comprehensive, timely analysis of energy storage in the U.S. As a result, Wood Mackenzie forecasts 59.2
Scotlands First Hydrogen Homes Open, Leading the Transition to Clean Energy The unveiling of Scotland’s first hydrogen homes marks a crucial step forward in the nation’s ambition to achieve net-zero emissions. Europes Hydrogen Residential Energy Technology Paving the Way Scotlands hydrogen pilot isnt the only one making headlines.
A German startup aims to sell a self-charging electric car covered in solar panels from 2022 after raising nearly $60 million in a recent 50-day crowdfunding campaign. The Sion will be powered by a 35-kilowatt-hour battery containing 192 prismatic lithium-ion cells with a nickel, manganese and cobalt ratio of 622.
The system will specifically serve the new domestic terminal building, which is still under construction. When completed, the system will have a thermal capacity of 2500 kW, delivered by 457 boreholes, each drilled to 110-120 meters depth. The project has been designed by S.A.P.
The fallout from the coronavirus pandemic and coming recession is expected to drive down pricing for both front-of-the-metersolar and storage systems even faster than expected. Project construction delays and tightening consumer spending will drive down storage and electric vehicle demand, according to Wood Mackenzie.
A settlement has been reached on the FirstEnergy Ohio utilities’ second phase grid modernisation plan, including expanding the state smart meter rollout. The first phase included the installation of approximately 706,000 smart meters , while the second phase will allow for expansion for the remaining estimated 1.4
The uncertainties centre on Equinor’s backing for new “net zero” gas-fired power plants fitted with technology to capture carbon dioxide (CO2) billowing from their smokestacks, and bury the gas in disused oil and gas fields under the North Sea. Credit: Sabrina Bedford. percent of the UK’s current yearly emissions.
James O’Toole explains how the UK’s Smart Energy Research Lab is enabling researcher access to smart meter data. With over 21 million smart gas and electricmeters now in Great Britain’s homes, there is a growing wealth of half-hourly and daily domestic energy use data available to those who can access it.
My 2022 predictions came into clearer focus after the California Public Utilities Commission dropped a bomb on California’s solar and battery storage industry. NEM 3 cannot be considered net metering since new solar customers will actually be penalized for connecting under this rate.
Industrial facilities will be among the most difficult emitters to decarbonize. The industrial sector — everything from factories to food producers to oil refiners — accounts for one-third of U.S. primary energy demand, according to the Department of Energy. industrial sector primary energy consumption.
The energy and utilities industries play a significant role in carbon emissions. In the US, 25% of greenhouse gas (GHG) emissions come from electricity generation. This is not surprising, with coal and natural gas representing about 60% of electrical supply. Energy Transition for Sustainability. Have you read?
Hawaii's largest utility enlisted a new tool in its quest for a carbon-free electricity system: thousands of batteries installed in people's homes. Hawaiian Electric won regulator approval for a $25 million plan to harness solar and batteries at 6,000 homes across the islands of Hawaii, Maui and Oahu.
This week’s edition of Smart Energy Finances sees three load shifting investments take centre stage as demand response becomes a more notable priority for utilities the world over. 120 million for Swell Energy’s VPP suite. 120 million for Swell Energy’s VPP suite.
French oil major Total and Japanese conglomerate Marubeni have won the rights to build Qatar’s first utility-scale solar PV project, due online in time for the 2022 World Cup. Qatari national power firm Kahramaa has signed a 25-year power-purchase agreement for the output of the project.
David Hall of Schneider Electric highlights five trends to watch for power and utility firms this year. The global shift towards more climate-conscious energy efficiency has accelerated the need for sustainable technology to deliver a cleaner, greener, and fairer energy system. Microgrids fit for the future.
Total control of powerusage: from solar to EV and back to the house. Emporia Energy, which makes an energy management system for homes and small businesses, has launched a new smart Level 2 charger, and plans to offer bidirectional capability soon. The last one I was running is called Concord Energy.
California has more distributed energy resources than any other state, pressuring it to find ways to integrate them into the grid. That’s the big change enabled by a Rule 21 revision entitled “conditions that allow distributed energy resources to perform while avoiding upgrades.”
Circuit breakers are everywhere, providing critically important electrical safety in buildings, vehicles and electrical devices of all kinds. Now it is expanding into two new markets: EV charging and residential energy automation. Atom Power is ready to deploy its EV charging solution in the third quarter of 2021.
The British Pump Manufacturers Association (BPMA) presents the shortlist of finalists in this year’s Pump Industry Awards (PIA), and offers a few words on the awards event scheduled for 31 March. ITT: i-ALERT Total Machine Health Monitoring System with Gateway and Diagnostics. Vyoda: Solar Water Pumping System. Apex Pumps.
Getting electricity customer-generators the compensation they deserve has been a battle in many states. Could a settlement between the utility and solar advocates squash net metering conflict for good? A “Landmark Settlement” for Solar. Utilities often oppose customer-sited solar and net metering.
How is technology helping to address the challenges faced by power grids? According to the International Energy Agency, global electricity demand rose by more than 6% in 2021, the largest increase since the recovery from the financial crisis in 2010. The energy distribution model is becoming decentralised.
AI spurred clean firm power, Europe strengthened carbon markets, and emerging economies’ climate tech demand opened up. 🚗 Vertical: Energy came top in 2024 investment, up 12% to $9.4bn. Industry was down 29%, returning it to fourth place behind Food & Land Use. For 2022-2024, it was 25%.
The first operational remote grid for California’s largest investor-owned utility will be made up of an integrated solar, battery, and generator system. Microgrid provider BoxPower announced this week that it is designing and installing a standalone power system in Briceburg, California to help mitigate fire risk in the area.
Analysis by Sage Energy Consulting estimates the value of California solar could drop 40-80% under the proposed policy change. CPUC is expected to release the 'Net EnergyMetering 3.0' policy in December, updating how utilities credit residential and commercial rooftop solar generators for power sent back to the grid.
Coal-fired power plant in Inner Mongolia. The pace at which renewable energy is being developed in China is leading to a slowdown in the approval of new coal-powered projects, according to a new report from the Centre for Research on Energy and Clean Air and Global EnergyMonitor.
market for distributed energy resources will look very different in five years than it does today. And electric vehicles will give utilities and regulators the opportunity to promote pricing regimes to encourage charging when electricity is abundant — or suffer potentially grid-destabilizing consequences.
With up to 430 Wp packed into less than two square meters, the new REC Alpha Pure-R hits the sweet spot in terms of its power output, size, weight, and handling. REC's latest panel innovation builds on the lead-free and RoHS compliant REC Alpha Pure Series, which just won the prestigious 2022 Intersolar Award.
gigawatt-hours of energy storage capacity in 2020, more than double the 499 megawatt-hours installed in 2019. gigawatt-hours this year, according to Wood Mackenzie's latest report on Australia's energy storage market. The FTM market’s leading position is likely to be short-lived as the industry faces many uncertainties.
Predicting the future is easy; getting the exact timing is very hard — especially with all the emerging technologies and requirements facing the solar and storage industry. So this year I’m giving myself a whole decade to get these behind-the-meterenergy system predictions mostly right. Timeframe: now.
Despite the headwinds of 2023, the US solarindustry is expected to have grown 55% compared to 2022, amounting to nearly 33 GWdc of capacity. It was the nation's largest year of installed solar capacity. Energy efficient heating and cooling improvements are gaining in awareness and popularity. Additionally, 3.2
Verdox raised $80M for its electric carbon capture technology, including from Bill Gates’ Breakthrough Energy Ventures. Form Energy announced a new collaboration with Georgia Power to identify an optimal project application of up to 15 MW/1500 MWh of energy storage systems to be located in the utility’s service area.
The National Science Foundation has awarded $39 million to a team of engineers and computer scientists at the University of California San Diego to build a test bed to better understand how to integrate distributed energy sources and EV batteries into the power grid. “We Source: UC San Diego.
Six months after inking California’s largest single energy storage procurement, utility Southern California Edison has added another three massive utility-scale battery projects to its portfolio—plus a behind-the-meter battery project with Sunrun. gigawatt-hours of energy storage capacity, for August 2021 delivery.
EDF Renewables North America, along with NV Energy, McCarthy Building Companies and the Moapa Band of Paiute Indians, has celebrated the completion of the Arrow Canyon Solar+Storage Project. The energy generated is supplied to NV Energy through a 20-year power purchase agreement.
Jeff Hutchins, president and chief technology officer at EOS Linx, writes on the electric vehicle (EV) landscape and how its booming growth necessitates, now more than ever, a renewed focus on cybersecurity measures. Electric vehicles are the future. They’re not monitored by utility workers who are always on-premise.
California regulators have finalized plans to direct more than half a billion dollars in behind-the-meter battery incentives over the next four years to customers most at risk of the state’s increasingly deadly wildfires and the grid outages meant to prevent them. Big changes for California's energy storage market.
Nexamp and TurningPoint Energy (TPE) have completed a 9.4 MW solar farm in Warren, R.I., which includes two co-located solar arrays made up of 17,000 solar modules on acreage previously developed as a golf course. Construction began in 2022, with power delivered to the grid for the first time last month.
Tighter rules on the carbon footprint of new homes in England look set to trigger a fresh boom for residential solar. New homes will be expected to produce 31 percent less carbon dioxide than they do now, according to plans laid out this week , which will require better energy efficiency and being “heat pump ready.”
Phoenix Contact’s core business areas include device connectors, industrial components and electronics, and industry management and automation. . In the beginning of 2022, Phoenix Contact established a new team within the U.S. subsidiary focusing on the e-mobility infrastructure market. E-MOBILITY CHARGING COMPONENTS.
Nexamp and Borrego have activated two solar-plus-storage energy projects within ISO New England Territory, namely the Nexamp community solar farms in Massachusetts, USA. They aim to build momentum for a cleaner and more resilient regional power grid. link] — Nexamp (@Nexamp) March 22, 2022.
Dandelion Energy raised a $70M Series B-1 round to install geothermal heating and cooling solutions. investment in its vegetation intelligence platform that helps utilities reduce the risk of power outages and wildfires. Department of Energy to extract nickel and magnesium from mining waste. Overstory announced a $5.2M
Dubai Electricity and Water Authority (DEWA) plans to offer satellite-as-a-service to the utility industry globally. This will improve the efficiency of DEWA’s operations and support the digitalisation of energy and water transmission and distribution networks. It will also integrate IoT data using DEWA’s cloud services.”.
Activists protest Idaho Power’s value of sun study Solar advocates asked the Idaho Public Utilities Commission to reject or heavily review Idaho Power’s value of solar study that will guide future net-metering rate structures. Advocates say the utility used faulty methodology and outdated data in the study.
Consulting firm Wood Mackenzie released analysis saying California’s newly proposed net metering tariffs would cut the state’s residential solar market in half by 2024. would reduce payments granted to rooftop solar customers for the excess power they generate, which is known as net metering. Gavin Newsom.
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