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S&P Global Market Intelligence ($): To keep California reliably powered amid its clean energy transition, the California ISO, the state’s primary transmission grid operator, is calling for at least 10,000 MW of new capacity to enter service between 2023 and 2026. “Critically, this capacity should be effective after sunset,” attorneys for the grid operator said […]
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Bloomberg: With summer’s heat approaching, California’s plan for avoiding a repeat of last year’s blackouts hinges on a humble savior – the battery. Giant versions of the same technology that powers smart phones and cars are being plugged into the state’s electrical grid at breakneck speed, with California set to add more battery capacity this […]
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Reuters: Apple Inc said Wednesday that it will build a battery-based renewable energy storage facility in Central California near a solar energy installation that already provides energy for all of its facilities in the state. Apple said the project will store 240 megawatt-hours of energy, or enough to power more than 7,000 homes for one […]
Press Release, Dennis Wamsted, Seth Feaster and David Schlissel
Coal, gas set to become biggest losers as renewable generation climbs quickly
March 31, 2021 (IEEFA) — The speed and scope of the energy transition to renewables will pick up pace over the next two to three years, according to the Institute for Energy Economics and Financial Analysis’ U.S. Power Sector Outlook 2021. Solar and battery storage adoption is enjoying almost exponential growth, and wind and solar […]
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Los Angeles Times: Los Angeles is one of the last places in California still burning coal for electricity — and if all goes according to plan, it could become one of the country’s first major cities to nearly eliminate fossil fuels from its power supply. In a first-of-its-kind study commissioned by the city and released […]
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E&E News ($): The energy storage industry is shattering records for battery deployments, underscoring its growing role in decarbonizing the economy. In the last three months of 2020, nearly 2.2 gigawatt-hours (GWh) of energy storage systems were put into operation, according to the energy data firm Wood Mackenzie. That’s an increase of 182% from the […]
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Recharge: The market leader in build-anywhere long-duration energy storage, Highview Power, now has more than a dozen firm projects in its pipeline, adding up to roughly 400MW/4GWh, the company’s chief executive reveals to Recharge. Eight of these will enter the execution phase this year or next, in addition to the 50MW/250MWh project currently under construction […]
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S&P Global Market Intelligence ($): Adjacent to Vistra Corp.’s natural gas-fired Moss Landing CC power plant on California’s Monterey Bay, two of the world’s biggest lithium-ion battery storage stations are emerging as critical new assets for the state’s clean energy transition. Across the country in Manatee County, Fla., meanwhile, Florida Power & Light Co. is […]
Press Release and Dennis Wamsted
Utility claims natural gas is cheaper than battery storage
February 18, 2021 (IEEFA) — Duke Energy’s plans for its two utilities in the Carolinas rely on outdated cost estimates to avoid expanding battery storage capacity, according to a new study by the Institute for Energy Economics and Financial Analysis (IEEFA). In their latest integrated resource plans (IRPs), Duke Energy Progress and Duke Energy Carolinas […]
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S&P Global Market Intelligence ($): NextEra Energy Resources LLC has connected a 115-MW lithium-ion battery storage system to its existing 131.2-MW Blythe Solar II facility in eastern Riverside County, Calif., which forms part of one of the world’s largest emerging solar-plus-storage stations. The competitive generation arm of NextEra Energy Inc. synchronized the storage system with […]
IEEFA U.S.: Energy transition to renewables likely to accelerate over next two to three years
Coal, gas set to become biggest losers as renewable generation climbs quicklyMarch 31, 2021 (IEEFA) — The speed and scope of the energy transition to renewables will pick up pace over the next two to three years, according to the Institute for Energy Economics and Financial Analysis’ U.S. Power Sector Outlook 2021. Solar and battery storage adoption is enjoying almost exponential growth, and wind and solar […]