Page 72 - Demand Response News Today

The go-to resource for in-depth news, analysis, blogs and more on the international energy storage industry

Published: 22 Jan 2021, 07:27 By: Kelly Speakes-Backman addresses the ESAs annual conference, held online in 2020. Image: ESA. Kelly Speakes-Backman, CEO of the national Energy Storage Association (ESA), has been named in the newly appointed senior leadership team at the US Department of Energy (DoE). Speakes-Backman, appointed as the first-ever CEO of the trade association in 2017, has been appointed by the incoming administration of President Joe Biden and Vice President Kamala ...

Published: 21 Jan 2021, 12:35 By: Vanadium flakes at a Largo Resources facility. Image: Largo Resources. Vertically-integrated vanadium mining, production and supply company Largo Resources wants to launch its own vanadium redox flow battery (VRFB) onto the market within a year-and-a-half, predicting that the technology will play a “critical role” in addressing significant demand for energy storage. Largo Resources formed a subsidiary, Largo Clean Energy, which was formally la...

By: Deputy Editor It’s been a dramatic start to 2021 for Britain’s electricity system, with record high prices recorded in both the nations day ahead market and its Balancing Mechanism. As low winds and cold temperatures began to tighten capacity on the grid, National Grid ESO - Britains system operator - issued a number of Electricity Margin Notices (EMN). There have been six this winter already, a number not seen since 2008. Following each of the most recent EMNs there has been a drama...

Published: 20 Jan 2021, 13:37 By: Andy Colthorpe UK-based energy storage system integrator and project developer Zenobe Energy was the third biggest recipient of VC funding in the battery storage sector during 2020 overall, according to Mercom. Image: Zenobe Energy. The amount of corporate funding coming into the global battery storage industry in 2020 was more than double the amount the previous year, with over US$6.5 billion raised last year compared to around US$2.8 billion in ...

Published: 20 Jan 2021, 04:56 By: Andy Colthorpe McKinsey also said that the COVID-19 pandemics impact on long-term power growth demand will be limited. Image: Solarcentury. Renewable energy uptake and the falling costs of battery energy storage are “inexorably linked” as the global economy faces a crucial decade ahead in its urgent need to decarbonise, according to work by McKinsey & Company. Bram Smeets, an associate partner at the prominent management consultancy group told...

Published: 20 Jan 2021, 06:42 By: Some of Green Investment Groups selected year-in-review highlights of 2020. Image: GIG via Twitter. The Green Investment Group (GIG), a company owned by financial services group Macquarie, is investing an unspecified sum into esVolta, a US-headquartered developer and owner of utility-scale energy storage projects. esVolta has 600MWh+ of contracted energy storage projects in California, including the 75MW / 300MWh Hummingbird Energy Storage projec...

The go-to resource for in-depth news, analysis, blogs and more on the international energy storage industry

The final report on California’s rolling blackouts in August is out — and its key findings for what caused the state’s heatwave-driven grid emergency haven’t changed much from initial findings. Simply put, the heat waves that blanketed the U.S. West pushed electricity demand past available supply, and problems with California’s resource adequacy program and market practices for ensuring adequate grid capacity failed to correct the imbalance.  The steps the report lays out for st...

The go-to resource for in-depth news, analysis, blogs and more on the international energy storage industry