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New UL capability advances design of utility-scale hybrid power systems that provide clean, stable electricity

Share this article Share this article BOULDER, Colo., March 16, 2021 /PRNewswire/  HOMER Energy by UL, global leader in the development of standard-setting energy modeling software, today announced its newest service – HOMER Front + UL Analysis. The new capability helps energy developers design and optimize the complexities of front-of-the-meter utility-scale renewable hybrid power systems that include wind, solar and battery energy storage systems (BESS). HOMER Front + UL Analysis meets an increasingly critical need as power providers seek to improve power supply stability and resilience, decarbonize energy resources and move toward a clean energy transition. Recent catastrophic weather and fire events resulted in massive power outages and demonstrated the value of resilience provided by hybrid power systems integrated into a diversified energy grid. These hybrid power systems bolster the power grid with flexibility, resilience, demand management and price management.

05Mar2021 Midday Update: Wall Street Retreats From Openinghs To A Mixed Market, DOW Up 155 Points, Nasdaq Down -0 6%, WTI Crude Gains Fractionally To 65 88, Bitcoin Stable At 47800

Written by GaryOil rally continues as OPEC+ leaves production levels unchanged (SPY +0.1%). January 2021 trade data continues to show recovery.

In 2020 the US went beyond a gigawatt of advanced energy storage installations for first time ever

Published: 4 Mar 2021, 13:50 By: Andy Colthorpe AES Alamitos 100MW / 400MWh project in California; the first instance of four-hour duration battery storage commissioned as a direct replacement for natural gas peaking capacity. Image: AES Corporation. The US’ installations of advanced energy storage almost entirely lithium-ion battery systems went beyond the 1GW mark in 2020, while in capacity terms the figure was close to 3.5GWh. Research firm Wood Mackenzie Power & Renewables’ quarterly US Energy Storage Monitor report which forecasts, then records and analyses energy storage deployments. The latest edition, gathers together stats for Q4 2020 while collating the full-year data for the whole of last year.

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