Maryland Battery Storage Program Looking to Expand
A virtual power plant program in Maryland explores how the service can benefit consumers over an expanded area of the region.
Search Results for: distributed energy storage system
Virtual Power Plant Project Combines Energy Load and Storage Controls
A virtual power plant project in California will help with intelligent load controls and energy storage to help with efficient energy uses.
Report Says Up to 140 TWh of Long-Duration Energy Storage Needed to Enable Grid Net Zero by 2040
ESS, a US manufacturer of long-duration batteries for utility-scale and commercial energy storage applications, announced the publication of the Long-Duration Energy Storage (LDES) Council’s LDES report.
University of Central Florida Opens Innovative Microgrid Lab to Prepare Future Engineers
This week, the University of Central Florida (UCF) celebrated the opening of its new cutting-edge Microgrid Control Lab.
DOE Invests $61 Million for Smart Buildings that Accelerate Grid Resilience
The US Department of Energy (DOE) today announced $61 million for 10 pilot projects that will deploy new technology to transform thousands of homes and workplaces into state-of-the-art, energy-efficient buildings.
New Virtual Power Plant Partnership to Bring Businesses Cost Savings, Climate Resiliency
There are numerous benefits to VPPs due to their decentralized nature. Because they consist of...
Stem Inc’s Smart Energy Storage, Virtual Power Plants to Bring Performance Improvements to Customers
The technology behind these capabilities is Athena, Stem’s smart energy storage software. Using advanced artificial intelligence and machine learning, Athena “continuously collects electricity usage data, creating a virtuous cycle of learning and deep insights to better inform its AI-driven algorithm.”
Generac, Enchanted Rock Partnership Aims to Protect from Power Interruptions
Generac Power Systems announced a five-year development agreement with microgrid technology company Enchanted Rock to build and supply natural gas generators in an effort to protect businesses from interruptions from power outages. Generac says the company has seen an increased demand for power backup systems, driven from situations such as ... Read more »
WEF Report Highlights Implementation, Standardization of AI in Energy Transitions
Artificial intelligence (AI) will play a key role in intertwining the power, transport, industry and building sectors while helping to decentralize the power industry as energy systems across the world move toward decarbonization, according to…
C&I Companies Benefit from Microgrid Innovation as Financing Becomes Easier
As of early 2021, commercial and industrial companies have been benefitting from innovation within the energy-as-a-service (EaaS) market when it comes to microgrids. Though these types of customers have available capital — and often own portfolios of similar-sized building sites — they tend to be averse to risk and do not necessarily want to take on the risk of…
NY Green Bank Raises $314M, Completes First Private Capital Funding With BofA
NY Green Bank, the largest of its kind in the nation, has completed a $314 million private capital transaction with Bank of America (BofA), a first for NY Green Bank and the largest private deal by a green bank in the U.S. The funding will enable NY Green Bank to ... Read more »
DNV Report: 10 Technologies Shaping The Energy Transition Next 5 Years
The 72-page DNV Technology Progress Report, a supplement to DNV’s ongoing Energy Transition Outlook, covers ten key technologies seen as critical to decarbonization goals during the next five years. According to the report, the world needs to transition faster to a deeply decarbonized energy system, reducing emissions by around 8% ... Read more »