The IESO's request for proposals encompassed energy storage solutions capable of storing excess energy during surplus periods and supplying energy when it is most needed.
The company is currently in advanced discussions with various companies to secure financing, oversee construction, and operate the Trafford BESS.
A senior executive at the power management company Eaton told Reuters that they are in talks with several European soccer stadium heads about using electric vehicle batteries to power their facilities. “Eaton takes the cells from the batteries of Japanese carmaker Nissan’s returned Leaf electric vehicles and repackages them into ... Read more »
The energy storage project pipeline in the United States doubled in 2018 to reach 32.9 gigawatts, according to the newly released US Energy Storage Monitor published by Wood Mackenzie Power & Renewables and the Energy Storage Association (ESA).
Data centers are likely to become a big market for batteries over the next five years, predicts a director at the Swedish power company Vattenfall. Owners of data centers see advantages to battery installation such as energy security and co-location with renewables, Vattenfall’s head of battery projects Sebastian Gerhard told ... Read more »
A new report from Research and Markets predicts that the global industrial battery market will grow at a CAGR of 7.1% between 2014 and 2023. Drivers of the growth in this well-established market include increased demand from energy storage and stationary applications and advancements in battery technology, the report says. ... Read more »
More than 40% of the 38 megawatts of new energy storage installed in the US during the second quarter of this year was in homes and businesses compared to 9% in the first quarter, Reuters reported. The relatively small energy storage market is growing rapidly, driven by lower costs for ... Read more »
7-Eleven Japan and Toyota inked an agreement this month to study energy conservation and carbon dioxide emissions reduction in convenience store distribution and operation. To that end, the two companies said they plan to work on developing hydrogen fuel cell trucks and power generators. Currently, 7-Eleven Japan is served by ... Read more »
The University of Hawaii Cancer Center and John A. Burns School of Medicine, adjacent facilities in Honolulu, have joined with Hawaiian Electric on a demand-response demonstration project that uses battery energy storage to deliver power during periods of peak energy use, according to a March 21 report by Pacific Business News.