December 23, 2024

Energy Storage

EDP Renewables
NJ BPU Updates Proposal for Storage Incentives
New Jersey’s Board of Public Utilities released an update to its proposed Storage Incentive Program that changes how the subsidies for utility-scale projects are determined as the state shoots for 2,000 MW of total capacity by 2030.
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Proposal to Refine Bid Cost Recovery for Storage Passes Unanimously

CAISO’s Board of Governors and the Western Energy Markets Governing Body voted unanimously to pass a proposal that will modify the calculation used to determine bid cost recovery payments for storage resources.

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SE Renewable Energy Conference: Will the Southeast Rise Again?
The Southeast’s traditionally risk-averse vertically integrated utilities are now embracing the clean energy transition, driven by economic development in the form of new industry and data centers.
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PJM MRC Briefs: Oct. 30, 2024
The PJM Markets and Reliability Committee endorsed two issue charges sponsored by LS Power addressing the transparency and functionality of PJM’s marginal effective load-carrying capability accreditation methodology.
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Changing Dynamics of Clean Energy Transition Debated at Aurora Energy Conference
Despite some recent hiccups with supply chains and higher interest rates, the clean energy transition is set to accelerate with long-term policy support, panelists said at the Aurora Energy Transition Forum. 
Shutterstock
Mass. Clean Energy Permitting, Gas Reform Bill Back on Track
After negotiations extending well past the end of the formal legislative session, Massachusetts lawmakers are nearing passage of a wide-ranging climate and energy bill.
Intersect Power
2 Huge Solar-plus-storage Projects Planned in California
Intersect Power is seeking approval for two 1.15-GW solar-plus-storage projects in California using a streamlined permitting process.
Office of Gov. Gavin Newsom
California Hits Milestones for Batteries, DR Grid Support

As the growth in battery capacity is accelerating, the new milestone is one-quarter of the way to the state’s projected need of 52 GW of battery storage capacity by 2045.

Shutterstock
UCS Paper: Natural Gas Alternatives Won’t Address Climate Change
The Union of Concerned Scientists' paper argues the electric industry should focus on expanding renewable energy aided with storage rather than keeping natural gas plants running with hydrogen, biomethane or carbon capture and storage.
NOAA
Batteries, Energy Transfers Support ‘Uneventful’ Summer in West
The growth of battery storage resources in the West largely contributed to an "uneventful" summer on the grid, despite record-breaking peak loads and temperatures.

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