Energy Storage
Battery storage remains largely reliant on state programs and subsidies to be viable in Massachusetts but could increasingly stand on its own as renewable energy proliferates, a panel of energy storage experts said.
CAISO’s Board of Governors and WEIM Governing Body unanimously voted to approve an expedited proposal to increase the ISO’s soft offer cap from $1,000/MWh to $2,000.
Carbon-free electricity proponents envision a massive portfolio of wind and solar generation supported by some type of storage. In theory this can work, but the reality is that long-term battery storage isn't practical.
CAISO is proposing to raise the soft offer cap in its market from $1,000/MWh to $2,000 to accommodate the bidding needs of battery storage and hydro resources in time for operations this summer.
The promise of doing well for both the environment and the economy and the obstacles to doing so were highlighted as the 2024 edition of New York’s energy storage industry conference opened.
NERC’s 2024 Summer Reliability Assessment found that every region has met its reserve margin targets but that many areas would face difficult operations in lengthy, widespread heat waves.
The Public Interest and Environmental Organization User Group discussed generation deactivations, filing rights over regional planning and long-term transmission projects with the PJM Board of Managers.
Energy storage resources bailed out the ERCOT grid May 8, providing a record amount of energy to help the Texas grid operator through the first tight conditions of the maintenance season.
FERC denied an application for a 3.6-MW pumped storage hydropower facility on the Little Colorado River in Arizona — entirely on Navajo Nation land — after the tribe protested that it had not been consulted with by the developer.
Projected load growth nationwide from data centers, electrification and increased domestic manufacturing will drive increasing demand for renewables, NextEra Energy CEO John Ketchum said during a first-quarter earnings call.
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