in News Departments > FYI
print the content item

A growing amount of intermittent renewable energy resources, such as wind and solar, as well as volatility in load profiles, will lead grid operators to procure 56 GW of energy storage between 2012 and 2022, finds a new report from Pike Research.

It is still difficult for many energy-storage vendors to make a business case for their technologies based on a single application. Therefore, some vendors are delivering solutions for several issues with a single installation. According to the report, the industry is at a tipping point, as vendors attempt to fully commercialize technology and develop business cases that highlight total value, rather than simply applications.

“Newer and emerging energy-storage technologies - such as next-generation compressed-air energy storage and pumped storage, as well as advanced batteries - are changing the energy-storage space with innovations in efficiency, footprint, materials science and system flexibility,” says senior research analyst Anissa Dehamna. “These innovations will help enable grid operators to optimize grid assets, defer transmission and distribution upgrades and integrate renewable energy sources.”



Trachte Inc._id1770
Latest Top Stories

Setting The Record Straight: How Many Birds Do Wind Turbines Really Kill?

Several peer-reviewed studies are more or less in agreement with avian mortality rates caused by wind turbines. However, one study, which is wildly off from the others, is most often cited in the media. Why?


Six Takeaways From The IRS' Start Of Construction Guidance: What You Need To Know

The IRS recently issued guidance to wind developers to further spell out what "start of construction" means. Will you be covered?


Eagle Take Permits For Wind Farms - Will They Fly?

Now that the U.S. Fish and Wildlife Service has issued the first permit allowing the legal take of eagles, can wind developers expect more certainty in the agency's application process?


Despite 2013 Challenges, U.S. Wind Power Reaches All-Time Low Price

In a new report, the U.S. Department of Energy details the highs and lows of the country's wind industry last year, and the agency maintains that the U.S. sector remains strong.


Mexico On Pace To Set New Renewables Investment Record

A new report says the country has spent $1.3 billion on clean energy in the first half of 2014 and could end up seeing a record year. Furthermore, wind power is slated for significant growth in the region.

Renewable NRG_id1934
Canwea_id1984
Tower Conference_id1965