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.”


IowaDeptEconDevel_id1863

Helukabel_id1908
Latest Top Stories

Report Disputes U.S. Agency's Renewable Energy Projections

A new analysis from the Sun Day Campaign says renewables are slated to provide 16% of U.S. generating capacity by 2018 - over 20 years earlier than forecast by the Energy Information Administration.


Kansas Renewables Mandate Survives Yet Another Attack, But Is It Too Early To Celebrate?

Over the past three years, some legislators have tried to either weaken or repeal the state's renewable portfolio standard, which requires Kansas utilities to reach 20% renewables by 2020.


AWEA Highlights U.S. Wind Success Stories Of 2013

Despite a 92% drop in new capacity last year, the sector still has myriad reasons to celebrate, according to a new report from the American Wind Energy Association.


Feds List New Bird Species As Threatened - Should Wind Developers Be Worried?

The U.S. Fish and Wildlife Service is designating the lesser prairie-chicken as threatened under the Endangered Species Act. An expert explains how this might affect the wind industry.


Senate Committee Passes Bill With Two-Year PTC Extension

The Senate Finance Committee has voted on a tax extenders package, which includes both the production tax credit (PTC) and investment tax credit, and sent it to the floor.

JLG_id1900
Acciona_id1907
WomenofWind_id
UEA_id1896
bonfiglioli_id1913
AWEA_id1886