Energy Storage News – On Thursday, the Obama Administration announced a number of initiatives that plan to help the US transition to a smart, more energy efficient, 21st century power grid.
The White House is proposing a number of new executive actions and 33 state and private sector commitments are proposed to “result in at least 1.3 gigawatts of additional storage procurement or deployment in the next five years.”
A “smart grid,” according to the Office of Electricity Delivery & Energy Reliability, is a system that uses computer-based remote control and communication technologies to help utility workers to monitor and gather data. It’s used in other industries, but has only recently been introduced in things such as power plants and wind farms.
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Microsoft has partnered with battery technology provider Primus Power to work on a pilot program to advance energy storage at datacenters globally.
Government agencies, companies, and organisations in the US have committed to generate a minimum of 1.3GW of energy storage capacity across the country over the next five years.
Energy Storage News – Money doesn’t make the world go round; energy does. With energy, modern society is capable of achieving the once unthinkable, from face-to-face communication around the world in real time, to sending a man to Mars.
Energy Storage News – SolarEdge Technologies Inc., a provider of PV inverters, power optimizers and module-level monitoring services, and LG Chem Ltd. have
Juno Beach-based Florida Power & Light Company announced an innovative new energy storage pilot project Thursday in conjunction with a White House summit on scaling renewable energy and storage with smart markets.
Combining
While deployment is growing rapidly, at this time energy storage in the United States is a small and nascent market which has not benefitted from any federal programs akin to the Investment Tax Credit (ITC) or the Department of Energy’s SunShot program.
U.S. Rep. Mike Honda, a Democrat from Silicon Valley, California, has introduced the Energy Storage for Grid Resilience and Modernization Act, otherwise known as H.R. 5350.