The US installed 41.2MW of energy storage capacity in the second quarter of 2016, up 126% from 18.3MW in Q1, according to the latest report from GTM Research.
Bloomberg New Energy Finance (BNEF) senior analyst Logan Goldie-Scot discusses with Energy-Storage.News drivers for the recent uptick in storage across the globe, as well as insights on why America has an ideal regulatory approach to storage technologies, the recent UK tender, and the potential of dynamic markets in Asia Pacific.
Behind-the-meter storage is forecast to become a larger segment than grid-scale storage by 2021, and could pose a potential threat to utilities, according to Bloomberg Energy Finance (BNEF) senior analyst Logan Goldie-Scot.
Brian Perusse, vice president of AES Energy Storage and Jim Avery, chief development officer of SDG&E discuss the largest battery-based storage system in the US, set to stand at 30MW in California.
AES Energy Storage, a subsidiary of AES Corporation, has signed contracts with utility San Diego Gas and Electric (SDG&E) to install two energy storage arrays with a combined capacity of 37.5MW.
Massachusetts is to become the third US state, after California and Oregon, to impose minimum requirements for usage of energy storage systems.
The California Public Utilities Commission (CPUC) has reformed the Self-Generation Incentive Programme (SGIP) that finances the installation of distributed generation technologies, to now benefit long-duration technologies that previously missed out on the incentive, through the extended US$83 million a year for behind-the-meter storage.
Energy storage developers have an opportunity to prove the benefits of storage systems compared to fossil fuel technologies in what will be one of the fastest energy storage procurements in history pending in California, according to industry commentators and analysts.
The California Public Utilities Commission (CPUC) has issued a landmark resolution that requires a major utility to procure energy storage capacity as quickly as possible.
The economic benefits of adding energy storage to solar in California at affordable multi-family dwellings could far outweigh the costs, even doubling savings on energy bills, a new report claims.
