Louisville Gas and Electric Company (LG&E) and Kentucky Utilities Company (KU) are proposing to build two 645MW natural gas stations and a 400MW battery energy storage system (BESS).
Ontario’s Independent Electricity System Operator (IESO) has made Canada’s biggest energy storage procurement to date, selecting nearly 1.8GW of projects through a Request for Proposals (RFP).
Energy security concerns are very real, but jumping into a ‘dash for gas’ would be a mistake, and LNG is not the answer, writes Eric Dresselhuys, CEO of ESS Inc.
The Canadian province of Ontario should put around 6GW of long-duration energy storage (LDES) on its grid by 2032 to cost-effectively meet demand and stay on track to hit net zero targets.
The backing of new Electricity Market Design proposals by the European Parliament is welcome, but the plan still falls short in its support for energy storage technologies.
More similarities exist between the business models of trading energy from batteries and other, more ‘traditional’ types of asset than many people realise.
