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Battery storage capacity in the US more than tripled to 4,631GW in 2021 and increasingly broadened out of ancillary services, according to the Energy Information Administration (EIA). The amount of battery storage capacity grew 220%, from 1,438MW in 2020, driven by the commissioning of 106 utility-scale systems with 3,202MW, the EIA said. That means 2,923MW...
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Enabling power grids to function more flexibly and resiliently, the deployment of battery storage across the US has increased from about 100MW at the end of 2012 to 1,650MW by the end of 2020, accelerating from an inflection point year in 2015. A new report from the US Department of Energy’s Energy Information Administration (EIA)...
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A 150MW / 600MWh battery storage system would be a central component of a proposed “state-of-the-art clean energy underground highway,” capable of transmitting renewable energy into New York City from Upstate New York, Energy-Storage.news has heard.  New York’s electric transmission system needs to be able to support the ongoing and rapid growth of renewable energy. The state’s Climate...
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The US’ bipartisan infrastructure bill’s passing by the Senate has been applauded by a range of energy storage industry stakeholders for helping unlock the country’s clean energy potential. US$1.2 trillion in infrastructure spending on everything from road building to phasing out lead water pipes has been committed to through the legislation. It now needs to...
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US utility giant NextEra Energy added 1.84GW of renewables and energy storage projects to its backlog in Q2 2021. NextEra said its energy storage development programme includes 1,322MW of large-scale battery storage ranging in size from 25MW to 230MW in various US states with signed long-term contracts and a commercial operation date (COD) in 2022. The majority...
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source: Wood MacKenzie P&R/ESA – US energy storage monitor 2020
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The ETF from EnCap is locking in USD 1.2 Billion to invest massively into renewable energy with battery storage being on top of the list of industries to invest in. Source : Encap Investments https://www.encapinvestments.com/news/encap-investments-lp-closes-energy-transition-fund
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