First pilot installation of CrystEna planned outside of Philadelphia
TARRYTOWN, N.Y. & NEW MILFORD, Conn.–(BUSINESS WIRE)–Hitachi America, Ltd., a wholly owned subsidiary of Hitachi, Ltd. (“Hitachi” / TSE:6501) and Demansys Energy LLC (“Demansys”) today announced that they have reached an agreement to perform a demonstration project utilizing Hitachi’s “CrystEna” compact container-type energy storage system in the market for frequency regulation and capacity services*2, and that site installation work will soon commence. The demonstration, which is designed to confirm the benefits of using the CrystEna energy storage system for grid stabilization, will run for two years, beginning in June 2014.
Fourth generation grid battery solution delivers dependable, cost-competitive energy storage for utilities and renewable developers
ARLINGTON, Va.–(BUSINESS WIRE)–AES Energy Storage today introduced AES Advancion, a complete battery-based grid resource – delivering the services expected from peaking power plants, with added benefits. Advancion is the fourth generation of AES-designed grid energy storage solutions and is now offered to utility companies and renewable developers in select markets. The offering incorporates six years of commercial experience developing, owning and operating storage assets, bringing utility buyers a smart, cost-competitive solution within established industry business models. With 200 MW of storage resources deployed and in construction and over 1.5 million MW-h of service delivered, AES is an established leader in providing dependable grid-scale energy storage solutions to utilities and power markets.
Annual installations will reach nearly 13,000 MW by 2020, report concludes
BOULDER, Colo.–(BUSINESS WIRE)–One part power electronics and one part networking and communications technology, microinverters and DC optimizers (commonly referred to as module-level power electronics, or MLPEs) are playing an increasingly significant role in large-scale and distributed renewable electricity generation. With the potential to improve the grid’s reliability and increase the overall energy harvest of solar PV projects, they are essential for integrating large amounts of renewable energy onto the grid. Click to tweet: According to a recent report from Navigant Research, annual installations of MLPE capacity will grow from 1,185 megawatts (MW) in 2013 to 12,844 MW by 2020.
Individually owned EVs will be able to participate in grid services in the second half of this decade, report finds
BOULDER, Colo.–(BUSINESS WIRE)–Though negligible today, the market for plug-in electric vehicles (PEVs) equipped with vehicle-to-grid (V2G) technologies – which enable the vehicles to participate in ancillary services for the power grid – is expected to expand steadily in the coming years. Compelling business models for V2G technologies are starting to emerge in select markets around the world, and it’s expected that individually owned electric vehicles will be able to participate in grid services in the second half of this decade. Click to tweet: According to a recent report from Navigant Research, more than 250,000 V2G-enabled PEVs will be sold worldwide from 2013 to 2022.
Total capacity will surpass 15 gigawatt-hours by 2024, report concludes
BOULDER, Colo.–(BUSINESS WIRE)–The microgrid market is expected to expand rapidly over the next 10 years, bringing with it increased demand for energy storage associated with these systems. Energy storage systems (ESSs) deliver services to microgrids similar to the services that ESSs deliver to the traditional grid: resource optimization (fuel, solar photovoltaic, wind), resource integration (photovoltaic, wind), stability (frequency, voltage), and load management. Click to tweet: According to a new report from Navigant Research, the total worldwide capacity of ESSs for microgrids will grow from 817 megawatt-hours (MWh) in 2014 to 15,182 MWh by 2024.