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.
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.