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.
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.
BOULDER, Colo.–(BUSINESS WIRE)–More than 1,300 gigawatts (GW) of wind and solar power generation capacity are expected to come online in the next 10 years, creating an unprecedented amount of instability on the grid—particularly in key markets within North America, Western Europe, and Asia Pacific. As grid operators adapt to increasing levels of variable generation on their systems, energy storage systems (ESSs) will become an integral element of their overall strategies. According to a new report from Navigant Research, the installed capacity of energy storage systems for solar and wind power integration will total 21.8 GW from 2013 to 2023.