Utility-scale energy storage is poised for prodigious growth over the next decade, according to the market research firm Frost & Sullivan. “Overall, attractive pricing, combined with a surge in manufacturing and supportive policies for renewable energy development, will increase the bankability of renewable energy associated storage projects,” said Ross Bruton, an analyst at Frost & Sullivan.
Facebook is working to keep up with its counterparts, Google and Apple, by investing in large amounts of renewable energy on their properties. These days, if you are running your data centers off anything less than 100 percent renewable energy, you are not keeping up with the industry.
Utilities have always done what they can to provide reliable power with what the resources they have available to them — and around them. But with numerous transmission lines crossing borders, renewable energy is no longer something that is situational.
The advantages of renewable energy like solar, wind and tides are well known, i.e. they do not produce any pollutants, greenhouse gasses and are eco-friendly. Perhaps the greatest advantage is that they do not require any fuel and are free of international price whims. All that is required to set them up are places with abundant sunshine, wind and tidal power and the sources of these energies are practically unlimited. The great disadvantage, however, is that we do not have any control over energy production. In spite of this drawback, the International Energy Agency predicts that by the middle of this century the sun will be the largest source of energy superseding fossil fuel, wind, hydro and nuclear. If renewable energy is to play an important role in our future energy mix then energy storage and more efficient systems have to be devised.
High penetrations of variable renewable generation can be manageable without compromising reliability. In fact, it’s been proven in Texas and Colorado.
A new report conducted by the Brattle Group for the Advanced Energy Economy Institute (AEEI) finds that high penetration levels of renewable generation are not only technically feasible but are already being managed in these states without sacrificing electric reliability — suggesting that an increasing share of renewable energy can be integrated into the nationwide electricity system going forward.
The clean energy sector will finally face certainty after the parliament passed legislation to slash the renewable energy target.A bipartisan deal – agreed to last month after a lengthy political stalemate that hamstrung the clean energy sector – will slash the target from 41,000 gigawatt hours to 33,000.Legislation inscribing that deal passed the Senate during an extended sitting late into Tuesday night.
The Clean Energy Council (CEC) has released a roadmap for energy storage in Australia. According to CEC, the “Australian Energy Storage Roadmap” outlines the path the country should take to study the effects of energy storage both for electricity customers and the renewable energy industry.
The Portland Water Bureau and Lucid Energy, a provider of renewable smart water infrastructure, have turned one of the city’s major water pipelines into a generator of renewable energy.The system uses the gravity-fed flow of water inside the city-owned pipeline to spin four 1-metre turbines that are now producing electricity for Portland General Electric customers, helping promote renewable power development.
The European Commission (EC) is again increasing their support of renewable energy within the European Union (EU). The commission has determined that a new Portugese project falls within the scope of EU state aid rules. The project will include a variety of renewable projects, including wave energy, tidal energy, and offshore wind. The commission found that “the project would further EU energy and environmental objectives,” as defined by the 2014 Guidelines on State aid for environmental protection and energy adopted by the EC.
On Tuesday, just hours before the start of Earth Day, Congress showed there is bipartisan support for smart energy policy. By voice vote, the House of Representatives passed the Energy Efficiency Improvement Act of 2015, which mandates energy efficiency improvements through stronger residential and commercial building codes and other means. The Senate passed the measure in March and it now goes to President Obama for his signature.Passing the bill is a promising sign, but it should be the beginning of a new congressional approach to clean energy, not a laurel upon which Congress can rest. A significant number of the world’s most respected economists believe that renewable energy will be one of the most dynamic and profitable sectors of the global economy in the next 100 years. Nations that provide either mandates or private-sector incentives to develop and commercialize renewable energy technologies through tax credits, loans and innovation funding will have a significant economic advantage over those that do not.