August 17, 2011 - Energy storage has long been touted as the silver bullet needed for widespread renewable energy adoption but costs have remained high. Today, several projects hold promise.
Grid-scale energy storage is gaining momentum as batteries, flywheels and compressed air systems begin proving they can regulate frequency and ancillary services with the same efficiency of "spinning reserves" from fossil fuel-fired power plants.
“We still hear people say storage isn’t ready for primetime, but that isn’t the case because we already have 20-MW storage plants being built all over the country,” said Brad Roberts, executive director of the Electricity Storage Association (ESA).
As more renewable energy hits the grid, generators and independent system operators are looking to new storage systems to provide emissions-free backup and regulation when intermittency interrupts solar and wind power.
“We are interested in the potential of battery storage to be a game changer in our industry in both regulated utilities and commercial businesses,” said Greg Efthimiou, spokesman for Duke Energy, which operates more than 1,000 MW of wind farms.
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The Notrees battery system is funded by a $22 million grant from the U.S. Department of Energy (DOE) and matching funds from Duke Energy, which will use Austin-based Xtreme Power’s proprietary dry cell technology.
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Wednesday, August 17, 2011
Energy Storage Industry Grows
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