Developer Solvent Energy is talking to investment bankers with a view to selling some of a 2.5GW portfolio of battery energy storage system (BESS) projects in ERCOT, Texas. The 2.5GW portfolio comprises 13 standalone 2-hour BESS projects mainly in the ERCOT West, North and South regions with West seeing the greatest price volatility due to a high renewable generation portfolio.
The Woodlands-based company is building new facilities in Pecos, Hidalgo and Comal counties that can store enough power for 280,000 homes during peak demand.
A report by GridLab and IdeaSmiths suggests 10 GW of additional solar panels could have powered one million homes for up to eight hours during Texas Winter Storm Uri.
The independent market monitor for the Texas power grid is stepping down after clashing with officials over what she called “artificially” inflated energy prices.
Clean tech developers are favoring separate battery stations to capitalize on Inflation Act incentives and grid benefits, curbing activity in hybrid wind storage for now.
For our list of 20 states that produce the most wind energy, we consulted the most recent wind power generation data provided by the U.S. Energy Information and Administration.
The Environmental Protection Agency (EPA) has spoken: the Good Neighbor Plan was finalized on March 15, 2023. This rule continues EPA’s Cross-State Air Pollution Rule (CSAPR) for the 2015 ozone National Ambient Air Quality Standards (NAAQS) and requires initial reductions from Electric Generation Units (EGUs) beginning in the 2023 ozone season (May 1-September 30).
The Inflation Reduction Act of 2022 (IRA) created a 10% tax credit adder to encourage the use of “domestic content” in renewable projects that qualify for the production tax credit (PTC) and investment tax credit (ITC).
Dominion Energy will pilot the deployment of a novel metal-hydrogen battery, making it the latest new non-lithium technology the US utility is trying out.
Scientists have found a way to speed up proton transport across graphene using light. The innovation could open up new avenues to producing green hydrogen.
Solar generation in ERCOT, the independent system operator that serves about 90% of electricity demand in Texas, jumped 46% in January.
The growth is being fueled by a range of sectors, including artificial intelligence, data centers, industrial electrification, hydrogen and electric vehicles, said ERCOT President and CEO Pablo Vegas.
With a lull in new wind installation, the sheer amount of new solar added to the Texas grid has changed the shape of the daily electricity supply.
Developers are installing larger batteries in Texas, with or without solar, capitalizing on cost savings to maximize power revenues.
In unison with the region's fast-expanding solar and wind generation fleets, utility-scale battery energy storage in the Electric Reliability Council of Texas Inc. service territory is projected to grow exponentially over the next decade.
Over the next five to six years, the power demands on the Texas-only Electric Reliability Council of Texas (ERCOT) grid are expected to grow from 85.5 gigawatts (GW) to potentially 150 GW, said Kristi Hobbs, the organization’s vice president for system planning and weatherization.
