We talk a lot about investing in the future, and for so many businesses, that means investing in energy. How we power our facilities doesn’t just change the bottom line; it changes the world. As we move into 2021, we’re looking to keep close tabs on that investment from the perspective of companies creating the technology that will save the world. Continue reading “Big Investment In Long Duration Energy Storage”
At the tail end of December, Congress passed a COVID relief bill that included a number of important packages targeted at renewable energy. While the bill didn’t include everything that the industry needed, it did extend and expand some important elements of what is growing the market into 2021, just in time for a new administration to rev things up. Continue reading “What’s In The COVID Relief Bill For Renewables”
Across the country and around the world, coal is being set aside as the primary energy producer for grid-scale suppliers. In Indiana, that’s meant a sizeable investment in energy storage that will save consumers millions. Continue reading “Indiana Might Be The Next Energy Storage Hotbed”
California is a big state with even bigger energy needs. That means many of its green and sustainability goals appear daunting, but the technology is there. What will it take for California to go carbon neutral? Storage. Continue reading “California’s Energy Storage Road Map”
Sometime last year, our Monday morning meeting got a little off track. Normally, these meetings are designed to kick off the week and set out a road map on how to get everything done, and give our teams the resources they need to go above and beyond. The topic that got us off topic was microgrids. Continue reading “Microgrid Island: Tasmania’s Small Sustainability Project”
In a recent call with a client, we heard a facilities manager dismiss a move to create their own microgrid. The technology was there, the interest was there, the plan was there, but he was still nervous. He didn’t want to be ‘on an island’. Continue reading “An Island With A Bridge: Microgrids Plug Into Utilities”
The world of solar power is changing at lightning speed, and in just the past few months, the energy section has seen the benchmark shift in the king of renewable energy. Instead of looking at size and scale, the new battleground in solar is in price, and it’s cheaper than ever to provide renewable energy. Continue reading “Solar Power Progress Benchmark Goes From Size To Price”
When we’re talking about energy storage, we’re talking about growth. For decades, businesses and municipalities balked at the idea of sustainability and alternative energy under the false fear of cost. Renewables are no longer inefficient, expensive, or too complicated for a facility or utility to incorporate into what is already in place.
Energy storage is coming, and it isn’t just coming to small-scale applications, either. A recent report found that grid-scale energy storage is forecasted to grow, and grow fast. By 2028, experts believe energy storage will increase by as much as 35%. That would put its capacity at a whopping 22,909 kWh.
Two big factors in this growth pattern come down to technologically improvements in solar power and the energy storage batteries themselves. Providing more efficient solar panels paired with batteries that can adjust to even dynamic load changes mean that the gradual move to a more decentralized energy grid is picked up pace. Energy won’t move in a single direction on these new grids, either. Instead, energy will flow to where demand is, moving from energy production and storage facilities no matter where they are on the grid.
As we’ve noted before, all of us will play a role in this new “energy cloud”. From our phones to our cars to hour homes to our businesses, we’ll all be a part of what is essentially a push-and-pull to meet the dynamic energy needs of the connected consumers.
Energy storage at every level will be crucial, and the grid-level capacity needed to make these smarter, more sustainable grid really work is on the way.
It’s easy to see energy storage as a massive challenge, and it’s also one that doesn’t get a lot of attention. In spite of the tremendous potential and impact of comprehensive energy storage, it’s not the eye-catching topic that garners headlines or an appropriate level of investment. What does? The secret to energy storage; electric vehicles. Continue reading “The Energy Storage Solution That Might Be Parked In Your Garage”
The East Coast has led the way in energy storage in the past few years and even a sky-high overview of some of its 2019 projects offer a way forward for other regions to follow suit.
It’s no surprise that states like New York and Massachusetts, home to massive populations and energy usage, have been pioneering the way forward in adding energy storage to its toolbox of answers for the future. One company, Nexamp, now holds the reins to 40% of the New York SUN project, a full 51MWh.
New York has committed to nearly $290 million in energy storage, with a goal of boasting a full 3 GWh by 2030. It’s an ambitious timeline, but with the right investment and technology, experts are confident that New York can get there on schedule.
The New York project is one of a half-dozen sites on the east coast that are pursuing energy storage applications on a grid scale. Massachusetts’ MA Smart is a similar project that is built around declining credits as energy needs are met and sustained. That effort will see the end of its first full year of operations on November 26 and will offer a glimpse of how such a scheme has impacted the energy needs of its users.
Energy storage is the ideal platform to add on renewable energy sources like solar and wind because it allows you to store excess production on your own terms, lowering your KWh rate on the grid and giving business more control with load shedding and dealing with peak demand. It’s one tool we’re excited to bring to companies looking to invest in themselves and in the future!
There are a lot of amazing things happening in the world of energy storage. Want to learn more about how Keen Technical Solutions can find the first answers to your energy environment? Give us a call and let’s get started.