New products in focus at the WORLD OF ENERGY SOLUTIONS 2016: The trade fair is a reflection of the growing dynamic of carbon-free storage and drive technologies
GTI Team Selected by U.S. Department of Energy to Lead an $80M Supercritical CO2 Pilot Power Plant Project
sonnen secures $85 million in growth capital and gains new partners in creating the future of energy
Michael McDonald for OilPrice.com: In the future, when investors look back at the year that represented the turning point for clean energy, 2016 may be it. The industry overall is growing at a breath-taking pace, but perhaps not for the reason that some investors think. Energy storage rather than solar power and wind power are the real factors that are driving a revolution across the electrical power industry.
Energy storage changes the equation, not only in the renewables space, but in the conventional utility space as well. The concepts of spin/non-spin reserve costs, peaker prices, and a variety of other conventional concerns for utilities, lose meaning in the context of efficient and cost-effective energy storage. While energy storage was available previously, it’s only today that costs are coming down substantially. Tesla’s economies of scale on battery storage are well-known, but small start-ups like Orison are finding ways to lower costs in innovative ways as well. The graphic below from a recent EPRI presentation highlights the role that multiple layers of costs savings can play in creating economical battery storage. Cont'd...
SUNCNIM has Raised €60 Million to Finance the World's First Fresnel Renewable Energy Thermodynamic Power Plant with Energy-Storage Capacity
Lorraine Chow for EcoWatch: The race to build the world's largest solar power plant is heating up. California-based energy company SolarReserve announced plans for a massive concentrated solar power (CSP) plant in Nevada that claims to be the largest of its kind once built.
SolarReserve CEO Kevin Smith told the Las Vegas Review-Journal that the $5 billion endeavor would generate between 1,500 and 2,000 megawatts of power, enough to power about 1 million homes. That amount of power is as much as a nuclear power plant, or the 2,000-megawatt Hoover Dam and far bigger than any other existing solar facility on Earth, the Review-Journal pointed out.
"It's a big project," Smith told the publication. "It's an ambitious project." Cont'd...
Records 196 to 210 of 2432