Parker Power Conversion Technology Now Operating in Two Large Scale Energy Storage Projects in Europe
Northern Power Systems' advanced power converters selected by UniEnergy Technologies for a major energy storage project providing grid reliability
Brad Reed for BGR: We typically think of carbon dioxide as an unhealthy byproduct of our over reliance on fossil fuels. But what if CO2 could be used to help us move away from fossil fuels and toward renewable energy sources? GE Global Research has been working with the U.S. Department of Energy to come up with a way to use excess carbon dioxide produced by power plants to store extra solar power and deliver it back to the grid for later use.
There are two major components to this solar power storage system: The first component captures solar energy and keeps it stored in molten salt, while the second component takes surplus electricity from the grid to cool off carbon dioxide to the point where it becomes dry ice. To keep the solar energy stored, the molten salt will then be released into the CO2, which will act as a battery capable of deploying power when needed.
The CO2-molten salt mixture will then flow through a specially designed CO2 turbine that GE says “can generate as much as 100 megawatts of ‘fast electricity’ per installed unit.” The advantage of this system is that these turbines would be able to operate at night when there’s no solar power being directly absorbed. Cont'd...
Novel Israeli Iron Flow Energy Storage Solution Will Drive Down Costs and Optimize the Use of Renewables
Energy Storage Association and USTDA to Host International Trade Delegations at 26th Annual Conference and Expo
Peter Maloney for UtilityDive: The U.S. energy storage market put in a strong showing in 2015 with its “best quarter and best year of all time,” according to the GTM/ESA report. And current market trends point toward continued strong growth.
The recent extension of the federal Investment Tax Credit, and new guidelines under consideration at the Internal Revenue Service are expected to further boost energy storage and the pairing of storage with renewable resources.
In the fourth quarter alone, the U.S. deployed 112 MW of storage capacity, representing more than the total of all storage deployments in 2013 and 2014 combined.
For the full year, 221 MW (161 MWh) of storage was installed. In 2014 65 MW (86 MWh) of storage was installed in the U.S. Cont'd...
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