Cornwall Insight comments on negative wholesale prices recorded for the first time
On 9 December the UK experienced a negative day-ahead trading price for the first time, with prices for 03:00 AM to 04:00 AM UTC delivery on the hourly day-ahead auction dropping to -£2.84/MWh.
Exceptionally high wind generation in Great Britain (GB) throughout the weekend combined with low demand levels, saw outturn day-ahead hourly prices turn to this record level. Cornwall Insight looks at what this means for the energy industry.
Highview Power and Encore Renewable Energy to Co-Develop the First Long Duration, Liquid Air Energy Storage System in the United States
Northern Vermont facility will help put more renewable energy on the region's electric grid
Ionomr Innovations Increases Seed Financing by $3M to Secure Rapid Growth of Its Key Enabling Products for Next Generation Carbon Free Emission Vehicles and Energy Storage
Funding accelerates commercialization of breakthrough clean energy innovation
Enphase Energy Deploys One-Millionth Microinverter-Based Solar System
Real Goods Relocates To Ukiah
Real Goods, the California-based original purveyor of off-grid living supplies, has relocated to Ukiah, California. The move follows the company's acquisition by altE Store in September of this year. Real Goods' second ever store was also located in Ukiah.
Noodoe EV Charging Technology To Be Featured at CES - Charger's OS Technology Highlights 'Taiwan Excellence' Booth
Noodoe EV, a global leader in electric vehicle (EV) charging technology, will highlight its smart OS technology as part of the Taiwan Excellence Booth at the Consumer Electronics Show January 7-10, 2020 in Las Vegas. The booth is located at LVCC South Hall 4 - Booth 36021.
HDF Energy Installs Ballard 1MW Fuel Cell System in Martinique
Hydrogène de France, an Independent Power Producer dedicated to renewable power generation, has installed and inaugurated a Ballard 1-megawatt containerized fuel cell system in Martinique, an overseas region of France located in the Caribbean
An extra incentive in RESS-1 support scheme
The new Renewable Energy Support Scheme (RESS) will provide support to renewable electricity projects in Ireland. The scheme will be a competitive auction-based funding mechanism with a primary focus on cost-effectiveness. The RESS-1 auctions are actively targeting between 1TWh - 3TWh of renewable energy that can be delivered ahead of 2022.
OutBack Power™ Gives Up To 24 Percent Discount on Lithium-ion Battery Storage Systems to California Residents to Address Wildfire Blackouts
As preemptive power outages usher in a new normal for California, consumers can save on three packaged solutions for backup power until March 31, 2020
Ginlong Solis and LG Chem Partner to Offer Solar-Plus-Storage Solutions for Homeowners
Ginlong Technologies, leading manufacturer and supplier of Solis PV string inverters, announces its partnership with LC Chem. The Solis Residential Hybrid Inverter is now fully compatible with LG's RESU 48V line-up to provide stable, reliable home energy storage to customers in the U.S. and other global markets.
Sunverge Announces Support of Ecobee, Honeywell and Owon Smart Thermostats
Sunverge's advanced DER control and orchestration platform is now integrated with three of the leading smart thermostats for intelligent and adaptive home energy management
New Balancing Mechanism entrants expected
National Grid ESO's project Wider Access - a project to increase accessibility to the Balancing Mechanism (BM) - is scheduled to go-live on 11 December 2019. Cornwall Insight has reviewed the recent activity of aggregated units and batteries in the BM and what impact this project will have on new entrants.
The SMA America Energy Storage System Is Among First Residential Systems Approved by the California Energy Commission
The California Energy Commission (CEC) has accepted the SMA Energy System Home among the first solutions to be listed on the CEC Energy Storage System (ESS) List.
Battery Pack Prices Fall as Market Ramps Up With Market Average at $156/kwh in 2019
Cost reductions in 2019 are thanks to increasing order size, growth in battery electric vehicle sales and the continued penetration of high energy density cathodes. The introduction of new pack designs and falling manufacturing costs will drive prices down in the near term.
Solar FlexRack Selected to Supply 105 MW Solar Project in North Carolina for Cypress Creek Renewables
Solar FlexRack's G3L-X Fixed Tilt Racking Installed in Cypress Creek Renewables' Pender County Solar Power Plant
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