Topic: Energy Storage

Energy Storage Articles

Purple flower

Climate Finance Is Failing to Reach a Local Level, Study Finds

As world leaders met in Bonn, Germany in November for COP23, the challenge of climate finance projects in developing countries took center stage. A second challenge receives less attention: fewer than 10 percent of development finance from international climate funds reaches the local level. This finding is presented in a paper called “Delivering Real Change: Getting International Climate Finance to the Local Level.” It was published by the International Institute for Environment and Development (IIED), a London-based policy-research group.
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Juggling Approaches to Power Procurement

From batteries to blockchain, the energy sector is enjoying a period of rapid innovation with new technologies coming to market that carry the potential to upend traditional electric infrastructure and business models. Yet electric utilities and other electricity providers have been slow to adopt these novel technologies largely because they lack the information to fully weigh their options.

The Clean-Energy Vanguard of US Industry

In the face of United States federal inertia regarding the Paris Agreement, a cluster of initiatives driven by corporations and NGOs has sprung up to help maintain forward momentum. These initiatives are drawing together large collaborative networks to set higher goals.
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Electricity Evolution: Meet the Ringmasters

When Tesla unveiled the utility-scale Powerpack battery in 2015, analysts and observers excitedly proclaimed the product’s low price point would revolutionize electric grid operations and business models as it set new cost benchmarks for energy storage. But despite the hype, the reception from utilities was tepid at best. This experience is not unique to Tesla. It leads to a big question: What’s stopping utilities from quickly pivoting to new energy technologies? Unlike other industries that can quickly adopt new technology, utilities and their regulators must make more cautious deliberations.

Clean Energy's Role in Recession Recovery

Although clean energy may not take center stage as the star employment generator in the Great Recession recovery, it plays an important supporting role, according to Jim Barrett, chief economist at American Council for an Energy-Efficient Economy. This goes above and beyond the economic benefits of climate protection reported by the United States Environmental Protection Agency.

Developing Nations Build Distributed Energy Solutions

Adoption of solar power and microgrid technologies has been on the rise in frontier and growth markets. This trend results from declining equipment costs and increasing support from development funds, government programs, and impact investors. But there is much room to fill. There are as many as 1.1 billion people around the globe who still don’t have access to a reliable supply of electricity. Microgrids can help address the issue without expensive transmission and distribution infrastructure.

Clean Energy Trust Works to Replace Venture Capital

Is the sun rising on a new opportunity in Chicago that may fill the venture capital (VC) gap for clean energy startups? On Aug. 1, the United States Department of Energy (DOE) Innovative Pathways Program announced funding for 11 organizations that are advancing emerging technologies and leveraging private capital. Benjamin Gaddy, director of technology development at Clean Energy Trust, spoke with Clean Energy Finance Forum about the award his accelerator has received. He also said his team’s projects are bringing fresh energy to the regional and national market.