Topic: Energy Storage

Energy Storage Articles

Riding the Hype Cycle: Is Blockchain Still Key to a Better Energy System?

As more traditional venture capital and strategic investors are beginning to evaluate blockchain for the energy industry, feasible near-term use cases such as carbon credit tracking or management of utility assets may offer more immediate returns than ventures seeking to fundamentally reshape electricity markets around peer-to-peer trading.
External News

Canada’s e-Zn Raises Millions to Commercialize Long-Duration Zinc Energy Storage

Canadian startup e-Zn has raised money to store clean energy far longer than currently available batteries allow by using cheap and abundant zinc. The company received CAD $2 million (USD $1.5 million) in non-dilutive grant funding from Sustainable Development Technology Canada, a federally funded body charged with vetting and funding cleantech hardware innovation.
External News

Batteries vs. Blackouts: 1,100 Homes Powered Through Vermont Outage With Storage

A major rain and wind storm struck the state at the close of October, knocking out power to some 115,000 customers. Among those affected, 1,100 homes managed to keep the lights on thanks to pilot programs specifically designed to promote resilient backup power with energy storage.
External News

Vehicle-to-Grid Technology Is Revving Up

Utilities are eyeing vehicle-to-grid technology as a way to help fortify the grid and reduce operating costs while meeting renewable-energy goals, making use of the batteries in vehicles that spend more than 90% of their lives off the road and unused.
Commentary

Opportunity Zones Could Boost Clean Energy

Opportunity zones, part of the Tax Cuts and Jobs Act, allow investors to place their capital gains in legally established funds for projects in economically distressed areas defined by the federal government. A secondary attribute, appealing to clean energy developers, is that opportunity zone funds can be used for solar, microgrids, electric vehicle charging stations and energy storage.
Commentary

Europe’s Storage Market Set to Grow, Along With Merchant Risk

Europe’s energy storage sector is on the cusp of big new opportunities, but first, it will need to get comfortable with merchant risk. Large-scale systems are seeing new potential revenue streams at the EU level and in some markets at the national level as well. But exploiting such opportunities will require navigating increased risks, said Rory McCarthy, senior storage analyst at Wood Mackenzie.