Battery Electric Storage
Carbon-free electricity proponents envision a massive portfolio of wind and solar generation supported by some type of storage. In theory this can work, but the reality is that long-term battery storage isn't practical.
CAISO is proposing to raise the soft offer cap in its market from $1,000/MWh to $2,000 to accommodate the bidding needs of battery storage and hydro resources in time for operations this summer.
The promise of doing well for both the environment and the economy and the obstacles to doing so were highlighted as the 2024 edition of New York’s energy storage industry conference opened.
NERC’s 2024 Summer Reliability Assessment found that every region has met its reserve margin targets but that many areas would face difficult operations in lengthy, widespread heat waves.
The Public Interest and Environmental Organization User Group discussed generation deactivations, filing rights over regional planning and long-term transmission projects with the PJM Board of Managers.
Energy storage resources bailed out the ERCOT grid May 8, providing a record amount of energy to help the Texas grid operator through the first tight conditions of the maintenance season.
ERCOT says recent changes to the calculations used to determine ERCOT contingency reserve service have resulted in smaller quantities of the product this year and stalled the need for further modifications.
Interconnection requests across the U.S. shot up by 30% in 2023, with close to 2,600 GW of solar, wind and storage waiting to land a spot on the grid.
While their net-zero emission targets might not kick in until the 2030s, the power industry already is dealing with the issues they create, panelists said at the Electric Power Supply Association’s Competitive Power Summit.
2023 began with a mild winter, setting the pace for a relatively quiet year in which natural gas and wholesale electricity prices dropped and the U.S. added a net 26 GW in generation capacity.
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