Summary: We recently published an article on Solar Power World on why we''re optimistic about commercial storage in 2021 and we teamed up with them to discuss why developers should be continuing to push into C&I storage. In this webinar, we dove into identifying the characteristics of the most attractive commercial & industrial (C&I) energy ...
Consequently, the focus in the overseas household energy storage market has shifted towards inventory consumption. According to data from the General Administration of China Customs, the number of exported solar inverters in November surged to 3,803,000, marking a substantial 22% increase compared to the previous month.
Video. MITEI''s three-year Future of Energy Storage study explored the role that energy storage can play in fighting climate change and in the global adoption of clean energy grids. Replacing fossil fuel-based power generation with power generation from wind and solar resources is a key strategy for decarbonizing electricity.
1) Clean energy solutions are a smart investment. Fossil fuels used to be less expensive than cleaner energy, but this is changing. Renewables are becoming more affordable every year, and some options are now cheaper than fossil fuels. The price of solar has decreased by 89 percent since 2010.
In this webinar, we dove into identifying the characteristics of the most attractive commercial & industrial (C&I) energy storage projects, including rate tariffs, incentives, and load profile types. Plus, how developers and host customers can best capture the other value streams that ESS delivers, including resiliency/backup power, grid services, and future-proofing …
This chapter explores and critiques technological optimism and the sociopolitical appeal of technological fixes with regard to energy and climate mitigation. The term "technical fix" is frequently used by academics and activists to describe the application of a technological solution to a social problem, where a reductive problem definition leads to only a partial …
Listen to this episode from Renewable Energy SmartPod on Spotify. The battery energy storage sector was already in a strong position before the Inflation Reduction Act. Now, the industry is charging up for a boom.Mike Wietecki, Senior Vice President of Strategy and Regulatory Affairs at Powin, joins the show to share his insights on the technology and …
In 2009, BYD constructed China''s first lithium-ion energy storage station in Shenzhen. In the ten years since that first project, the energy storage industry has seen ups and downs and all number of difficulties as stakeholders and leading enterprises have worked to bring energy storage from the dem
Faith Birol, the Executive Director at International Energy Agency (IEA), is confident in our ability as a society to transition to cleaner energy. He outlines five key trends, from the reducing cost of solar power to companies stepping up, that should give us cause to be optimistic. But there are challenges to overcome, including tackling ...
There are a lot of reasons to be optimistic about the future growth of the commercial and industrial (C&I) energy storage market. At Energy Toolbase, we have seen this market up-close over the last 6 years, including a lot of the fits and starts. As we head into 2021, we are seeing several trends that make us bullish on the market.
2021 proved to be a volatile year for energy transition equities as supply chain bottlenecks, logistics disruption and inflationary pressures all around the world weighed on company earnings and valuations across the energy transition universe.
Alberta is investing $1.24 billion for up to 15 years in the Quest and Alberta Carbon Trunk Line projects. Despite some challenges, both Paton and Morin are positive about the future of CCUS and Canada''s role as a major player. "I''m optimistic we can do this right, and it will benefit all of us as Canadians," Morin says.
Some of the world''s giant tech companies are also upping their game, investing in renewables and areas like energy storage and fuel cells. Innovation is gathering steam. Most major economies expanded their public budgets for clean energy research and development in 2018 and 2019 much more rapidly than their rate of economic growth.
Unfortunately, we don''t have the luxury of a long run. We have already achieved many energy breakthroughs. We need to achieve more, faster, to avoid a climate disaster. Bill Gates shares thoughts on the state of the world''s progress in the effort to reach net-zero carbon emissions and avoid a climate disaster.
Energy-Storage.news'' publisher Solar Media will host the 8th annual Energy Storage Summit EU in London, 22-23 February 2023. This year it is moving to a larger venue, bringing together Europe''s leading investors, policymakers, developers, utilities, energy.
"This recent development will create near-term challenges, but we remain optimistic on the long-term outlook for the business. We have a leading position in multiple regions and see opportunities across our geographic footprint for our fleet of rigs," emphasized Mullen.