Connect with us



Energy storage business figures had been amongst attendees at a celebration occasion on Tuesday on the White Home, marking the passage of the Inflation Discount Act.

The occasion occurred one month on from US President Joe Biden’s signing of the act. The laws contains US$369 billion of measures to advance the nation’s clear energy progress, with the standout from an energy storage perspective being the inclusion of an funding tax credit score (ITC) for standalone energy storage.

It additionally contains manufacturing incentives for clear energy applied sciences together with {solar} PV and batteries, with an emphasis on supporting the home worth chain and native labour.

“We’re going to take essentially the most aggressive motion ever, ever, ever to confront the local weather disaster and enhance our energy safety,” Biden stated throughout a speech on the occasion.

As reported by our sister website PV Tech, many main executives from the solar industry attended the celebration on the White Home garden, comparable to Dan Shugar, CEO of {solar} tracker agency NEXTracker. Shugar stated that it was now time for the business to ship on creating US manufacturing capability, jobs, reducing energy prices for purchasers and growing US energy safety and air high quality.

From the energy storage facet, Jason Burwen, VP for energy storage on the American Clear Energy Affiliation (ACP) – and former interim CEO of the Energy Storage Affiliation which lately merged with ACP – was there.

Burwen stated he was “thrilled to rejoice” with Kiran Kuraswamy, VP of progress and head of business at system integrator and know-how supplier Fluence. Kuraswamy is a board member of ACP.

Kuraswamy supplied updates concerning the IRA and concerning the occasion because it occurred through Fluence’s LinkedIn web page, calling it “an extremely profound and celebratory event for therefore many people who’ve been dedicated to driving change ahead for the energy business”.

“Essentially the most urgent disaster of our time is on our shoulders – and the current spike in droughts, floods, warmth waves, and different main climate occasions is a obvious signal that we have to do higher NOW,” he wrote, including that he hoped the IRA illuminated the necessity for governments world wide to behave.

Others in attendance included Lindsay Gorrill, CEO of US-based battery and energy storage system producer KORE Energy, which is presently constructing a 12GWh gigafactory in Arizona. Gorrill posted to his LinkedIn that he believed the Inflation Discount Act “is a important piece of laws for the US to develop its personal provide chain,” in addition to an “unbelievable carry” to corporations like his.

Alex O’Cinneide, CEO and founding father of Gore Avenue Capital, a UK-headquartered agency which invests in and develops large-scale front-of-the-meter energy storage belongings, lately expanded into the US market, stated he was “a little overwhelmed but additionally proud” to symbolize his firm on the celebration.

The Act’s local weather provisions are “globally vital,” O’Cinneide posted.

The occasion’s guestlist included representatives of renewable energy and energy storage builders like Cypress Creek Renewables, AES Clear Energy and Clearway Energy Group and know-how suppliers like Kind Energy and GE Renewable Energy, alongside lawmakers, financiers, activists and lots of extra.  

Beneath is a helpful checklist of a few of our protection of the Inflation Discount Act thus far at Energy-Storage.information.

28 July 2022: Manchin-Schumer-backed Inflation Reduction Act includes ITC for energy storage

8 August 2022: US Inflation Reduction Act: Biden looks forward to making biggest-ever climate investment

9 August 2022: Inflation Reduction Act could mean the end of ‘dumb’ solar-plus-storage hybrids

11 August 2022: What the Inflation Reduction Act can do for energy storage, a lawyer’s viewpoint

15 August 2022:Inflation Reduction Act passes: Climate action, energy security, and economic recovery start today

17 August 2022: Energy storage industry hails ‘transformational’ Inflation Reduction Act

17 August 2022: Inflation Reduction Act prompts Turkish company to increase US gigafactory output to 3GWh

18 August 2022: Inflation Reduction Act: Fluence expects US battery cell production onshoring to accelerate

22 August 2022: Will the US Inflation Reduction Act boost demand for flow batteries?

Go to PV Tech to comply with our colleagues’ protection of the laws from a solar PV industry perspective.

Source link

Continue Reading

Grid Edge

CellCube partnership developing flow battery for Australia market




European vanadium circulate battery model CellCube has fashioned an R&D partnership in Australia in anticipation of building a presence within the nation’s long-duration energy storage market.

CellCube is the buying and selling/model title for Austria-headquartered expertise supplier Enerox. The corporate has partnered with BESS Analysis, a researcher of battery configurations.

The 2 will collaboratively work out how CellCube vanadium redox circulate batteries (VRFBs) might assist meet the necessity for twenty-four/7 low carbon energy in Australia, starting with a pilot deployment of a 2MW/8MWh VRFB system.

The businesses anticipate with the ability to develop and roll out a localised model of the CellCube VRFB system for the Australian market, claiming it might be prepared and on sale by H2 2023. They are going to initially goal the business and industrial (C&I) microgrid phase that CellCube can be pursuing alternatives in elsewhere on the planet.

CellCube stated C&I entities in Australia are actively on the lookout for energy storage with length in extra of 4 hours to allow decarbonisation of their operations.

The corporate anticipates advertising the circulate battery expertise, which it considers to be sturdy in addition to lengthy length, to prospects with industrial services situated in distant areas with harsh climates and a necessity for versatile energy storage that may carry out a number of functions.

BESS Analysis will procure the mandatory elements, software program, and repair options for the pilot deployment from CellCube and will adapt or add parts to the VRFB design to fulfill particular wants of the Australian market.

Stream battery R&D on the forefront

Having the ability to supply and scale uncooked supplies and element provide is a vital facet of commercialising any expertise and though the vanadium flow battery was actually invented in Australia, Windimurra, the nation’s solely working vanadium mine, went out of enterprise some years in the past.

Situated in Western Australia, the co-developer of that plant is definitely concerned within the new VRFB partnership. Andrew McKee is now managing director at Nanomem, a membrane expertise firm.

Nanomem helps CellCube and BESS Analysis to enhance the proton change membrane that types a key a part of the VRFB system design in addition to securing localised vanadium electrolyte provide.

It has additionally been a acknowledged goal of the nationwide and varied state governments of Australia to develop experience and an industrial base for manufacturing batteries, including lithium-ion and flow batteries.

That was the case even earlier than the current election of climate-friendly Prime Minister Anthony Albanese of the Labor Get together, who set Australia’s first nationwide clear energy targets, aiming for 82% renewables by 2030.

With government financial support disbursed to help these efforts, varied entities have been creating each vanadium production, processing and electrolyte manufacturing facilities within the nation. CellCube formed an agreement with one of those, Australian Vanadium, in 2020. That stated, maybe the best-known circulate battery firm based in Australia so far is Redflow, which makes techniques primarily based on zinc bromine electrolyte, not vanadium pentoxide.

“We face a excessive demand for double-digit megawatt storage techniques in distant areas,” Nanomem’s Andrew McKee stated.

“Australian prospects need to see a profitable proof of idea mission with a megawatt battery storage delivering energy and energy for a number of hours – a whole storage expertise coated by bankable efficiency ensures and with the power to leverage finance by energy buy agreements (PPAs).” 

Different markets CellCube is concentrating on embody the US. In the direction of the start of this 12 months the corporate agreed a five-year vanadium electrolyte supply deal with producer US Vanadium. CellCube arrange a US subsidiary in May and introduced a 2MW/8MWh C&I microgrid project in Illinois a few months later.

In Might, CellCube signed a 1GW, five-year VRFB deployment settlement with South African energy asset developer Kibo Energy. South African major vanadium producer Bushveld Minerals’ energy storage subsidiary additionally holds a stake within the VRFB participant.  

“We’re excited that the Australian authorities has put R&D on the forefront of their monetary help to strengthen the localisation of expertise and manufacturing to realize net-zero with an Australian worth chain. This cooperation follows our enterprise technique to determine regional choices and dealing with native provide chain companions to construct megawatt microgrids in our key markets,” Alexander Schoenfeldt, Enerox/CellCube CEO stated.

“As began in North America and South Africa, we are actually eager to begin enterprise in Australia and, as such, mobilising key workers to construct native data and groups and worth in Australia for the Australian market.”

Source link

Continue Reading

Grid Edge

Electric school buses to provide grid reliability in PJM market



electric school buses

Distributed energy useful resource (DER) platform Voltus and Highland Electric Fleets have partnered to ship grid reliability providers to the PJM, US, market utilizing electric college buses and vehicle-to-grid (V2G) know-how.

The 2 will cooperate to ship grid reliability to the PJM wholesale electrical energy market utilizing electric college buses from Montgomery County Public Colleges (MCPS) in Maryland, which covers some 160,000 college students.

Maryland is one in every of 14 US states that are served by regional transmission organisation (RTO) PJM, all within the northeast of the nation.

A press launch stated the deal represents the biggest procurement of electrical college buses of any college district in North America to-date, with MCPS’ fleet being the biggest.

“Faculty districts like MCPS are main the way in which in fleet electrification, delivering not solely more healthy transportation for college kids but in addition offering assist for native and regional electric grid reliability,” stated Ben Schutzman, vice chairman of fleet operations at Highland, which presents full-service electrification options for fleets of automobiles.

“Partnering with Voltus permits us to supply one other worth stream to high school districts, additional reducing the price of upgrading to electric and in addition supporting elevated renewable energy penetration by making the bus batteries obtainable to utilities and wholesale electrical energy markets after they’re not getting used to move college students,” he added.

Dana Guernsey, Voltus’s chief product officer, stated that your entire US college bus fleet would add 29GW of latest electric demand throughout 480,000 buses, including they had been an ideal use case for electrification.

Electrified college bus fleets additionally provide an awesome alternative for V2G know-how, because of bigger battery sizes and extra predictable planning of discharging and charging schedules, in contrast with shopper electric automobiles (EVs).

Voltus’ platform connects almost 2.6GW of DERs to electric markets, the corporate claimed.

One other firm energetic within the V2G area, Nuvve, is also eyeing applications for school buses as Energy-Storage.information lately reported.

Scholar transport provider Zum Companies and AI-driven DER software program firm AutoGrid introduced final yr that they might partner to bring 10,000 electric school bus batteries in the US into a virtual power plant resource.

One of many earlier examples was a mission from Chinese language battery provider BYD, utilizing the batteries of 100 vehicles in the UK to provide 1.1MW of energy to the grid for balancing services in 2020.

Source link

Continue Reading

Grid Edge

Energy Vault and Jupiter Power MOU for 2GWh+ of battery storage



jupiter power

Gravity-based energy storage firm Energy Vault has introduced one other battery energy storage deal, agreeing to work with US developer Jupiter Energy for two.4GWh of methods.

The pair will “expeditiously collaborate to safe 2.4GWh of provide chain gear and providers that shall be built-in and delivered by way of Energy Vault’s {hardware} and software program administration platform in Jupiter Energy’s battery energy storage initiatives,” learn a media assertion.

They can even decide to supporting US-based manufacturing for Jupiter’s battery storage initiatives throughout the US. The initiatives are anticipated to succeed in business operation in 2024 and 2025.

Energy Vault mentioned it’ll concentrate on maximising US localisation for the energy storage gear that can qualify for the Inflation Reduction Act’s (IRA) investment tax credit, the Home Content material Bonus Credit score.

The 2 firms will work to make sure such amenities are sited in “Energy Communities” areas, that are being prioritised for funding by the IRA. These embrace brownfield coal websites and different economically deprived areas.

“Because of our workforce’s arduous work growing new energy storage initiatives from California to Maine during the last a number of years, Jupiter is uniquely positioned to steer now in making the Inflation Discount Act’s imaginative and prescient of large-scale home battery methods manufacturing jobs a actuality,” mentioned Andy Bowman, Jupiter Energy’s CEO.

“We’re very happy to be increasing our relationship with Energy Vault to develop our provide of the gear the grid critically wants at the moment whereas additionally supporting sustainable battery gear manufacturing right here at residence,” he added.

Energy Vault has been increasing its battery energy storage actions considerably as of late. It has introduced offers with Jupiter Energy previous to this one as well as ones with Wellhead Electric and W Power.

However it additionally lately scored a 2GWh mandate for its gravity-based solution, the know-how the corporate is thought for, for industrial parks throughout China.

It listed on the NYSE in February this year, adding nearly US$200 million to its capital reserves, and expects mixed revenue over 2022/23 of US$680 million.

Source link

Continue Reading