June 15, 2021
As Google, Microsoft and others pursue 24x7 clean energy, RMI report shows how they can do it better.
Corporate renewable energy procurements are helping to drive global decarbonization, and matching hourly energy demand with carbon-free power sources can accelerate the transition.
"Our recommendation is to really look at the grid around you"
Department Of Energy initiative seeks to drop
long-duration storage cost 90% in a decade.
The Biden administration - power the country with 100% by 2035
The U.S. Department of Energy (DOE) has set a goal to reduce the cost of utility-scale, long-duration energy storage by 90% within a decade to bolster a grid powered by renewable energy. The department will advance the cost-cutting goal by funding research and development at national lab. The goal is the second in the administration's
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Energy Storage Grand Challenge
The Department of Energy’s (DOE) Energy Storage Grand Challenge (ESGC) is a comprehensive program to accelerate the development, commercialization, and utilization of next-generation energy storage technologies and sustain American global leadership in energy storage. The Goal : To develop and domestically manufacture energy storage technologies that can meet all marketplace demands by 2030
California breaks 1 GW energy storage milestone (and looks to a ‘future’ 1.21 GW moment)
The federal government is the largest energy Energy storage is making its presence known on California’s electricity grid as projected shortfalls widen
and deepen in the coming years.
A new player is taking the stage in the highly charged California electricity market.
Enter lithium-ion energy storage. The world saw this revolution coming years ago,
but momentum has been accelerating ever since the summer of 2019,
when California regulators and utilities first
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California poised to order 11,500 MW of new electric capacity, mostly from renewables
The California Public Utilities Commission (CPUC) is set to consider two plans that would order utilities to procure 11,500 MW of new electricity resources to come online between 2023 and 2026, with most of the resources to come from zero-emitting sources. The resources will help the state respond to more extreme weather events.
Solar Industry Urges Congress to Fully Fund Energy Storage Shot and Renewable Energy Research
The Biden Administration unveiled details for its fiscal year 2022 budget request for the U.S. Department of Energy. SEIA led a coalition of clean energy organizations in a letter urging congressional leaders to support full funding of this budget request.
Investor Confidence in Renewable Energy and Energy Storage Sectors Hits All-Time High
ACORE Releases $1T 2030 Campaign Progress Report and New Survey of Leading Financial Institutions and Developers A new analysis released today by the American Council on Renewable Energy (ACORE) finds that confidence among both renewable energy investors and developers is at an all-time high. The report, Expectations for Renewable Energy Finance in 2021-2024, presents the results of a new survey of prominent financial institutions and renewable energy development companies on their confidence in the sector in the aftermath of the COVID-19 pandemic.
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Expectations for Renewable Energy Finance in 2021-2024
Growing Confidence in the Aftermath of the Pandemic