Energy Exchange

Selected tag(s): Energy Storage

New report highlights potential for energy storage in North Carolina

By Dionne Delli-Gatti / Published: January 18, 2019

North Carolina recently took another key step in its push for a clean energy future with the publication of a long-awaited study on the opportunities, challenges and value of energy storage for the state. The report, which was mandated under the 2017 Competitive Energy Solutions Act (House Bill 589), is the culmination of a year-long research effort led by a multidisciplinary team of researchers from North Carolina State University in partnership with the North Carolina Policy Collaboratory.

The report finds that North Carolina is at a critical juncture in its clean energy future, with energy storage poised to play a key role. However, in order to develop market opportunities for storage and ensure its full benefits are realized, policymakers must take key steps to wisely accelerate the adoption of energy storage in North Carolina.

Without the right policies, energy storage could increase emissions

By Andy Bilich / Published: January 10, 2019

In December, the six major Independent Systems Operators (ISO’s) across the country filed their plans for creating new market rules and opportunities for energy storage. While the rules will take at least a year to go into effect and the plans are just an initial step, a recent study suggests that this effort may add up to 50,000 megawatts (MW) of storage nationwide in the next decade.

At the same time, many states – like California, Massachusetts, New Jersey and New York – are recognizing the potential value of energy storage and are starting to integrate it as a key component of their plans to meet climate and renewable energy goals.

Combined with falling capital costs, these trends suggest a lot of new energy storage in the pipeline. This presents both opportunities and challenges for states looking to reduce their greenhouse gas emissions.

Posted in Clean Energy, Renewable Energy / Also tagged Clean Energy | Comments are closed

A cheat sheet for preventing catastrophe at gas storage sites

By Adam Peltz / Published: May 8, 2017

Today, the Interstate Oil and Gas Compact Commission and the Ground Water Protection Council published a new report entitled “Underground Gas Storage Regulatory Considerations: A Guide for State and Federal Regulatory Agencies.” Like the title says, the report helps regulators make decisions that will ultimately make gas storage facilities across the country safer and more secure.

Gas storage reached many Americans’ attention in the aftermath of the major leak at the Aliso Canyon Storage Facility, which forced thousands of families to evacuate their homes after a massive leak caused more than 100,000 tons of methane to escape into the air.

Posted in Aliso Canyon, California, Climate, Energy Storage, Methane, Natural Gas / Tagged Energy Storage | Authors: apeltz / Comments are closed

As SoCal Braces for Aliso Canyon-Related Blackouts, These Energy Programs Can Help

By EDF Blogs / Published: June 14, 2016

By Jayant Kairam and Timothy O’Connor.

Adding insult to injury, Californians learned this spring that the disastrous four-month methane leak at the sprawling Aliso Canyon natural gas storage facility could result in a new problem: outages.

The failure at Southern California Gas Company’s massive storage site exposed a critical weakness in the state’s energy system. Densely populated Southern California is over-dependent on natural gas from a single provider.

As a result, a vast area stretching from San Diego in the south to Los Angeles and San Bernardino County in the east may face power and gas shortages during the hot summer and cold winter months, a recent report by a group of state regulatory agencies warned. Read More »

Posted in California, Demand Response, Electricity Pricing, Energy Efficiency, Energy Storage, Gas to Clean, Grid Modernization, Methane, Natural Gas / Tagged Energy Storage | Authors: admin / Comments are closed