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Energy Storage Systems


Texas PUC Shelves $1B Grid Credit Mechanism

The Public Utility Commission of Texas (PUCT) has unanimously decided to shelve the proposed $1 billion Performance Credit Mechanism (PCM) for power generators, concluding that it would not deliver the anticipated grid reliability benefits. The PCM was conceived as a means to incentivize power...

U.S. Wind Energy Investment Surges While Solar Stagnates

In recent years, the U.S. energy landscape has been undergoing a dramatic transformation, characterized by significant shifts in investment patterns across renewable energy sectors. According to a recent BloombergNEF report, U.S. investment in wind energy has soared, while solar energy investment...

BlackRock and Temasek Lead $35M for ConnectDER

Philadelphia-based ConnectDER has raised $35 million in a Series D funding round, led by Decarbonization Partners, a venture fund established by BlackRock and Temasek. This significant investment will enable the company to scale its market presence, enhance manufacturing capabilities, and...

Energy Storage Systems

FERC Delay Threatens 3 GW in ISO-NE Auction

The Federal Energy Regulatory Commission's (FERC) failure to act on ISO New England's (ISO-NE) proposed interconnection reforms is raising alarms, as it could prevent up to 3 gigawatts (GW) of new resources from participating in the region's upcoming capacity auction. The delay, if unresolved, threatens to escalate capacity rates and contribute to energy affordability challenges while exacerbating risks of resource shortages, particularly during critical winter months.

ISO-NE’s proposal to overhaul its interconnection process aims to...

Related Articles


BlackRock and Temasek Lead $35M for ConnectDER

Philadelphia-based ConnectDER has raised $35 million in a Series D funding round, led by Decarbonization Partners, a venture fund established by BlackRock and Temasek. This significant investment will enable the company to scale its market presence, enhance manufacturing capabilities, and...

Oregon Approves Major Solar and Storage Initiative

Oregon has recently given the green light to one of the largest solar and energy storage projects in the United States, marking a monumental step toward its renewable energy future. The project, known as the Sunstone Project, will feature a massive 1.2 gigawatts (GW) of solar capacity, along with...

LUMA to Add 1 GW Renewables and 700 MW Storage

Puerto Rico's electric utility, LUMA Energy, recently revealed plans to integrate nearly 1 GW of renewable energy and over 700 MW of energy storage into the island’s power grid. This initiative is part of a broader effort to move away from fossil fuels and to enhance the resilience and...

Louisiana Industries Push for Faster Renewable Energy Transition

Louisiana, known for its robust oil and gas industry, is experiencing a significant shift as some of its largest industries express frustration over delays in the state’s renewable energy transition. These major players are pushing for accelerated development and implementation of renewable...


Michigan's Path to 60% Clean Energy by 2030: Strategies and Challenges

Michigan is accelerating its transition to renewable energy, aiming to generate 60% of its electricity from clean sources by 2030. This ambitious goal is part of a broader strategy to achieve 100% clean energy by 2040, as outlined in the MI Healthy Climate Plan. To meet these targets, developers...

Bills Threaten Renewable Growth and Raise Costs

Texas is at a pivotal crossroads in its energy policy, with legislative actions that could significantly reshape the state's electricity landscape. A recent report by Aurora Energy Research, commissioned by the Texas Association of Business, warns that proposed restrictions on renewable energy...

Duke Energy Florida Adds 300 MW with Four New Solar Projects

Duke Energy Florida has announced plans to build four new utility-scale solar energy facilities across the state, aimed at adding 300 megawatts (MW) of renewable energy to the grid. This expansion is part of the company’s broader strategy to increase its solar generation capacity and...

Battery Fires Pose Minor Environmental Risks, ACP Report Finds

Battery fires in large-scale energy storage systems (BESS) have raised concerns, but a recent review by the American Clean Power Association (ACP) found that such incidents pose only minor environmental risks. According to a third-party analysis of U.S. battery fires since 2012, these fires did not...

Scientists Fear Loss of Climate Data Under Trump

In the wake of the tumultuous political climate during Donald Trump's presidency, scientists across the United States have expressed deep concern about the potential loss of crucial climate data. These fears emerged from a broader apprehension that, in the midst of political upheaval, the progress...

New Jersey Cancels Fourth Offshore Wind Farm Award

In a significant shift in its renewable energy strategy, New Jersey has recently decided to cancel its plans to award a fourth offshore wind farm project. The decision marks a crucial moment in the state’s ongoing efforts to expand its offshore wind sector, which has long been hailed as a...

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