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smart grid

Investors banking billions in batteries, says report

Tue, 05/01/2018 - 11:09 -- Xuan Zhong
Investors banking billions in batteries, says report

Battery companies sucked in a multi-billion-dollar boost from investors eager to grab a slice of the storage market in 2017, according to a new report.

The Mercom Capital Group said $1.03 billion was raised by battery storage, smart grid, and efficiency firms in the first half of 2017— compared to $807 million in the first half of 2016.

 

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‘Taiwan to seek Tesla blackout solutions’

Fri, 09/01/2017 - 09:44 -- News Editor
‘Taiwan to seek Tesla blackout solutions’

Taiwan could acquire energy storage systems from US tech giant Tesla to prevent future power outages, according to a report.

Taiwan’s science and technology minister Chen Liang-gee (pictured) plans talks with Tesla about buying renewable energy battery storage systems in the wake of a large-scale power outage that hit Taipei earlier this month, the Nikkei Asian Review reported.

 

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S&C Electric Company in senior post shuffle

Thu, 02/26/2015 - 16:40 -- paul Crompton
Andrew Jones, Senior Vice President of International Business at S&C

US based smart grid and ESS firm S&C Electric Company has appointed Andrew Jones as Senior Vice President of International Business.

Jones was General Manager of Europe, Middle East and Africa (EMEA) Business Unit for seven years. He succeeds Grant Buchanan who will remain the President of S&C Electric Canada Ltd until his retirement on 31st December 2015.

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Japan wants to boost battery storage with $779m incentive scheme

Thu, 01/15/2015 - 14:47 -- Laura Varriale
Japan wants to boost battery storage

Japan’s Ministry of Economy, Trade and Industry is to subsidise the installation of distributed battery storage and energy-efficient technologies with a $779m incentive scheme.

The programme is aimed to encourage factories and small businesses to be more energy efficient. The incentive should also increase the installation of energy storage systems at PV power plants and grid substations. The deployment of the battery systems should strengthen electricity grids to facilitate growing levels of renewable energy sources.

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$365m for German battery storage and infrastructure research

Thu, 01/15/2015 - 14:42 -- Laura Varriale
KIT's PV battery storage

The Karlsruhe Institute for Technology (KIT) is to set up five new Helmholtz research centres for energy storage and cross-linked infrastructures with a five-year budget of $365m.

Aim of the programme is to close research gaps in the energy storage and smart grids field to meet Germany’s energy turnaround goal, the abolition of coal and other non-renewable energy sources.

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Imergy to supply flow batteries to US Navy

Wed, 12/03/2014 - 16:22 -- Laura Varriale
Imergy flow battery

US energy storage firm Imergy Power Systems (Imergy) has been selected by Foresight Renewable Solutions to provide three of its flow batteries to a smart microgrid project in California, US.

The batteries will be deployed at the US Navy’s mobile utilities support equipment facility in Port Hueneme. The project, which focuses on developing applications and use-case scenarios to optimise power consumption at military bases, industrial parks and other institutions is, sponsored by the California Energy Commission (CEC).

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DNV GL energy storage project could fold due to lack of interest

Mon, 10/13/2014 - 11:24 -- Laura Varriale
DNV GL

Gridstor, a project developed by energy consultancy and testing authority DNV GL to establish industry standards for grid-connected energy storage implementation, could fold due to lack of interest.

Launched in June 2014, the project aims to develop a practice through industry standardisation to drive the safe and secure implementation of grid-connected energy storage systems forward and to accelerate the integration of renewable energy sources into the grid.

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Reactive Technologies introduces cloud-based DSM service

Mon, 09/29/2014 - 08:50 -- Laura Varriale
Reactive Technologies introduces cloud-based DSM service

Britain’s smart-grid company Reactive Technologies has launched a cloud-based demand-side management (DSM) service for commercial and industrial electricity customers.

The so-called Tradenergy service is designed to manage energy consumption in a flexible and profitable way, offering recurring “risk-free” revenue streams without long-term contracts with aggregators participating in the Short Term Operating Reserve (STOR).

The DSM service uses software control to shift energy demands of each consumer in order to minimise energy consumption and enable consumers to benefit from other revenue sources.

According to Oxford-based Reactive Technologies, the Tradenergy technology increases the responsiveness and reduces operational impact by remotely optimising how and when individual electrical assets consume power.

“We believe the only cost- effective way of preventing the UK’s lights going off due to shrinking capacity margins is to focus on allowing end customers to be better prepared for the future by enabling flexibility of how and when energy is used," said Marc Borret, CEO and founder of Reactive Technologies. "Not just when the grid operator calls for it during times of grid stress or peak demand,” he added.

The company said that the DSM service replaces the need of backup diesel generators.

A study by Navigant Research forecasts that the demand response load curtailment in Europe will grow from 30.8GW in 2014 to 196.7GW in 2023.

Siemens to provide demand response programme to US

Fri, 08/08/2014 - 10:58 -- Laura Varriale
Siemens facility

Siemens has struck a deal with US service provider Direct Energy to install its demand response management system (DRMS).

Direct Energy will manage the existing load commitments in several independent system operators (ISO) with Siemens’s DRMS. The DRMS are designed to control power usage and to help managing power demand requirements particularly during peak times.

The DRMS is to be integrated with sub-metering devices located at each Direct Utility account and to collect consumption data. The service provider will then use the data to determine the amount of energy it needs to transact into the marketplace.

"The flexibility of Siemens DRMS to provide automated interfaces to multiple ISO systems will allow Direct Energy to operate their portfolio in a more streamlined and efficient manner and will improve reliability for all of their customers," said Craig Cavanaugh, director of Siemens Smart Grid Applications and Solutions. “By leveraging the forecasting and analytics engine embedded in Siemens DRMS, Direct Energy will be able to optimize the market based transactions,” he added.

The deal will enable Direct Energy to deploy its demand reduction and demand management programs throughout the US and Canada. The company has more than six million residential and commercial customers.

Germany-based Siemens said that the US-contract is its biggest demand response project so far.

Energetix gets new Pnu Power patent

Wed, 02/27/2013 - 17:36 -- Ruth Williams

Energetix subsidiary Energetix Pnu Power has received a UK patent for an important method relating to the core technology within its compressed air uninterruptible power supply products.

The patent - titled 'Lubrication of Positive Displacement Expanders' - describes the method by which efficiency of the conversion of compressed air into electrical power can be optimised with minimal lubrication of mechanical components. Pnu Power produces back-up power solutions, using compressed air, for utility switching, telecommunications, data centres and other mission critical industrial operations.

Energetix says the grant of this patent provides additional protection to the company's core product platform and builds on the company's intellectual property portfolio relating to its Pnu Power technology.

The company has a core patent granted in 20 countries which protects its compressed air driven UPS system as well as two further patents providing additional protection. 

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