Washington, DC - The Electricity Storage Association (ESA) applauded news this week that U.S. Reps. Chris Gibson (R-NY) and Mike Thompson (D-CA) introduced legislation that would create an investment tax credit (ITC) for energy storage technologies of all types and help jumpstart an industry that has enormous potential to increase the reliability, security, and efficiency of the nation’s electric grid. The Storage Technology for Renewable and Green Energy Act (STORAGE) Act (H.R. 4096) is the House companion legislation to S. 1845, introduced by Sens. Ron Wyden (D-OR), Jeff Bingaman (D-NM), and Susan Collins (R-ME).
Arizona Public Service Company began testing a new 1.5 megawatt-hour energy storage system that is the size of a shipping container and can generate the equivalent power output of 1,200 hybrid cars or 300,000 cell phone batteries.
The goal of the company's two-year pilot in Flagstaff, Ariz., will be to determine the benefits for storing electricity and putting it onto the grid at times when APS customers need it most.
February 13, 2012
Saft, the world’s leading designer and manufacturer of high-tech industrial batteries, was selected by Green Charge Networks (GCN) to support its role in a $92 million Smart Grid Demonstration Project. The project is being led by New York’s Consolidated Edison, Inc. (Con Edison) — one of the nation’s largest investor-owned energy companies. Green Charge Networks (GCN) is a leader in smart grid, and energy storage and management technology, with a particular expertise in electric vehicle charging.
Washington, D.C. – The Electricity Storage Association (ESA), the preeminent trade association dedicated to fostering the development and commercialization of energy storage technologies, commended the findings of a report released by the Copper Development Association (CDA) that forecasts robust growth and lower cost throughout the energy storage market.
February 2, 2012
The Batteries and Energy Storage Hub should accelerate the discovery of new electrochemical energy storage concepts and incorporate these into new prototypes for storing energy in a reliable, economic, and efficient manner. Rather than initially focusing on a single technology or incremental improvements to current technologies, the Hub must deliver revolutionary research that will result in new technologies and approaches.