Part 2: Key choices on the way forward.
Why net energy metering is unfair and inefficient.
An insurer’s perspective on risk drivers for distributed resources.
EPRI’s roadmap for distributed energy.
An electric car in every driveway, a battery in every garage.
Duke Energy, LG Chem and Greensmith teamed up to build a battery-based energy storage system in Ohio, designed to enhance reliability and increase stability on the electric power grid. The new 2-MW storage project will assist in regulating electric grid frequency for PJM, the transmission organization that powers much of the eastern U.S. The system will be built at Duke Energy's retired W.C. Beckjord coal-fired power plant in New Richmond, Ohio, and is expected to be operational by late 2015.
AES Energy Storage unveiled a portion of its deployment roadmap for AES Advancion Energy Storage Solutions, which includes the addition of battery-based storage resources across the US, South America, and Europe. Projects in construction or late stage development are expected to deliver 260 MW of interconnected battery-based energy storage, equivalent to 520 MW of flexible power resource, 25% of which is expected to be on-line by mid-2016.
For many, it’s the next logical step for smart grid technology.
Pacific Gas and Electric (PG&E) and automaker BMW are teaming up to test the ability of electric vehicle batteries to provide services to the electric grid. If successful, the pilot program could pave the way for utility payments that could stimulate further customer purchases of electric vehicles. PG&E selected BMW to manage a minimum of 100 kW of electric demand on PG&E's system. BMW will help PG&E manage power demand on its grid in two ways.