storage

Concentrated solar power (CSP) real-time dispatch model hikes revenues by over 15%

New software combining dispatch algorithms with probabilistic forecasting could reduce Concentrated solar power (CSP) bid prices by a quarter and spur fresh U.S. CSP deployment, Mike Wagner, Principal Investigator at the National Renewable Energy Laboratory (NREL), told New Energy Update. On October 1, NREL launched a new three-year study [...]

ARPA-E Awardees Aim to Store Energy for up to 4 Days

The U.S. Department of Energy has announced the selection of 10 projects as part of a new Advanced Research Projects Agency-Energy (ARPA-E) program, DAYS; Duration Addition to electricitY Storage. Awardees will develop energy storage systems to provide reliable, affordable power to the electric grid for up to 100 hours, [...]

Global Thermal Energy Storage Market to Hit $7,472.9 Million by 2023, APAC to be the Fastest Growing Region

According to the new market research report published by P&S Intelligence, global thermal energy storage market is projected to reach $7,472.9 million by 2023, the market growth is mainly driven by government incentives to promote the adoption of thermal energy storage solutions and increasing demand for balanced power supply. Based on type, [...]

US Concentrated Solar Power tests to reveal hotter storage

The Gen3 CSP research program will de-risk advanced higher temperature designs and identify the best-placed system and storage technology for future market integration, leading researchers told New Energy Update. In May, the Department of Energy (DOE) launched its Generation 3 Concentrating Solar Power Systems (Gen3) CSP program to create [...]

Chile’s 24×7 Concentrated Solar Power Plus Storage Project is Back on Track

Construction of Latin America’s first, utility-scale concentrating solar power (CSP)-thermal energy storage project is back on track. Completion of the 110 MW, 24×7 Cerro Dominador CSP-energy storage project in Chile’s Atacama desert – expected in 2019’s second half will also mark Latin America’s first tandem, utility-scale, PV-CSP solar energy facility. [...]

ORNL’s molten salt history opens door for research into concentrated solar power

Thanks in large part to developing and operating a facility for testing molten salt reactor (MSR) technologies, nuclear experts at the Energy Department’s Oak Ridge National Laboratory (ORNL) are now tackling the next generation of another type of clean energy—concentrating solar thermal power (CSP). The Energy Department’s Solar Energy Technologies Office [...]

Molten salt thermal storage market will dominate in 2018

The energy storage market is being swept by a wave of disruptive technologies and business models with companies looking to capitalize on this lucrative sector. Frost & Sullivan's recent analysis, Global Energy Storage Market Outlook, 2018, finds that the total installed capacity will grow 15.9 percent between 2017 and 2018, [...]

2018-05-01T15:14:13+00:0001-05-2018|Categories: BREAKING NEWS, NEWS, Sin categoría, Storage, Top News|Tags: , |

Improved catalysts could help widespread concentratedd solar power

Engineers at the University of Wisconsin-Madison are shining a light on promising new strategies for storing solar power. The efforts could help overcome one major limitation of energy generation from solar sources—namely, how to keep up with electricity demand when the sun goes down. "As renewable energy takes on a [...]

Concentrated Solar Power is the world’s leading technology in storage for renewable electricity generation

Spain is a world leader in renewable energy storage. The scenarios of large volumes of renewable technologies that can not be managed in electricity systems are raising concern about the need for storage, to avoid losses due to spills. This would not be a problem with balanced growth between manageable [...]

EIB ponders support for Concentrated Solar Power storage project in Greece

The European Investment Bank (EIB) is considering extending financing for a 50-MW concentrated solar power (CSP) project with an energy storage component in Greece. According to information released on the bank's website on Monday, the loan is under appraisal as of March 15, 2018. Source: Nur Energie The lender [...]

Molten salt storage 33 times cheaper than lithium-ion batteries

Molten salt is currently the most common method to store heat in large CSP plants and provide a constant on-demand supply of solar power without the need for fossil fuel backup systems. Companies such as German-based Frenell, formerly Novatec, offer a turnkey solution combining a solar field and a [...]

CWP proposes 250 MW concentrated solar power with storage in Townsville

Australian renewable energy developer CWP Renewables is proposing a 250MW solar tower and storage project near Townsville, saying it could be a cost effective alternative to either a new coal generator or even battery storage proposed by wind and solar projects. The project – dubbed Freedom Energy One – was [...]

Concentrated Solar Power is driving GWh’ worth of new molten salt storage capacity

Thermal storage hasn't garnered the level of industry attention lately as battery storage, which is experiencing quickly falling prices and rising deployments. But thermal storage, and molten salt in particular, actually exceeds the capacity of battery storage in operation so far, according to a new report from the International Renewable Energy [...]