Visiting the energy storage project

Can storage save energy?

“One of the challenges of renewable energy is the more you put on the grid, the more the value declines,” Cole says. Storage helps deal with that by soaking up excess energy that would have been lost in the middle of the day, when electricity demand is lower, and moving it to a time when it is more valuable.

How can energy storage technology improve resiliency?

This FOA supports large-scale demonstration and deployment of storage technologies that will provide resiliency to critical facilities and infrastructure. Projects will show the ability of energy storage technologies to provide dependable supply of energy as back up generation during a grid outage or other emergency event.

Which states are launching major energy storage projects?

Several other states are also now embarking on major energy storage projects. Among them: New York’s 316-megawatt Ravenswood project will be able to power more than 250,000 homes for up to eight hours, replacing two natural gas peaker plants in the New York City borough of Queens.

Is it time for rapid growth in industrial-scale energy storage?

With a recent report concluding that most fossil fuel power plants in the U.S. will reach the end of their working life by 2035, experts say that the time for rapid growth in industrial-scale energy storage is at hand.

What does OE's new RD&D report mean for energy storage?

New Report Showcases Innovation to Advance Long Duration Energy Storage (LDES): OE today released its new report “Achieving the Promise of Low Cost LDES.” This report is one example of OE’s pioneering RD&D work to advance the next generation of energy storage technologies.