Research 5 Companies Positioned to Succeed in Grid-Scale Energy Storage Greentech Media
October 10, 2013
The energy storage industry is in the early stages of what will become a giant global market.
Energy storage will support and compete with conventional generation, transmission and distribution resources. As the industry evolves, new business models will emerge where companies make, apply and operate storage assets to allow the grid to work more reliably and cost-effectively while decreasing negative impacts.
For the past eight months I’ve been studying the grid-scale energy storage market in North America. GTM Research has published the results of my research in a special report,
Grid-Scale Energy Storage Opportunities in North America. Based on my research, the following five companies seem especially well positioned to succeed in the emerging grid-scale energy storage market in North America.
US Wind Power Prices Down To 0.04 Per kWh CleanTechnica
Anyone who tells you wind power is expensive is bad-shit crazy. Wind power is the cheapest option for new electricity generation in many if not most places in the world, including much of the US. That would indeed help to explain why the
US installed more wind power capacity than power capacity from any other source in 2012, 42% (or
43%?) of all new power capacity in the country.
In announcing a recent report released by the US Department of Energy (DOE) and prepared by Lawrence Berkeley National Laboratory (Berkeley Lab),
Berkeley Lab actually noted that, “The prices offered by wind projects to utility purchasers averaged $40/MWh for projects negotiating contracts 2011 and 2012, spurring demand for wind energy.”
That’s $0.04 per kWh. Even if you add in the $0.022 Production Tax Credit (PTC), that’s $0.062 per kWh.
Cheapest Solar Ever Austin Energy Gets 1.2 Gigawatts of Solar Bids for Less Than 4 Cents Greentech Media
A lot more cheap solar is coming for Austin, Texas.
The city's utility, Austin Energy, just
released new data on developer bids for PV projects as part of a 600-megawatt procurement. The numbers show how far solar prices have come down over the last year -- and will continue to drop.
According to Khalil Shalabi, Austin Energy's vice president of resource planning, the utility received offers for 7,976 megawatts of projects after issuing a request for bids in April. Out of those bids, 1,295 megawatts of projects were priced below 4 cents per kilowatt-hour.
There you go, Mr. Westwall, not just being proposed, being done as we post. And the President's renewable energy program is paying off big time, you 'Conservatives' were completely wrong, and still are.