Habitat Energy to optimise 730MW ERCOT battery storage portfolio for UBS
Optimiser Habitat Energy has secured a deal with UBS Asset Management to handle the energy market activity of four BESS projects totalling 730MW in ERCOT, Texas.
Optimiser Habitat Energy has secured a deal with UBS Asset Management to handle the energy market activity of four BESS projects totalling 730MW in ERCOT, Texas.
The BESS ‘land grab’ looks set to continue as Tier 2 companies vie for market share before countries potentially curb imports from China, with one developer suggesting the recent CATL-Duke Energy case will “not be unique”.
BESS price falls have pushed many marginal projects in merchant markets into a rate of return needed for investment, US developer Available Power told Energy-Storage.news amidst the sale process for its own 100MW/200MWh ERCOT project.
The issue of ensuring reliability of BESS resources in the Texas electricity market has not gone away for grid operator ERCOT, despite the state regulator’s recent quashing of proposed minimum state-of-charge (SOC) rules.
Canada utility Hydro-Quebec’s BESS technology arm EVLO Energy Storage has prioritised safety and quality while compromising on energy density, executives told Energy-Storage.news.
According to Wood Mackenzie, energy storage deployment numbers in the US broke records for three successive quarters with previous records “shattered” to finish the year.
Battery storage developers and operators discussed the challenges and opportunities in the US market, on the first day of Solar Media’s Energy Storage Summit (ESS) USA 2024.
Arizona utility Salt River Project (SRP) and renewables developer NextEra Energy Resources have commissioned a 1GWh battery energy storage system (BESS) in Buckeye, Arizona, US.
The Michigan Public Service Commission (MPSC) has approved a bid made by the DTE Electric Company to replace a coal-fired power plant in Michigan with battery storage.
Eos Energy Enterprises, ESS Inc and Energy Vault have increased their revenues and narrowed losses, according to financial results from the three ‘non-lithium’ energy storage companies.