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POWER Magazine•about 2 months ago

•Danish company Aalborg CSP has developed technology to convert retired coal-fired power plants into thermal energy storage facilities.
•This innovation offers a potential pathway for developers to repurpose existing infrastructure, potentially reducing site development costs and accelerating large-scale storage deployment.
•For large power consumers, this could contribute to a more stable and renewable-powered grid by providing significant storage capacity from existing sites.

storage

Energy Storage News•2 months ago

•Hecate Energy has cancelled its 650MW Swiftsure battery energy storage system (BESS) project in Staten Island, New York.
•This cancellation removes a significant 650MW storage asset from New York's future capacity pipeline, potentially impacting future capacity prices and grid stability for large power consumers in the region.
•The unstated reasons for cancellation highlight potential, unarticulated challenges (e.g., permitting, interconnection, community opposition, financing) for large-scale BESS projects, particularly in dense urban areas like NYC, which developers must factor into risk assessments.

storage

Energy Storage News•2 months ago

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