All this promise from the 1970s has become reality. It could have happened sooner if Republican administrations from 1980 to 1992 hadn’t pulled support when natural gas prices plummeted. With natural gas prices now once again dropping, the one man who can stop history from repeating itself is Barack Obama. From HistoricFilmsArchive via YouTube
HOW ENERGY STORAGE WILL GROW
Energy Storage Systems for Ancillary Services; Frequency Regulation, Voltage Support, Spinning Reserves, Electric Supply Reserve Capacity, and Load Following: Global Market Analysis and Forecasts
1Q 2013 (Pike Research/Navigant)
“Ancillary services are…required to maintain safe, reliable, and secure transmission of energy on the grid. Designed to respond to the technical challenges of generating, transmitting and distributing electricity, these services…balance the grid regardless of the structure of the electricity market…
“It can be challenging for a new technology – such as energy storage systems (ESSs) – to make a compelling business case…even if on a technical level energy storage provides a compelling and competitive solution.”
Demand for energy will continue to grow at a rapid pace, leading to more deregulation of the electricity market as well as more instability on the grid system as renewables penetration will also grow…
“…ESSs offer, in many cases, better quality ancillary services in addition to an alternative to using traditional generation assets.
Pike Research forecasts that worldwide annual installed capacity of energy storage systems for ancillary services will reach 3,500 MW by 2023…”
http://www.navigantresearch.com/research/energy-storage-systems-for-ancillary-services
--------------------------- ---------
FAIR USE NOTICE: This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.
For more information. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.
For more information. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.
source:http://newenergynews.blogspot.ca/2013/03/meet-climate-reality.html