Follow us on Twitter Follow us on Facebook View our linked in profile View our RSS feeds
SustainableBusiness.com
 
News
Your daily source for sustainable business & sustainable investor news.

(view sample issue)


This is an archived story. The information and any links may no longer be accurate.

11/30/2009 09:24 AM     print story email story  

Duke Energy Receives DOE Grant for Wind Power Storage

SustainableBusiness.com News

Duke Energy (NYSE: DUK) intends to match a $22 million grant from the U.S. Department of Energy to design, build and install large-scale batteries to store wind energy at one of its wind farms in Texas.

The batteries at Duke Energy's Notrees Windpower Project in Ector and Winkler counties, Texas, will store excess wind energy and discharge it whenever demand for electricity is highest--not just when wind turbine blades are turning.

This project represents one of the nation's first demonstrations of energy storage at a utility-scale wind farm. The 95 wind turbines in operation at Duke Energy's Notrees site can generate 151 megawatts (MW) of electricity. In April 2009, Walmart began purchasing energy directly from the Notrees project to power up to 15 percent of its stores and facilities in Texas.

The total value of the 20-MW energy storage project at Duke Energy's Notrees site is $43.6 million.

The prevailing technology used at wind and solar farms throughout the world allows electricity to be produced only when the wind is blowing or the sun is shining. The intent of the Notrees grant is to demonstrate how energy storage can help overcome this issue, often referred to as "intermittency."

"Energy storage truly has the potential to serve as a 'game-changer' when it comes to renewable power," said Wouter van Kempen, president of Duke Energy Generation Services, a Duke Energy unit that owns and develops renewable energy assets. "Through this project, Duke Energy intends to show that renewables can play an even bigger role in our country's energy future."

The DOE grant was made possible by the American Recovery and Reinvestment Act of 2009, known informally as the federal stimulus program. Duke Energy and DOE must negotiate the terms and conditions of the grant before any funds are released.

The Electric Power Research Institute (EPRI) will provide advisory services to Duke Energy throughout the development of this energy storage project.

Last week AES Energy Storage (NYSE: AES) announced plans to install a 12-MW energy storage system in Chili that will employ a utility-scale battery system made by A123 Systems (Nasdaq: AONE).

Website: www.duke-energy.com/



Reader Comments (0)

Add Your Comment

(Use any name, your real name is not required)
Type the characters you see in the picture below.

home |about us |contact us |advertise |feeds |privacy policy |disclosure

Compare Green Cars   |   Find Alternative Fueling Stations