ABB launches BESS-as-a-service business model
ABB said BESS-as-a-service is “technology agnostic” and will support companies focusing on operational expenditures instead of capital expenditures.
ABB said BESS-as-a-service is “technology agnostic” and will support companies focusing on operational expenditures instead of capital expenditures.
A technology exists to mass-produce safer lithium-ion batteries that can prevent disastrous battery fires, at potentially lower cost.
Public Citizen said it plans to challenge the DOE’s “abuse of emergency authorities” when Consumers Energy seeks to recoup its costs for running the power plant this summer.
The utility has bolstered its power grid and communications systems since Hurricane Beryl left almost 2.3 million Houston-areas customers without power last summer.
The economy is changing fast, and a big factor limiting growth is availability of electrical power.
“From a commercial perspective, it’s not a unilateral decision most of the time on whether you can begin construction,” said Greg Matlock, a tax leader at EY Americas.
The U.S. International Trade Commission’s vote “clears the way” to set even higher solar import tariffs on four Southeast Asian countries, said attorney Tim Brightbill.
The bill’s “unworkable” provisions raise barriers for projects to qualify for clean energy credits before an accelerated 2028 expiration, an industry association said. Jefferies analysts also called out its “intentional targeting” of residential solar.
The federal government must continue clean energy tax credits, DOE nuclear initiatives and Nuclear Regulatory Commission reforms to sustain momentum, the NEI’s Maria Korsnick said.
The increases come amid a national rise in electricity prices and rapidly growing demand. Consolidated Edison has spent about $2.35 billion on its distribution system since last summer.