Cec energy storage tender results

Why did the CEC get funding for a long-duration energy storage project?

The funding grew out of a solicitation for demonstration and deployment projects that could speed up commercialization of long-duration energy storage technologies while improving grid reliability and resilience for disadvantaged and low-income communities and California Native American tribes, according to the CEC.

What does CEC stand for?

For Immediate Release: December 13, 2023 SACRAMENTO — The California Energy Commission (CEC) today approved a $30 million grant to Form Energy to build a long-duration energy storage project that will continuously discharge to the grid for an unprecedented 100 hours.

What is the largest energy storage procurement in China's history?

The tender marks the largest energy storage procurement in China’s history. In what is described as the largest energy storage procurement in China’s history, Power Construction Corporation of China (PowerChina) is targeting an unprecedented cumulative storage capacity of 16 GWh. The bids were opened on December 4.

Which energy companies are building long-duration storage projects in California?

The California Energy Commission approved grants for long-duration storage projects to be built by Redflow, RedoxBlox and Noon Energy. Four Redflow zinc-bromine flow batteries in Mossel Bay, South Africa.

How much does energy storage cost in China?

In what is described as the largest energy storage procurement in China’s history, Power Construction Corporation of China (PowerChina) is targeting an unprecedented cumulative storage capacity of 16 GWh. The bids were opened on December 4. The tender attracted 76 bidders, with quoted prices ranging from $60.5/kWh to $82/kWh, averaging $66.3/kWh.

What is CEC epc-19-060?

CEC EPC-19-060, Modeling of LDES for decarbonization of California’s energy system. UC Merced-led team also leveraging new Resolve model to study LDES value, using novel “critical timestep” method to capture inter-day and seasonal energy shifting dynamics (CEC 2020).