What's going on with Long Island's Battery energy storage projects?

The Long Island Power Authority approved two utility-scale battery energy storage contracts on Wednesday, Dec. 18 — a 50-megawatt project on LIPA's property that had formerly been slated to become the Shoreham Nuclear Power Plant, and a 79-megawatt facility on Rabro Drive in Hauppauge.

Which long Island utility-scale battery energy storage projects have been approved?

The Long Island Power Authority approved two utility-scale battery energy storage contracts on Wednesday, Dec. 18 — a 50-megawatt project on LIPA’s property that had formerly been slated to become the Shoreham Nuclear Power Plant, and a 79-megawatt facility on Rabro Drive in Hauppauge.

Why did Lipa approve a battery energy storage system?

“CCE applauds LIPA for approving the contracts for two Battery Energy Storage Systems, which will assist our critical transition away from dirty, polluting peaking plants while creating a more resilient energy grid and delivering renewable power to Long Island homes.

How much will Vistra spend on battery energy storage?

Vistra is a market-leader in battery energy storage and in 2020 announced it would spend approximately $5 billion by 2030 in renewable and battery energy storage, including nearly $1 billion of development projects already underway, rotating its generation fleet towards zero-emission technologies.

Are Li-ion batteries the future of grid-scale energy storage?

Future prospects of Li-ion batteries and overall grid-scale energy storage In the United States, approximately 29 states have enacted renewable portfolio standards mandating a diverse range of 15 % to 30 % of electricity sales to be sourced from renewable outlets . Consequently, the rapid expansion of the grid-scale energy sector is underway.

Are lithium-ion batteries the future of energy storage?

As these nations embrace renewable energy generation, the focus on energy storage becomes paramount due to the intermittent nature of renewable energy sources like solar and wind. Lithium-ion (Li-ion) batteries dominate the field of grid-scale energy storage applications.