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incentive tax credit energy storage

What the Investment Tax Credit Extension to Energy Storage Means for the Industry

Commercial Energy, Commercial Solar, Demand Management, Energy Economics, Energy Financing, Energy Management, Energy Storage, Renewable Energy, Solar Energy, Sustainability / By

The Inflation Reduction Act (IRA) was signed into law by President Biden in August of 2022, extending the investment tax credit (ITC) for clean energy. In this sweeping legislation, a range of incentives and tax credits aimed toward accelerating the production of emissions-free energy are present. Specifically, the IRA extends the investment tax credit to …

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mining industry solar panels

Mining Industry Plays Pivotal Role in Energy Transition

Demand Management, Energy Economics, Energy Storage, Industry Insights, Renewable Energy / By

As many companies and organizations begin to transition to clean energy power sources, the mining industry plays a crucial role. The mining industry will experience drastically increased demand for materials, due to renewable energy technologies such as solar panels and wind turbines requiring greater volumes of mined minerals than present non-renewable energy sources. Many mined …

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lithium-ion batteries work

How Lithium-Ion Batteries Work

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Lithium-ion batteries are a rapid-response solution for energy storage needs. This particular battery technology is a popular with grid-scale applications. Keep reading for an outline how lithium-ion batteries work. What are lithium-ion batteries? Lithium-ion batteries are a battery energy storage technology useful for storing and distributing onsite generated power. They can be found in laptops, …

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differences between flow batteries and lithium ion

5 Key Differences Between Flow Batteries and Lithium Ion Batteries

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Both flow and lithium ion batteries provide renewable energy storage solutions. Both types of battery technology offer more efficient demand management with lower peak electrical demand and lower utility charges. Key differences between flow batteries and lithium ion ones include cost, longevity, power density, safety and space efficiency. While both types of batteries can be …

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