Wood Mackenzie: 2019 was a record year for battery storage across the U.S.

first_img FacebookTwitterLinkedInEmailPrint分享Greentech Media:The U.S. energy storage industry capped off its biggest year of installations with its largest single quarter in Q4.U.S. energy storage installation topped 522.7 megawatts/1,113 megawatt-hours in 2019 as a whole and 186.4 megawatts/364.2 megawatt-hours in the fourth quarter, according to the newly released Energy Storage Monitor, produced by Wood Mackenzie and the Energy Storage Association.For years, those in the industry have argued that the ability to store and release electricity nearly instantaneously offers great operational benefits, not just for the adoption of intermittent renewables but also for more efficient grid operations. The latest numbers suggest that this argument is starting to resonate as utilities across the nation contract for large battery plants and an unprecedented number of homeowners seek solar-battery combinations to keep the lights on in an outage.Indeed, the home battery sector delivered the most striking growth, the Energy Storage Monitor reported. Fourth-quarter residential installations doubled year-over-year to 40.4 megawatts/90.3 megawatt-hours, marking its third consecutive record-setting quarter.Eight states now contain utility-scale storage facilities adding up to more than 50 megawatts. Another 11 states operate more than 10 megawatts each. Only 15 states have yet to adopt any advanced storage in front of the meter, according to WoodMac’s data.Overall, U.S. storage installations are expected to nearly triple in 2020 and more than double in 2021. Residential numbers, in particular, will triple this year compared to last year. This year could also be the first in which the annual storage market surpasses $1 billion. In 2019, storage investments totaled $712 million; this year, they are poised to jump to just shy of $2 billion.[Julian Spector]More: U.S. storage industry achieved biggest-ever quarter and year in 2019 Wood Mackenzie: 2019 was a record year for battery storage across the U.S.last_img read more

BREAKING: Body found identified as missing Glen Aubrey woman

first_img—– APALACHIN (WBNG) — According to our 12 News crew who is on the scene, there is a heavy Police presence on NY-17 eastbound between Exit 66, Owego and Exit 67S in Vestal. This is a developing story. Stay with 12 News for further updates. State Police are on the scene along with, the Apalachin Fire Department, the New York State Department of Transportation. UPDATE: A short time later, State Police say the body of a female was removed from an area between 434 and 17 Eastbound. According to 511NY.org, both lanes are blocked until further notice. —– Police found her body along Route 434 between Vestal and Apalachin. They say she was found her in a wooded area.center_img APALACHIN (WBNG) — State Police Commander Erik Dauber has confirmed with 12 News the body found has been identified as 37-year-old Casie J. Weese. She was reported missing Sunday. 2:03 PM UPDATE: Route 434 Westbound is block to traffic at the Broome-Tioga county line. They say, all Eastbound traffic will be diverted from NY 17E at Exit 66 in Apalachin to Route 434 East to Exit 67 Interchange for re-entry to NY 17 East. APALACHIN (WBNG) — Our 12 News crew at the scene witnessed a tarp covering the scene. State police say its “extremely” early in the investigation and a lot unknown as of Thursday afternoon.last_img read more

Confidence in Queensland’s property sector falls for first time in nearly 2 years

first_imgProperty Council executive director Chris Mountford among development in West End. Pic Jono Searle.CONFIDENCE in Queensland’s property market has fallen for the first time in nearly two years on the back of the latest tax grab proposed by the state government.The ANZ/Property Council Survey released today, taken in the weeks either side of the November state election, has recorded a drop of two index points for Queensland in the March 2018 quarter — the first decline in 20 months.The state now has the lowest confidence levels of all Australian jurisdictions.The re-elected Palaszczuk Government has announced plans to increase land tax rates by 2.5 per cent on properties worth more than $10 million and more than double the tax rate for foreign investors from 3 to 7 per cent.GET THE LATEST REAL ESTATE NEWS DIRECT TO YOUR INBOX HEREProperty Council Queensland executive director Chris Mountford said the results confirmed industry concern about the proposed property tax hikes, which he argued would hurt jobs growth and home values.“At a time when we need to do more to catch up with other markets, increasing taxes on property is a big economic risk,” Mr Mountford said.“The impact of these proposed tax increases can already be seen in the figures.“Forward work schedules, staffing level expectations, and Queensland’s economic growth predictions are all down.”The ANZ/Property Council Survey Queensland results for the March quarter of 2018.The Property Council is urging the Government to reverse the proposed tax increases, saying ordinary Queenslanders would pay the price because businesses would be forced to pass on the cost to consumers.“The proposed land tax hike is ultimately going to flow through to affect capital values, and impose higher rents and costs on businesses,” he said.“I think there’s a general lack of understanding that foreign buyers are a key ingredient to getting new housing construction starts going.“If we’re making it harder for those people to invest in Queensland, ultimately that’s going to flow through to lower levels of activity.”The latest ANZ/Property Council Survey shows a drop in confidence in the Queensland property industry. Photo: Glenn Hunt/Getty Images.For the last two years, Queensland has consistently lagged behind the major states when it comes to confidence, only remaining in front of Western Australia, where the end of the resources boom created significant economic challenges.More from newsParks and wildlife the new lust-haves post coronavirus22 hours agoNoosa’s best beachfront penthouse is about to hit the market22 hours agoBut the latest survey shows a surge in confidence in WA.“Clearly confidence is starting to return to the WA market,” Mr Mountford said.“They’ve turned a corner and yet we haven’t had that sentiment shift.“If anything, we’re still bumbling along behind the other states.”New homes under construction in Mango Hill, north of Brisbane. The latest ANZ/Property Council Survey shows a drop in confidence in the Queensland property industry. Image: AAP/Dan Peled.But ANZ senior economist Daniel Gradwell said that he was not too concerned about the confidence drop in Queensland during the quarter,“Overall sentiment is still sitting at pretty solid levels, even though it has dropped off recently,” Mr Gradwell said.LAP UP LAKESIDE LUXURY“I think it’s fair to say Queensland has essentially moved past its mining-related downturn.“We’re starting to see economic activity improve, particularly across the labour market with unemployment at its lowest level in about four years.“So confidence is already translating into actual economic activity.”The latest ANZ/Property Council Survey shows a drop in confidence in the Queensland property industry. Photo: Glenn Hunt/Getty Images.St George Economics noted in its latest economic outlook for Queensland that the state’s economic growth had picked up over the past year, with business investment gaining momentum, commercial construction strengthening and robust employment growth.HOME BUYERS SKIP CRUCIAL CHECKSNationally, the survey reveals New South Wales has lost its throne to Victoria as the property industry with the strongest outlook.It gathered responses from 1374 professionals within the residential and commercial property sector.“It’s a large sample size, so we’re confident it’s reflective of what’s actually happening on the ground,” Mr Gradwell said.last_img read more