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Study: California needs up to 55 GW of long duration energy storage by 2045; 150X the storage deployed since 2010

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By 2045, California will require the deployment of up to a staggering 55 gigawatts (GW) of long duration energy storage (LDES) to support its 100% clean electricity goals, according to a new modeling study released by the California Energy Storage Alliance (CESA). —Alex Morris, Executive Director of CESA.

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BNEF: Li-ion battery pack prices rise for first time since 2010 to an average of $151/kWh

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Rising raw material and battery component prices and soaring inflation have led to the first increase in lithium-ion battery pack prices since BloombergNEF (BNEF) began tracking the market in 2010. —Evelina Stoikou, an energy storage associate at BNEF and lead author. —Yayoi Sekine, head of energy storage at BNEF.

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LG Energy Solution investing $1.7B to quintuple battery plant capacity in Michigan

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LG Energy Solution (LGES) is investing $1.7 The two companies have a longstanding relationship, and GM acted as a key partner in bringing LG to Michigan in 2010. LG Energy Solution, formerly known as LG Chem Michigan, manufactures large lithium-ion polymer battery cells and packs for electric vehicles. million; and.

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US DOE releases 2023 Critical Materials Assessment to evaluate supply chain security for clean energy technologies

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The US Department of Energy (DOE) released its 2023 Critical Materials Assessment (2023 CMA), which evaluated materials for their criticality to global clean energy technology supply chains. The Assessment focuses on key materials with high risk of supply disruption that are integral to clean energy technologies.

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Study finds US air pollution deaths nearly halved between 1990 and 2010

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A new study led by researchers at the University of North Carolina at Chapel Hill has found that deaths related to air pollution in the US were nearly halved between 1990 and 2010. These health improvements likely have continued beyond 2010 as we observe that air pollutant concentrations have continued to decrease. and Wong, D.

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Constellation Energy sets industry record for blending hydrogen with natural gas

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Constellation Energy has set an industry record for blending high concentrations of hydrogen with natural gas, further evidence that hydrogen can be an effective tool to lower greenhouse gas emissions. The blending test occurred 18 May at Hillabee on a Siemens Energy SGT6-6000G gas turbine.

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Mercom: Corporate funding for energy storage companies hit $26.4B in 2022; up 55% y-o-y

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Mercom Capital Group, a global clean energy research and communications firm, released its report on funding and mergers and acquisitions (M&A) activity in 2022 for the energy storage, smart grid, and energy efficiency sectors. Corporate funding for energy storage, smart grid, and energy efficiency companies.