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Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

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Relying on a higher share of efficient, low-emission combined cycle power plants and wind energy could save €150 billion (US$200 billion) by 2030 while attaining the same CO 2 targets, Siemens says. Electricity prices in comparison. Source: Siemens. Click to enlarge. Euro cents/kWh. Source: Siemens. Click to enlarge.

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PNNL study outlines requirements for grid storage, reviews four electrochemical energy storage systems: vanadium redox flow, Na-beta, Li-ion and lead-carbon

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Classification of potential electrical storage for stationary applications. For example, they note, to regulate frequency, the energy storage capacity may not need to be long-lasting—minutes can be sufficient—but it must have a long cycle life because the system is likely to encounter multiple daily discharge events.

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