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Brattle Group: electric power sector investments of $75B – $125B needed to support projected 20M EVs in US by 2030

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Electric vehicles (EVs) will be a major disruptor for the US electric power sector, with the number of EVs in the US projected to increase from 1.5 The batteries installed in 20 million EVs will have up to 1,600 GWh of electricity storage capacity. million in 2020 to 10–35 million by 2030.

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DOE announces finalists of Geothermal Lithium Extraction Prize

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Demand for lithium—a critical material used in batteries for electric vehicles, grid-scale electricity storage, phones, and laptops—has grown rapidly in recent years, with global demand expected to increase 500% by 2050. The winners will be announced in the fall of 2023 and receive $2 million total.

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Japan V2G demonstrator project using EVs as virtual power plant resource; METI funding

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Seven companies—Tokyo Electric Power Company Holdings, Inc. TEPCO Power Grid, Inc.; Hitachi Systems Power Service, Ltd.; Japan is promoting the adoption and expansion of renewable energy sources as a measure to reduce greenhouse gases. TEPCO); TEPCO Energy Partner, Inc.; and Hitachi Solutions, Ltd.—have

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How Smart EV Charging Will Help Promote Renewable Power Generation

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The proportion of grid electricity generated by renewables such as wind and solar energy fluctuates depending on how hard the wind is blowing or how strong the sun is shining. This can lead to a huge variation in the grid power available, which can be a problem for power companies. How EVs can help balance the grid.

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Toshiba H2One hydrogen-based autonomous energy supply system now providing power to a Kyushu Resort Hotel; hydrogen storage alloy

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Toshiba Corporation announced that H2One, Toshiba’s hydrogen-based autonomous energy supply system, which integrates renewable energy generation and uses hydrogen as a fuel for power generation, has entered operation in the Phase-2 building of the Henn na Hotel, at the Huis Ten Bosch theme park in Nagasaki, Kyushu.

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Volkswagen commissions fast-charging park with 570 kWh of second-life MEB cell modules

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At the Zwickau vehicle plant, Volkswagen commissioned the first fast-charging park in Saxony supplied with energy largely from a power storage container (PSC). The PSC is an electricity storage unit and consists of 96 cell modules with a net capacity of 570 kWh.

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Sandy solution for renewable energy storage; Thermal Energy Storage System

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Sand is emerging as a key ingredient in the race to develop a viable electricity storage system for renewable energies. Australia-based Latent Heat Storage has developed a low cost thermal energy storage system based on the latent heat properties of silicon derived from sand. by Andrew Spence.