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BNEF forecasts global energy storage market to grow 15-fold by 2030 to 411 GW/1194 GWh

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Energy storage installations around the world are projected to reach a cumulative 411 GW (or 1,194 GWh) by the end of 2030, according to the latest forecast from research company BloombergNEF (BNEF). That is 15 times the 27GW/56GWh of storage that was online at the end of 2021.

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Hydrogenics wins order from E.ON for power-to-hydrogen-gas energy storage project in Germany

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for a “Power-to-Gas” project in Germany. The 2 MW energy storage facility, to be located in Falkenhagen in northeast Germany, will use surplus renewable energy sources to produce hydrogen for storage in the country’s existing natural gas pipeline network.

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thyssenkrupp’s water electrolysis technology qualified as primary control reserve in Germany; hydrogen production for the electricity market

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Operators can now link their plants to the German electricity market via E.ON’s virtual power plant. Earlier tests already demonstrated that our electrolysis plants can produce green hydrogen highly efficiently and with sufficient response speed and flexibility to participate in the energy balancing market. thyssenkrupp and E.ON

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Study IDs two compressed air energy storage methods, sites for the Northwest

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Researchers at the Department of Energy’s Pacific Northwest National Laboratory (PNNL) and Bonneville Power Administration (BPA) have identified two compressed air energy storage methods for the temporary storage of the Northwest’s excess wind power and two eastern Washington locations to put them into practice.

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Uniper receives €2.375M funding notification for Krummhoern hydrogen storage pilot

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Lower Saxony's Environment Minister Olaf Lies presented the funding notification of €2.375 million for Uniper’s planned hydrogen pilot project at the Krummhoern natural gas storage site. The climate crisis and the war against Ukraine are forcing us to push ahead with the energy transition at top speed. —Olaf Lies.

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BMW i home energy storage system integrates 2nd-life i3 vehicle batteries

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BMW i announced a home stationary energy storage system solution integrating its BMW i3 vehicle battery at EVS 29 in Montréal. The concept announced at EVS29 is the first market-ready home storage system using a second-life automotive BMW i3 high-voltage battery integrated by BECK Automation (Würzburg, Germany).

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Volkswagen pairs with E.ON for 150 kW EV fast charger capable of energy storage

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Volkswagen has announced that it will collaborate with German electric utility company E.ON to develop an electric vehicle fast charger that can charge two EVs simultaneously with 150 kW. The fast charger will also have energy storage capabilities thanks to a storage battery. Drive Booster.