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China’s battery storage capacity growth likely to slow in 2024 – ET Auto

Baua Electric

“In 2024, the entire world is in a stage of reconfiguring supply chains, geopolitics are bringing new challenges to supply chains,” CNESA said in the white paper. That estimate lags the expected growth in sales of energy storage products, which will rise 35% year-on-year globally, according to the white paper.

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China’s battery storage capacity growth likely to slow in 2024 – ET Auto

Baua Electric

CNESA forecast improvements in the economics of battery energy storage in China this year, without providing specifics. Growth in China’s battery storage capacity could slow down in 2024, according to an industry association, as energy storage struggles with low profitability.

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California Hydrogen Business Council says a robust P2G RD&D program should be a priority for the state

Green Car Congress

The case for using Power-to-Gas solutions to store renewable energy is compelling for a number of important use cases, according to a new white paper released by the California Hydrogen Business Council (CHBC). P2G systems use electrolysis powered by renewable energy to split water into hydrogen and oxygen—i.e.,

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Rolls-Royce Power Systems road map for climate-neutrality; 35% cut by 2030 from 2019; key role of mtu engines

Green Car Congress

By 2030, the Rolls-Royce business unit is to cut greenhouse gas emissions by 35% compared to its 2019 level through the use of new net zero and zero carbon technologies. Depending on the application this can be an electric motor, if rotatory mechanical power is needed, or a static solution, like a fuel cell or battery.

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Southern California Edison introduces clean energy proposal to meet state’s climate, air quality goals; >7M EVs (24%) by 2030

Green Car Congress

SCE describes its Clean Power and Electrification Pathway in a white paper. The approach builds upon existing state programs by identifying cost-effective actions to increase clean energy in the electric system and to leverage that clean electricity in the transportation and building sectors to achieve needed emissions reductions.

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