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Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

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In its new report Energy Storage on the Grid (ESG), Pike Research forecasts that global spending in the ESG market will reach a little over $22 billion over the next 10 years. Energy storage on the grid is reaching a turning point. Installed revenue by ESG technology, worldwide. Click to enlarge. Earlier post.).

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Komatsu announces customer alliance to advance zero-emission mining; power-agnostic haul truck

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The alliance’s initial target is advancing Komatsu’s power-agnostic truck concept for a haulage vehicle that can run on a variety of power sources including diesel electric, electric, trolley (wired), battery power and even hydrogen fuel cells.

Las Vegas 435
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WAE introduces Elysia battery intelligence software

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The core offering is based around two key products: Elysia Embedded is a suite of battery management algorithms, which run locally on the Battery Management System (BMS)—for example directly on an EV’s battery or on a stationary energy storage system.

Batteries 334
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Cummins and Komatsu to collaborate on advancing development of zero emissions mining haul trucks

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In August 2021, Komatsu announced its power-agnostic truck concept for a haulage vehicle that can run on a variety of power sources, including diesel electric, trolley, battery power and hydrogen fuel cells. Working with Cummins is complementary to Komatsu’s development of the power agnostic truck.

Emissions 397
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Report: VW Group to decide how to proceed with Quantumscape solid state energy storage by July

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Bloomberg reports that the Volkswagen Group will decide by July how to proceed with solid state energy storage technology under development by Quantumscape ( earlier post) , citing Prof. Dr. Martin Winterkorn, Chairman of the Board of Management, who spoke outside a press conference in Stuttgart. Progress has been made, ” he said.

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Rolls-Royce launches new modular Li-ion battery system for ships: SAVe Energy

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Rolls-Royce is launching a lithium-ion based energy storage system for ships. Rolls-Royce has been delivering energy storage systems since 2010, however the actual energy storage units were previously supplied by an external party. Illustration of a ship system setup with batteries.

Li-ion 218
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Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

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Widely ignored, although gaining attention, is China’s strategic positioning as a crucial gatekeeper to several key “green” technologies, including battery energy storage to support electric vehicles (EVs)—specifically, battery electric vehicles (BEVs)—along with stationary storage for power grids.

China 416