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BNEF: Li-ion battery pack prices rise for first time since 2010 to an average of $151/kWh

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Rising raw material and battery component prices and soaring inflation have led to the first increase in lithium-ion battery pack prices since BloombergNEF (BNEF) began tracking the market in 2010. he upward cost pressure on batteries outpaced the higher adoption of lower cost chemistries like lithium iron phosphate (LFP).

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Study: California needs up to 55 GW of long duration energy storage by 2045; 150X the storage deployed since 2010

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By 2045, California will require the deployment of up to a staggering 55 gigawatts (GW) of long duration energy storage (LDES) to support its 100% clean electricity goals, according to a new modeling study released by the California Energy Storage Alliance (CESA). —Alex Morris, Executive Director of CESA.

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Mercom: Corporate funding for energy storage companies hit $26.4B in 2022; up 55% y-o-y

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Mercom Capital Group, a global clean energy research and communications firm, released its report on funding and mergers and acquisitions (M&A) activity in 2022 for the energy storage, smart grid, and energy efficiency sectors. Corporate funding for energy storage, smart grid, and energy efficiency companies.

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ARPA-E Battery/Storage Exposition 14 Jan

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The US Department of Energy’s (DOE’s) Advanced Research Projects Agency - Energy (ARPA-E) is hosting a pitch event, ARPA-E’s Battery/Storage Exposition, on 14 January 2021, from 1:00-3:00 pm EST. This event will feature pitches from a select group of ARPA-E teams developing energy storage technologies.

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SwRI opens Energy Storage Technology Center

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Southwest Research Institute has opened a new Energy Storage Technology Center , bringing its diverse scientific research, development and evaluation of energy storage systems under one roof. We now have 10 times the laboratory space devoted to energy storage research and testing.

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WAE introduces Elysia battery intelligence software

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Technology and engineering services company WAE Technologies (WAE) launched Elysia, its mass-market Battery Intelligence software offering designed to unlock significant improvements in the life, safety, usable energy, power, and rapid charging times of any battery system.

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Energy storage: the key to a decarbonised future

Setec Powerr

We are transitioning from fossil fuels to renewable energy sources such as wind and solar, and the use of energy storage is becoming more widespread. And with the popularity of electric vehicles, the grid is under more and more pressure, so the demand for energy storage is growing. Battery storage.