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DOE launches Energy Storage Grand Challenge

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The US Department of Energy (DOE) launched the Energy Storage Grand Challenge , a comprehensive program to accelerate the development, commercialization, and utilization of next-generation energy storage technologies.

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JERA and Toyota deploy first large capacity Sweep Energy Storage System with second-life batteries

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JERA, the largest power generation company in Japan, responsible for about 30% of Japan’s electricity, and Toyota Motor have built and deployed the first large-capacity “Sweep Energy Storage System”. The sweep function, developed by Toyota Central R&D Labs, Inc.,

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GlobalData: Global battery energy storage market to grow by 7% to reach $13.13B by 2023

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The global battery energy storage market will to grow to $13.13 Asia-Pacific (APAC) and EMEA will be the dominant markets for battery energy storage systems over the forecast period 2019-2023. The US market for battery energy storage is estimated to reach $2.96bn in 2023, accounting for 23% of the global market.

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ABB partners with Vigor selects ABB as propulsion and energy storage partner for hybrid-electric ferries

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American shipbuilding company Vigor Fab LLC has selected ABB as the hybrid-electric propulsion and energy storage system provider for the newest additions to the Washington State Ferry fleet—the largest US ferry system. The first hybrid-electric Olympic Class ferry will join Washington State Ferries’ fleet in 2024.

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BNEF: energy storage is a $1.2-trillion investment opportunity to 2040

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The falling cost of batteries is set to drive a boom in the installation of energy storage systems around the world in the years from now to 2040, according to the latest annual forecast from research company Bloomberg NEF (BNEF). The global energy storage market will grow to a cumulative 942GW/2,857GWh by 2040, attracting $1.2

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Electrochemical energy storage startup SPARKZ licenses ORNL cobalt-free battery tech

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Stealth-mode electrochemical energy storage startup SPARKZ Inc. has exclusively licensed five battery technologies from the Department of Energy’s Oak Ridge National Laboratory (ORNL) designed to eliminate the use of cobalt metal in lithium-ion batteries. I look at this as a very strategic partnership. —Ilias Belharouak.

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UCSD study: under current policies, home energy storage would often increase carbon emissions

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Under current policies, home energy storage systems would also often increase carbon emissions, according to a study by a team of researchers at the University of California San Diego published in the journal Environmental Science & Technology. —lead author Oytun Babacan, a postdoc at the School of Global Policy and Strategy.