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BNEF ups forecast for global investment in stationary energy storage, sees majority of capacity likely to be grid-scale

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Energy storage installations around the world will multiply exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). Global cumulative energy storage installations. Source: BloombergNEF.

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Thermal Energy Storage Is No Longer Just Hot Air

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The company is building these shipping container systems, which work like giant batteries that store energy as heat and pressurized air , rather than a chemical reaction (Cheesecake’s name is derived from a nerdy acronym for their technology.) Recent years have seen the construction of large lithium-ion battery farms that do just that.

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New concept with anthraquinone-based organic cathode advances aluminum battery technology

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Researchers from Chalmers University of Technology, Sweden, and the National Institute of Chemistry, Slovenia, have developed a new concept for an aluminum battery delivering twice the energy density as previous versions, made of abundant materials, and with the potential to reduce production costs and environmental impact.

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Lead battery research consortium promises big leap in performance; technical roadmap under development

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A global battery consortium charged with advancing lead battery technology has re-launched as it prepares a new technical roadmap designed to extend both the performance and lifetime of the core battery technology. I expect worldwide demand for energy storage to jump significantly in the next decade.

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Total, Groupe PSA forming JV to produce EV batteries in Europe; €5B program; €200M pilot plant at Saft Nersac

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Energy major Total, through its wholly-owned subsidiary Saft, and Groupe PSA with Opel, intend to establish a joint venture named Automotive Cell Company (ACC) to develop EV battery manufacturing in Europe. The project will leverage cutting-edge R&D, notably provided by Saft, in order to produce EV batteries starting in 2023.

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MITEI study finds hydrogen-generated electricity is a cost-competitive candidate for backing up wind and solar

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A team at MITEI (MIT Energy Initiative) has found that hydrogen-generated electricity can be a cost-competitive option for backing up wind and solar. Low- and zero-carbon alternatives to greenhouse-gas emitting peaker plants are in development, such as arrays of lithium-ion batteries and hydrogen power generation.

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Pike Research Forecasts Energy Storage Ancillary Services Market to Reach $6.6 Billion by 2019

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A new report from Pike Research, Energy Storage Systems for Ancillary Services , forecasts that global investment in ancillary services systems for electric power will grow from $227 million in 2010 to $6.6 billion by 2019. The ideal response time is in many cases instantaneous.