Remove 2019 Remove Cost Of Remove Energy Remove Grid
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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. —Logan Goldie-Scot, head of energy storage at BNEF.

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California Energy Commission awards SPARKZ $2.6M to support development of cobalt-free solid-state batteries

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million from the California Energy Commission (CEC) to extend its development into solid-state batteries. Sparkz cobalt-free battery offers 2X the energy density compared to other cobalt-free batteries (Lithium Iron Phosphate or LFP) being produced predominantly in China. SPARKZ was founded in late 2019 and has been in stealth mode.

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UPS-led SEUL consortium switches on smart-grid fleet charging solution in London; maxing out on EVs without expensive grid upgrades

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A UPS-led consortium has deployed new smart-grid charging technology in London that overcomes the challenge of simultaneously recharging an entire fleet of electric vehicles (EVs) without the need for the expensive upgrade to the power supply grid. A key part of this initiative is the use of onsite energy storage batteries.

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Japan team evaluates battery-assisted low-cost hydrogen production from solar energy

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The results from this study suggested a cost of hydrogen as low as ¥17 to ¥27/Nm 3 (US$0.16 - $0.25) using a combination of technologies and the achievement of ambitious individual cost targets for batteries, PV, and electrolyzers. For comparison, the US DOE’s 2020 target for the levelized cost of hydrogen (production only) is $2.30/kg.

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Con Edison testing V2G service from 5 electric school buses

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Con Edison has begun using the batteries on five Lion Electric electric school buses to provide power to its customers, marking the first time in New York State that electricity has flowed from buses into a utility’s grid. The chargers reverse the flow of power into the grid at times when the buses are not transporting children.

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IRENA report says tripling renewables investment required to reach 2050 climate goal

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Global renewable energy investment increased between 2013 and 2018, reaching its peak at US$351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative (CPI). Renewable energy investment slightly declined in 2018, with modest growth through 2019.

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UPS collaborating with Workhorse to deploy 50 electric trucks; rivaling acquisition cost of conventional; no subsidies

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Workhorse claims these vehicles provide nearly 400% fuel efficiency improvement as well as optimum energy efficiency, vehicle performance and a better driver experience. Following real-world test deployments, UPS and Workhorse will fine-tune the design in time to deploy a larger fleet in 2019 and beyond.

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