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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.

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China’s battery storage capacity growth likely to slow in 2024 – ET Auto

Baua Electric

CNESA forecast improvements in the economics of battery energy storage in China this year, without providing specifics. Growth in China’s battery storage capacity could slow down in 2024, according to an industry association, as energy storage struggles with low profitability.

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China’s battery storage capacity growth likely to slow in 2024 – ET Auto

Baua Electric

Growth in China’s battery storage capacity could slow down in 2024, according to an industry association, as energy storage struggles with low profitability. That estimate lags the expected growth in sales of energy storage products, which will rise 35% year-on-year globally, according to the white paper.

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3 Oil Majors That Bet Big On Renewables

Green Car Congress

Despite the much-vaunted megatrend involving the global electrification drive and shift to renewable energy , the most ambitious pledges by Big Oil to pursue net-zero agendas remain weak at best. Natural gas does produce about 28% less CO2 emissions than heating oil and 50% less than coal for the same amount of energy when burned.

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Gravity Batteries, Green Hydrogen, and a Thorium Reactor for China

Cars That Think

2021 was a big year for energy-related news, what with the ongoing hunt for new forms of energy storage and cleaner if not carbon-free electricity and events and research that spotlighted the weak links in our power grid. Well, let's think. And nature ‘messed’ with that judgment.”

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Wind-to-Hydrogen Tech Goes to Sea

Cars That Think

Hydrogen is thus greasing the wheels of the global transition to cleaner energy. In 2021, global hydrogen demand was 94 million tonnes, most of it used in refining and in chemical industries. The home base for much of our PtX-focused research is the Energy Lab 2.0 And the world is going to need a lot more of it.

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How to Hasten India’s Transition Away From Coal

Cars That Think

The rising threat of global warming requires that every country act now. One might argue that the onus of reversing global warming should fall on the developed world, which on a per capita basis consumes much more energy and emits significantly more greenhouse gases. The end-to-end round-trip energy loss is about 5 percent.

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