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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

“In 2024, the entire world is in a stage of reconfiguring supply chains, geopolitics are bringing new challenges to supply chains,” CNESA said in the white paper. 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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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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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. This article, by researchers at PARC and the University of Washington, is one possible answer.

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3 Oil Majors That Bet Big On Renewables

Green Car Congress

Thanks to that savvy M&A move, Total is not only currently developing the largest energy storage facility in France, but it is also providing batteries for diverse industries including electric vehicles, military vehicles, medical applications, and even to the oil and gas sectors. Link to original article: [link].

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China’s Nio and CATL team up to develop longer life batteries – ET Auto

Baua Electric

Nio currently buys most of its batteries from CATL and has been exploring battery supplies from new partners such as CALB. Swapping could help to ease the strain on power grids at peak times when drivers recharge, but industry analysts and executives expect it will only become mainstream if batteries become more standardised.

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How to Prevent Blackouts by Packetizing the Power Grid

Cars That Think

Bad things happen when demand outstrips supply. We learned that lesson too well at the start of the pandemic, when demand for toilet paper, disinfecting wipes, masks, and ventilators outstripped the available supply. Clearly, balancing the supply and demand of goods is critical for a stable, normal, functional society.