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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

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This year’s outlook is the first to highlight the significant impact that falling battery costs will have on the electricity mix over the coming decades. We see $548 billion being invested in battery capacity by 2050, two thirds of that at the grid level and one third installed behind-the-meter by households and businesses.

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OSU hybrid “solar battery” uses photo-assisted charging to improve performance of Li-air batteries; “negative overpotential”

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Researchers at The Ohio State University have developed a novel strategy to improve the efficiency and performance of non-aqueous lithium-oxygen (Li-air) batteries. O 2 batteries are based on the oxidation of lithium at the (lithium) metal electrode and reduction of oxygen at the air electrode to induce current flow. Earlier post.).

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Utility solar dethrones coal as the cheapest power source in Asia

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Photo: China News Service Renewable energy costs in Asia last year were 13% cheaper than coal and are expected to be 32% cheaper by 2030, according to a new study. China leads the pack with a 40-70% cost reduction in utility-scale solar, onshore wind, and offshore wind compared to other Asia Pacific markets.

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Renault and Powervault in EV battery “second-life” partnership trial

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In the UK, Renault and Powervault are partnering to re-use electric vehicle (EV) batteries in home energy storage units. This partnership will reduce the cost of a Powervault smart battery unit by 30%, helping Powervault to bring home energy storage to the tipping point of mass-market roll-out in the UK.

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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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The total demand for batteries from the stationary storage and electric transport sectors is forecast to be 4,584GWh combined by 2040, providing a major opportunity for battery makers and miners of component metals such as lithium, cobalt and nickel. Global cumulative energy storage installations.

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BNEF report finds hydrogen promising decarbonization pathway, but carbon prices and emissions policies required

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The falling cost of making hydrogen from wind and solar power offers a promising route to cutting emissions in some of the most fossil-fuel-dependent sectors of the economy, such as steel, heavy-duty vehicles, shipping and cement, according to a new report from BloombergNEF (BNEF). Abatement cost with hydrogen at $1/kg (7.4/MMBtu).

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Harvard team demonstrates new metal-free organic–inorganic aqueous flow battery; potential breakthrough for low-cost grid-scale storage

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Researchers at Harvard have demonstrated a metal-free organic–inorganic aqueous flow battery—a quinone–bromide flow battery (QBFB)—as an example of a class of energy storage materials that exploits the favorable chemical and electrochemical properties of a family of molecules known as quinones. Huskinson et al. Background.

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