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Pike Research forecasts $18B market in 2020 for advanced lead-acid batteries, 58% in transportation

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In a new report, Pike Research forecasts that the advanced lead-acid battery (LAB) market will expand at a compound annual growth rate (CAGR) of 19.8% The market value for advanced lead-acid batteries in grid storage will be approximately $6.8 over the next 8 years. billion in 2020, according to Pike.

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JERA and Toyota deploy first large capacity Sweep Energy Storage System with second-life batteries

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The system was built using batteries reclaimed from electrified vehicles (HEV, PHEV, BEV, FCEV) and is connected to the consumer electrical power grid. JERA and Toyota began discussions in 2018 to establish battery reuse technologies, which eventually led to this large-capacity, grid-connected Sweep Energy Storage System.

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ALABC lead-acid UltraBattery Civic hybrid surpasses 100,000 miles of fleet duty

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In a project co-funded by the US Department of Energy and managed by Ecotality North America, the Advanced Lead Acid Battery Consortium (ALABC) has demonstrated the durability of lead-carbon batteries in the high-rate, partial state-of-charge operation of a hybrid electric vehicle. Source: DOE. Click to enlarge.

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IDTechEx forecasts second-life EV battery market to reach US$7B by 2033

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IDTechEx forecasts that the second-life EV battery market will reach US$7B in value by 2033. The second-life EV battery market adds value to future energy infrastructure, creates a circular economy for electric vehicle (EV) batteries, and provides a lower levelized cost of storage compared to new batteries.

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False Starts: The Story of Vehicle-to-Grid Power

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They wanted to see whether an electric vehicle could feed electricity back to the grid. The company’s president, Tom Gage , dubbed the system “vehicle to grid” or V2G. And EV owners would become entrepreneurs, selling electricity back to the grid. And indeed, that’s how promoters of vehicle-to-grid technology perceive the EV.

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NEC Energy to use 24M semi-solid Li-ion batteries in its grid storage systems

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Battery start-up 24M and NEC Energy Solutions, Inc. have signed a Memorandum of Understanding (MoU) whereby 24M has agreed to supply its semi-solid lithium-ion cells ( earlier post ) for use in NEC Energy Solutions’ integrated storage systems.

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Stanford study quantifies energetic costs of grid-scale energy storage over time; current batteries the worst performers; the need to improve cycle life by 3-10x

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A plot of ESOI for 7 potential grid-scale energy storage technologies. Benson from Stanford University and Stanford’s Global Climate and Energy Project (GCEP) has quantified the energetic costs of 7 different grid-scale energy storage technologies over time. Credit: Barnhart and Benson, 2013. Click to enlarge. A new study by Charles J.