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BNEF forecasts global energy storage market to grow 15-fold by 2030 to 411 GW/1194 GWh

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The “Inflation Reduction Act” will drive roughly 30GW/111GWh of energy storage build from 2022 to 2030, according to BNEF. Russia’s invasion of Ukraine has had a clear impact on energy storage deployments in Europe. Meanwhile, projects face long lead times to finance, develop and commission.

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Tesla says ‘nearly half’ of the vehicles it produced in Q1 equipped LFP batteries

Teslarati

Currently, LFP batteries are used in most of our standard range vehicle products, as well as commercial energy storage applications. Tesla had been using LFP battery cells in Asia and Europe for some time, while North American builds of the Model 3 SR+ utilized Nickel-Cobalt-Aluminum battery chemistries.

Batteries 124
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SpaceX wins OneWeb launch contracts, demonstrating extreme flexibility

Teslarati

Demonstrating a level of flexibility that no other commercial launch provider on Earth can likely match, SpaceX and OneWeb have entered into a major launch contract barely three weeks after Russia kicked the satellite internet company off of its Soyuz rockets. and ST-B rockets, including a mission completed as recently as February 10th, 2022.

Russia 98
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10 Graphs That Sum Up the State of AI in 2023

Cars That Think

Carbon costs are also high While it’s not easy to estimate carbon emissions of an AI system, the AI Index team gave it their best shot, considering the number of parameters in a model, the energy efficiency of data centers, and the type of power generation used to deliver electricity.

France 144
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Heat Pumps Go North

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These can be installed, obviously, standalone homes, but also townhomes, apartment buildings, and even high-rises. But it’s important to remember that there is a big upfront cost to installing these. So Russia’s gas exports to Europe have fallen sharply because of the tensions over Ukraine over the last couple of years.

Climate 68
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Opinion: The End Of An Era: Is The US Petrodollar Under Threat?

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The reasons for the cozier relationship between the two giant powers are, of course, rooted in the Ukraine crisis and subsequent Western sanctions against Russia, combined with China’s need to secure long-term energy supplies. It is no secret that Beijing has been looking to promote the yuan as an alternative reserve currency.

Russia 225
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Green Hydrogen Cars: How They are Different?

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However, due to its high production cost, there are some concerns regarding green hydrogen’s feasibility; realistic doubts that will dissipate as the earth’s decarbonisation continues and, as a result, the creation of renewable energy becomes less expensive.