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Profiteering Hampers U.S. Grid Expansion

Cars That Think

The United States is not building enough transmission lines to connect regional power networks. The deficit is driving up electricity prices, reducing grid reliability, and hobbling renewable energy deployment. grids demands public scrutiny and accountability. Their grip over the backbone of U.S.

Grid 141
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SHV Energy and LanzaTech partner to develop renewable propane solutions

Green Car Congress

SHV Energy and LanzaTech are partnering to employ LanzaTech’s Carbon Capture and Transformation (CCT) technology to bring renewable propane and other sustainable fuels to the market via existing and novel pathways. Additional plants are under construction globally. —Bram Gräber, SHV Energy CEO.

Renewable 195
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DOE renews funding for PowerAmerica Institute; next-gen WBG semiconductors for power electronics

Green Car Congress

The US Department of Energy (DOE)’s Advanced Materials and Manufacturing Technologies Office (AMMTO) renewed funding for PowerAmerica , DOE’s first Clean Energy Manufacturing Innovation Institute. Raleigh-based PowerAmerica commercialized more than 10 WBG technologies over five years.

Renewable 195
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BNEF forecasts global energy storage market to grow 15-fold by 2030 to 411 GW/1194 GWh

Green Car Congress

An estimated 387GW/1,143GWh of new energy storage capacity will be added globally from 2022 to 2030, according to the forecast—more than Japan’s entire power generation capacity in 2020. The US and China are set to remain the two largest markets, representing more than half of global storage installations by the end of the decade.

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US Army orders 88 EV ARC off-grid EV charging systems from Beam Global – Charged EVs

Baua Electric

Beam Global has secured an order from the US Army Corps of Engineers for 88 more EV ARC off-grid charging systems. Beam Global’s EV ARC is a portable off-grid charging system that includes solar panels and battery storage. The EV ARC systems will be deployed across 21 locations in 16 states.

Grid 52
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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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Global cumulative energy storage installations. The report goes on to model the impact of this on a global electricity system increasingly penetrated by low-cost wind and solar. In the near term, renewables-plus-storage, especially solar-plus-storage, has become a major driver for battery build. Source: BloombergNEF.

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Benchmark: global battery industry needs to invest $514B to meet demand in 2030; $920B by 2035

Green Car Congress

Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. This includes spending on renewables such as wind and solar as well as grid and other infrastructure. Closing this 2.7