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BNEF ups forecast for global investment in stationary energy storage, sees majority of capacity likely to be grid-scale

Green Car Congress

Energy storage installations around the world will multiply exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). Global cumulative energy storage installations. Source: BloombergNEF.

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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.

Low Cost 374
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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.

Batteries 199
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Molten-Salt Battery Freezes Energy Over a Whole Season

Cars That Think

As the pressure to decarbonize electricity grids mounts, so does the need to have long-term storage options for power generated from renewables. While rechargeable batteries are the solution of choice for consumer-level use, they are impractical for grid-scale consideration.

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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

Wind power isn’t far behind While solar is surging ahead in terms of cost-effectiveness, onshore wind isn’t far behind despite costs being 38% more than solar in 2023. But while low costs support a continued boom in renewables investments, there is concern among investors on profitability, grid integration, backup, and energy storage.

Asia 52
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ARPA-E Soliciting Second Round of Proposals; $100 Million for Advanced Energy Research Projects, with Focus on CO2-to-Liquid Fuels, Plug-in Batteries and Carbon Capture

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ARPA-E’s first solicitation, announced earlier this year, was highly competitive and resulted in awarding $151 million to 37 projects aimed at transformational innovations in energy storage, biofuels, carbon capture, renewable power, building efficiency, vehicles, and other areas. Earlier post.)

Carbon 199
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CalSEED awards $4.2M to early-stage clean energy innovations

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The solicitation was designed as a call for early-stage clean energy innovations that fall within five defined technology areas: energy efficiency; energy storage; AI/machine learning; advanced power electronics/power conditioning; and zero- and negative-carbon emission generation. the cost of energy storage?by

Clean 371