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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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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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Thermal Energy Storage Is No Longer Just Hot Air

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Cheesecake is part of a cohort of companies trying to meet a growing need for alternative forms of energy storage. As countries transition away from fossil fuels to green sources of energy like wind and solar, there will be natural lulls in energy production due to weather conditions.

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Volvo Buses in project researching use of second-life electric bus batteries to store solar energy

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Volvo Buses is participating in a research project in which used electric bus batteries are used as solar energy storage units. Batteries from electric bus route 55 in Gothenburg, Sweden are being used for solar energy storage in a second-life application. —Ylva Olofsson, Project Coordinator at Volvo.

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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.

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Electrovaya launches Li-ion residential energy storage system; 3 kWh – 20 kWh

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launched its lithium-ion energy storage system for home usage. The battery stores power from the grid or from solar panels and stores it for later household use. In some regions, utilities occasionally provide negative pricing to dump excess power when demand is very low, so users may actually be paid to store energy.

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EnerNOC and Tesla to collaborate on stationary energy storage

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a provider of energy intelligence software (EIS), will collaborate with Tesla on the deployment and management of energy storage systems in commercial and industrial buildings. Tesla announced its PowerWall line of stationary Li-ion battery storage systems last night. EnerNOC, Inc., Earlier post.).

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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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