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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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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. The EnergyBlock can also store energy directly from solar panels, power in remote locations and emergency power. Electrovaya Inc.

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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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Solar and Battery Companies Rattle Utility Powerhouses

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Tesla and its partner Octopus Energy Germany recently rolled out retail utility services in two large German states. The German initiative comes on the heels of a similar rollout through Octopus Energy last November in the United Kingdom. Harmony Energy seems pretty pleased. kWh battery wall unit.

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UNSW, H2Store to develop hydrogen storage for renewables; residential and commercial P2G

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Professor Kondo-Francois Aguey-Zinsou and his team at UNSW’s School of Chemical Engineering have developed a system that provides cheap storage and transportation of hydrogen which they expect will provide a new alternative for energy storage within two years. —Professor Aguey-Zinsou.

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