article thumbnail

IIASA-led study proposes Underground Gravity Energy Storage as long-term energy storage solution for renewables

Green Car Congress

However, because sunshine and wind are inherently variable and inconsistent, finding ways to store energy in an accessible and efficient way is crucial. While there are many effective solutions for daily energy storage, the most common being batteries, a cost-effective long-term solution is still lacking. Dabek, P.B.,

article thumbnail

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.

article thumbnail

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

Green Car Congress

launched its lithium-ion energy storage system for home usage. We’re expecting this product to be very popular in places like Germany and Japan as they move away from nuclear power towards sustainable alternative energy. Electrovaya Inc. Sankar Das Gupta, CEO of Electrovaya.

article thumbnail

EnerNOC and Tesla to collaborate on stationary energy storage

Green Car Congress

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. Markets, a Southern California supermarket chain.

article thumbnail

ICL researchers develop new membrane-based system for cheap, efficiently made biofuels

Green Car Congress

As well as being cleaner for the environment, biofuels are able to overcome issues with capacity and energy storage associated with other renewable technologies like batteries, which have so far prevented them being successfully adapted for use in aviation and long-distance transport.

Cheap 321
article thumbnail

Fraunhofer suggests e-scooters as application for its magnesium hydride paste hydrogen storage technology

Green Car Congress

Specific energies and energy densities including conversion losses. The award-winning POWERPASTE technology is patented (EU, US) and offers advantages over other energy storage technologies, in particular in the power range from 100 W to 10 kW, Fraunhofer researchers said. Source: Fraunhofer IFAM. —Marcus Vogt.

Hydrogen 435
article thumbnail

BNEF: China dominates the Li-ion battery supply chain, but Europe is on the rise

Green Car Congress

—James Frith, BNEF’s head of energy storage. In contrast, the UK could see its position in the rankings fall in 2025 if it becomes unable to access the large demand in continental Europe, which, at 152GWh, will be around five times the size of its domestic market.

Li-ion 459