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

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Renewable energy sources are central to the energy transition toward a more sustainable future. However, because sunshine and wind are inherently variable and inconsistent, finding ways to store energy in an accessible and efficient way is crucial. An open-access paper on the work is published in the journal Energies.

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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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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. with a particle size below 10 nm).

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Power-to-gas trial to inject hydrogen into Australia’s gas grid; A$5M award to AquaHydrex

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On behalf of the Australian Government, ARENA has provided A$5 million (US$4 million) in funding to Wollongong-based AquaHydrex to develop commercially its new class of electrolyzer to produce cheap hydrogen from splitting water. In the future, there will be increasing amounts of surplus renewable energy when it is sunny or windy.

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Utility solar dethrones coal as the cheapest power source in Asia

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The driving force behind this trend is the substantial reduction in capital costs for renewable energy projects. China leads the pack with a 40-70% cost reduction in utility-scale solar, onshore wind, and offshore wind compared to other Asia Pacific markets.

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Solar and Battery Companies Rattle Utility Powerhouses

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Analysts and power insiders sketch scenes including interconnected local renewable grids that draw on short-duration battery storage (including the small batteries in electric vehicles in a garage, models for which Tesla just happens to make) combined with multi-day storage for power generated by wind and solar.

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