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China’s battery storage capacity growth likely to slow in 2024 – ET Auto

Baua Electric

CNESA forecast improvements in the economics of battery energy storage in China this year, without providing specifics. Growth in China’s battery storage capacity could slow down in 2024, according to an industry association, as energy storage struggles with low profitability.

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China’s battery storage capacity growth likely to slow in 2024 – ET Auto

Baua Electric

Growth in China’s battery storage capacity could slow down in 2024, according to an industry association, as energy storage struggles with low profitability. Under a more “ideal” scenario, the association sees China’s new energy storage capacity installations rising 19% year-on-year to 41.2GW, the white paper found.

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Geely invests in Carbon Recycling Intl.; vehicles fueled by methanol from CO2, water and renewable energy

Green Car Congress

Geely Group and CRI intend to collaborate on the deployment of renewable methanol fuel production technology in China and explore the development and deployment of 100% methanol-fueled vehicles in China, Iceland and other countries. Methanol in China. It will also allow us to promote advanced methanol technology in Europe.

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UN Environment report says national GHG pledges only bring one-third of reductions needed for Paris Agreement

Green Car Congress

CO 2 emissions have remained stable since 2014, driven in part by renewable energy, notably in China and India, however the atmospheric concentration continues to increase ( earlier post ). There are an estimated 6,683 operating coal-fired power plants in the world, with a combined capacity of 1,964 GW.

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How to Prevent Blackouts by Packetizing the Power Grid

Cars That Think

That need for balance is true of electric power grids, too. Second, conventional coal and nuclear plants are being retired for economic and policy reasons, removing stable sources from the grid. China is a leader in this approach, but it’s incredibly expensive and requires an enormous amount of political will.

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A Skeptic’s Take on Beaming Power to Earth from Space

Cars That Think

The accelerating buildout of solar farms on Earth is already hitting speed bumps, including public pushback against the large tracts of land required and a ballooning backlog of requests for new transmission lines and grid connections. Space authorities in China aim to put a small test satellite in low Earth orbit (LEO) later this decade.

Power 134
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). Although not part of the conferences formal structure, the themes were addressed in the presentations and panel discussions.

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