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PNNL study finds 2028 grid resource adequacy likely sufficient for high EV penetration; managed charging strategies can double adequacy

Green Car Congress

A new study of the impact of high EV adoption on the Western US power grid by a team from Pacific Northwest National Laboratory (PNNL) has found that 2028 grid resource adequacy—from generation through transmission—is likely to be sufficient for high EV penetration.

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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

Green Car Congress

We see $548 billion being invested in battery capacity by 2050, two thirds of that at the grid level and one third installed behind-the-meter by households and businesses. The result will be renewables eating up more and more of the existing market for coal, gas and nuclear. Coal emerges as the biggest loser in the long run.

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Solar to displace natural gas in the daytime + in summer on the Texas grid

Baua Electric

Solar is forecast to displace natural gas in the middle of the day and in the summer on the Texas grid, according to the US Energy Information Administration (EIA). Texas’s electricity mix of energy sources managed by the Electric Reliability Council of Texas (ERCOT) electricity grid operator changed noticeably in 2023.

Texas 52
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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

Photo: China News Service Renewable energy costs in Asia last year were 13% cheaper than coal and are expected to be 32% cheaper by 2030, according to a new study. This is significant because it marks a shift toward making renewables increasingly competitive with coal, a mainstay in APAC’s energy mix.

Asia 52
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IBM introduces new wind and solar forecasting system for utilities; big data analytics and weather modeling to predict output

Green Car Congress

The solution combines weather prediction and big data analytics to forecast accurately the availability of wind power and solar energy. This will enable utilities to integrate more renewable energy into the power grid, the company says. This project contributes to China’s 5-year plan to reduce its reliance on fossil fuels.

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Pike Research: total capacity of worldwide spinning reserves for the grid to increase 40% by 2022

Green Car Congress

Spinning reserves are power generation or storage assets that can come online quickly to serve as bridge power for the grid to maintain system frequency stability during emergency operating conditions and unforeseen. generation; and the ability of a grid operator or vertically integrated utility to call upon. load swings.

Grid 199
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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. Grid-connected battery farms back up renewables when the sun is not shining or the wind is not blowing and are considered important to help integrate clean energy into power grids.

Auto 52