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DOE releases Energy Storage Grand Challenge Roadmap; 44% reduction in manufactured cost for 300-mile EV pack by 2030

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The US Department of Energy (DOE) released the Energy Storage Grand Challenge Roadmap , the Department’s first comprehensive energy storage strategy. billion into energy storage research and development—$400 million per year, on average.

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MIT researchers propose subsea version of pumped hydro for renewable energy storage

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Researchers at MIT are proposing using a variation on pumped hydroelectric systems for storage of electricity produced by offshore wind farms. The key to this Ocean Renewable Energy Storage (ORES) system is the placement of 30-meter-diameter hollow concrete spheres on the seafloor under the wind turbines. Slocum, A.H.;

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Lux Research: transportation and stationary energy storage passing consumer electronics as largest energy storage markets by next year

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Although consumer electronics—devices such as smartphones and laptops—have traditionally driven the most demand for energy storage devices, transportation and stationary applications will soon become the largest energy storage markets, according to Lux Research. billion opportunity in 2025.

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Ecoult awarded largest battery-based renewable energy storage project in Australia; 1.6 MWh UltraBattery system

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Australia-based Ecoult has been awarded a Hydro Tasmania contract to supply the largest battery-based renewable energy storage system in Australia for the King Island Renewable Energy Integration Project (KIREIP). The storage system will have the capacity to power the entire island for up to 45 minutes.

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BASF announces winners of the open innovation contest on energy storage

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The winning concepts were: A molten air battery that uses a molten salt electrolyte at elevated temperature from Professor Stuart Licht at George Washington University. The Open Innovation Contest, initiated by BASF at the beginning of February, aims to find ideas for the storage of energy from renewable energy sources.

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

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million investment from Providence Asset Group to develop a hydrogen hydride storage system that could mean cheaper, safer storage for renewable energy for a range of applications, including residential. Researchers at UNSW Sydney (Australia), with partner H2Store , an Australian start-up, have received a $3.5-million

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BMW i home energy storage system integrates 2nd-life i3 vehicle batteries

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BMW i announced a home stationary energy storage system solution integrating its BMW i3 vehicle battery at EVS 29 in Montréal. The concept announced at EVS29 is the first market-ready home storage system using a second-life automotive BMW i3 high-voltage battery integrated by BECK Automation (Würzburg, Germany).