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DOE to fund research to reduce costs of high-voltage direct current (HVDC) transmission

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The US Department of Energy’s (DOE) Wind Energy Technologies Office (WETO) and Office of Electricity (OE) plan to fund (DE-FOA-0003241) research to drive innovation and reduce costs of high-voltage direct current (HVDC) voltage source converter (VSC) transmission systems.

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Highview Power and Encore Renewable Energy to co-develop the first long-duration, liquid-air energy storage system in US

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Highview Power Storage, Inc., Highview Power’s proprietary liquid air energy storage system, called CRYOBattery, relies on low-risk, proven technology, generates zero emissions, has zero water impact and can be delivered at a cost of approximately half of the current cost of traditional lithium-ion batteries.

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New long-duration, extended capacity Na-Al battery design for grid storage

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The new battery design could help ease integration of renewable energy into the electrical grid at lower cost, using Earth-abundant metals, according to a study just published in Energy Storage Materials. h is achieved with an estimated raw active materials cost of $7.02 mAh cm −2 , a discharge duration of 28.2

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IHS Markit: average cost of lithium-ion battery cell to fall below $100/kWh in 2023

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The average cost of a Li-ion battery cell—used to power electric vehicles and to provide flexibility in the power grid as more renewables, such as solar and wind, are added will fall below $100 per kilowatt hour (kWh) in the next three years, according to a new analysis by IHS Markit.

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CEC determines Diablo Canyon needed to support grid reliability

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The California Energy Commission (CEC) approved a staff analysis recommending the state pursue extending operation of Diablo Canyon Power Plant (DCPP) through 2030 to ensure electricity reliability. The nuclear power plant supplies about 17% of California’s zero-carbon electricity and 9% of total electricity.

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Shearwater Energy developing SMR wind-hybrid energy project; selects NuScale Power

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Power, LLC to provide the clean, base load and load-following energy for the proposed hybrid energy project. Shearwater signed a memorandum of understanding (MOU) with NuScale Power to further collaboration in advancing the proposed project. Power generation at Wylfa could begin as early as 2027.

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Octillion Power Systems debuts new EV battery-leasing plan

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Octillion Power Systems, a global provider of advanced lithium-ion storage systems for electric mobility ( earlier post ), announced a new demonstrator program for battery-leasing that allows batteries to be leased to fleet customers when they purchase vehicles. —Paul Beach, president, Octillion Power Systems. —Paul Beach.

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