Remove Electric Vehicles Remove Electrical Storage Remove Grid Remove Market
article thumbnail

Vattenfall, BMW and Bosch test second-life EV battery electricity storage in Hamburg for grid stabilization

Green Car Congress

Vattenfall, BMW and Bosch are testing the use of second-life EV batteries in a 2 MW, 2,800 kWh energy storage system in Hamburg, Germany, to keep the electricity grid stable. The electricity storage facility comprises 2,600 battery modules from more than 100 electric vehicles.

article thumbnail

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

Green Car Congress

The Roadmap includes an aggressive but what it says in an achievable goal: to develop and domestically manufacture energy storage technologies that can meet all US market demands by 2030. The Policy and Valuation Track will provide data, tools, and analysis to support policy decisions and maximize the value of energy storage.

article thumbnail

Brattle Group: electric power sector investments of $75B – $125B needed to support projected 20M EVs in US by 2030

Green Car Congress

Electric vehicles (EVs) will be a major disruptor for the US electric power sector, with the number of EVs in the US projected to increase from 1.5 The batteries installed in 20 million EVs will have up to 1,600 GWh of electricity storage capacity. million in 2020 to 10–35 million by 2030.

Power 243
article thumbnail

ENGIE New Ventures increases investment in 2nd-life battery company Connected Energy

Green Car Congress

Connected Energy’s E-STOR, a stationary energy storage technology that extends the life of electric vehicle batteries by 5-10 years, is deployed whenever flexible, modular and short or longer-term electricity storage systems are needed.

Connect 186
article thumbnail

The Role of Power Utilities in Turning EVs into a Grid Asset – Part 2

Driivz

Part 1 of this two-part blog discusses the challenges facing electric utilities – both electricity generators and grid operators – with electric vehicle (EV) adoption coinciding with the electrification of buildings, heating, and industry. That is one way to balance the load on the grid.

Grid 52
article thumbnail

DOE announces finalists of Geothermal Lithium Extraction Prize

Green Car Congress

Demand for lithium—a critical material used in batteries for electric vehicles, grid-scale electricity storage, phones, and laptops—has grown rapidly in recent years, with global demand expected to increase 500% by 2050.

Utah 259
article thumbnail

NIST Releases EPRI Report on Smart Grid Development; Priorities, Standards, Architecture

Green Car Congress

Smart Grid electric transportation applications summary communications diagram. The US Commerce Department’s National Institute of Standards and Technology (NIST) released for public review a report that identifies issues and proposes priorities for developing technical standards and an architecture for a US Smart Grid.

EPRI 150