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ICL model predicts lithium-ion batteries most competitive for storage applications by 2030

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levelized cost)—as opposed to the investment cost—of 9 electricity storage technologies for 12 different applications between 2015 and 2050. The model predicts lithium-ion batteries to be the cheapest technology in the coming decades. An open-access paper on their work is published in the journal Joule.

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Thermal Energy Storage Is No Longer Just Hot Air

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Cheesecake is part of a cohort of companies trying to meet a growing need for alternative forms of energy storage. As countries transition away from fossil fuels to green sources of energy like wind and solar, there will be natural lulls in energy production due to weather conditions.

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Continuous test operation begins for large-format Li-ion energy storage system at power plant

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Evonik Industries, STEAG, and other project partners put a lithium electricity storage system (LESSY) into operation at STEAG’s Fenne power plant in Völklingen, Saarland, Germany. The large-format energy storage system was developed under a research initiative sponsored by the German Federal Ministry of Education and Research.

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Electrovaya Partners on Approx. $7.5M Utility Energy Storage Demonstration

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Canada-based Li-ion maker Electrovaya Inc. is the energy storage partner for a utility demonstration project led by CEATI International Inc., The project has been conditionally approved for partial funding support from the Government of Canada’s Clean Energy Fund and final contract negotiations are underway.

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

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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.

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Volvo Buses in project researching use of second-life electric bus batteries to store solar energy

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Volvo Buses is participating in a research project in which used electric bus batteries are used as solar energy storage units. Batteries from electric bus route 55 in Gothenburg, Sweden are being used for solar energy storage in a second-life application. —Ylva Olofsson, Project Coordinator at Volvo.

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STEAG investing €100M in a total of 90 MW of grid energy storage systems with LG Chem Li-ion batteries

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German utility STEAG is investing around €100 million in grid energy storage systems (ESS) totalling 90 MW, equipped with Li-ion cells from LG Chem.

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