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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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Sandy solution for renewable energy storage; Thermal Energy Storage System

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Sand is emerging as a key ingredient in the race to develop a viable electricity storage system for renewable energies. Australia-based Latent Heat Storage has developed a low cost thermal energy storage system based on the latent heat properties of silicon derived from sand. —Jonathan Whalley.

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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 system utilizes BMW i3 high-voltage batteries and can be expanded to incorporate second-life batteries as they become available in the market.

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

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ENGIE New Ventures, the corporate venture fund of ENGIE, is participating in a new round of investment to further the development of Connected Energy. Based in the United Kingdom, Connected Energy uses end-of-life EV batteries to create energy storage systems. —Matthew Lumsden, CEO of Connected Energy.

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

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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. Canada-based Li-ion maker Electrovaya Inc.

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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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Lux Research: the $40,000, 200-mile-range EV is the biggest coming growth opportunity for energy storage in transportation

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Analysis by Lux Research suggests that the market space represented by the emerging lower-cost, 200-mile-range EV will be the biggest coming growth opportunity in electric storage for transportation. billion worth of energy storage. billion worth of energy storage in 2014. billion worth.