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DOE announces finalists of Geothermal Lithium Extraction Prize

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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. The winners will be announced in the fall of 2023 and receive $2 million total.

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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. by Andrew Spence.

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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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In addition to concerted research efforts, the Roadmap’s approach includes accelerating the transition of technologies from the lab to the marketplace, focusing on ways to manufacture competitively technologies at scale in the United States, and ensuring secure supply chains to enable domestic manufacturing.

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

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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.

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EU investing €1.8B in 17 large-scale clean tech projects

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Grants will be disbursed from the Innovation Fund to help bring technologies to the market in energy-intensive industries, hydrogen, renewable energy, carbon capture and storage infrastructure, and manufacturing of key components for energy storage and renewables. The EU is investing more than €1.8

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LowCVP reports indicate pathways for meeting renewable energy targets in transportation, decarbonizing fuel to 2030 and beyond

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The UK’s LowCVP has published twin reports which set out how the UK could meet its 2020 targets defined in the EU’s Renewable Energy Directive, and proceed on a pathway to decarbonize road transport fuel in the period to 2030 and beyond. Illustrative impact of the fuel roadmap. Source: LowCVP, Element Energy. Click to enlarge.

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

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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.

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