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Western Lithium to Acquire Rocky Mountain Resources for Vanadium Resources

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Western Lithium Canada Corporation and Rocky Mountain Resources Corp. The companies believe that a combination of Nevada based strategic metals for applications in electrical storage and other industrial uses will provide operational and corporate synergies, and accretive value to shareholders.

Nevada 199
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Japan V2G demonstrator project using EVs as virtual power plant resource; METI funding

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—have been selected by the Ministry for Economy, Transport and Infrastructure (METI) to receive grants under METI’s FY2018 Sustainable open Innovation Initiative (SII) to help fund “A Demonstrator Project for A Virtual Power Plant Utilizing Consumer Energy Resources (V2G Aggregator Project)”.

Japan 218
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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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NIMS researchers report 500 Wh/kg+ Li-air battery

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Because of these potential advantages, they may find use in a wide range of technologies, such as drones, electric vehicles and household electricity storage systems. The team then plans to expedite efforts to put the battery into practical use at the NIMS-SoftBank Advanced Technologies Development Center.

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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. Oliver Schmidt, Sylvain Melchior, Adam Hawkes, Iain Staffell (2018) “Projecting the Future Levelized Cost of Electricity Storage Technologies,” Joule doi: 10.1016/j.joule.2018.12.008.

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Hybrid biomass flow battery stores electricity and produces valuable chemicals at the same time

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A rechargeable biomass battery was designed to integrate electricity storage/generation and electrosynthesis of useful chemicals from furfural in one system. Resources Li, J., 2023) “Rechargeable Biomass Battery for Electricity Storage/generation and Concurrent Valuable Chemicals Production” Angew. 202304852

Store 368
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California PUC requires SCE to procure at least 50 MW of new electrical capacity in LA Basin from energy storage systems

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Among the requirements of the decision is that at least 50 MW must be procured from energy storage resources. and at least 150 MW through preferred resources (energy efficiency, demand response, and distributed generation). Going forward, SCE’s customers will not be solely reliant on a fossil fueled electric supply.