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Pike Forecasts Grid Stationary Energy Storage Market to Reach $35B by 2020; Significant Opportunity for CAES, Li-ion and Flow Batteries

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Demand is being driven by several key trends including the proliferation of renewable energy from variable sources such as wind and solar, the expansion of utility smart grid initiatives, and the introduction of plug-in hybrid and electric vehicles, Pike says. Energy storage on the grid addresses several pressing market needs.

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BMW i home energy storage system integrates 2nd-life i3 vehicle batteries

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The battery storage system also includes a voltage converter and power electronics to manage the energy flow between renewable energy sources, the house interface, and the Li-Ion high-voltage battery from the BMW i3. The system has been designed to be integrated into the house energy supply chain. ChargeForward.

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CalSEED awards $4.2M to early-stage clean energy innovations

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This novel technology would deliver safe, reliable, resilient, and cost-effective electric power in the grid. This technology could reduce electricity/energy bills, pollution from power plants, risks of blackouts, the need for new power plants, and pollution from power plant generation. Leap Photovoltaics Inc.

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Elcora acquires vanadium sites in quest to further position in battery technologies

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Elcora’s methodology in processing, along with mining and battery experience, creates an opportunity to leverage battery metals and minerals critical to energy storage applications. Vanadium’s role in the growing energy grid storage will increase over the coming years. Therefore, the need for energy storage is crucial.