Lux predicts energy storage market will hit $546B by 2035

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The total energy storage market is expected to grow to $546 billion in annual revenue by 2035, according to a report released by Lux Research. The energy storage industry is poised for a massive increase in annual revenue and deployment capacity as key innovative technologies, such as solid-state batteries and flow batteries, reach commercialization. Stationary storage is expected to grow to $111.8

2020 105

Mercedes launches home energy-storage battery, echoing Tesla

Green Car Reports

As Tesla regularly points out, the lithium-ion battery cells used in electric cars can also serve in home energy-storage units. Mercedes-Benz Energy announced yesterday that it is working with Vivint Solar to develop home. Batteries Daimler solar roof plug-in cars solar energy storageNow, a Daimler company will go up against Tesla in that field under the branding of its most famous luxury-car make.

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Energy storage batteries face biggest test in California

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From the perspective of both renewable-energy advocates and electric utilities, grid-scale energy storage offers many potential benefits. By storing energy in battery packs for later use, energy storage can make intermittent renewable sources like solar and wind into more reliable forms of power. California energy policy renewable energy energy energy storage

Hydrogen embrittlement in ferritic steels creates complications for clean energy storage, transportation

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As the global energy market shifts from coal, petroleum fuel, and natural gas to more environmentally friendly primary energy sources, hydrogen is becoming a crucial pillar in the clean energy movement.

2020 90

DOE releases draft energy storage grand challenge roadmap and requests stakeholder input

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The US Department of Energy (DOE) released the Energy Storage Grand Challenge Draft Roadmap and a Request for Information (RFI) seeking stakeholder input on the Draft Roadmap. Announced in January 2020 by US Secretary of Energy Dan Brouillette, the Energy Storage Grand Challenge (ESGC) is a comprehensive program to accelerate the development, commercialization, and utilization of next-generation energy storage.

2020 71

BNEF: energy storage is a $1.2-trillion investment opportunity to 2040

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The falling cost of batteries is set to drive a boom in the installation of energy storage systems around the world in the years from now to 2040, according to the latest annual forecast from research company Bloomberg NEF (BNEF). The global energy storage market will grow to a cumulative 942GW/2,857GWh by 2040, attracting $1.2 We have become much more bullish about storage deployments since our last forecast a year ago. Global cumulative storage deployments.

2018 93

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. The TESS device stores electricity as thermal energy by heating and melting containers full of silicon. by Andrew Spence.

Nissan home energy-storage battery: another front against Tesla?

Green Car Reports

The Japanese carmaker will offer standalone battery packs for home energy storage. Batteries plug-in cars energy storageThe Nissan Leaf electric car doesn't compete directly with any of the luxury models from Tesla Motors, but Nissan is now targeting Tesla in a different arena. Available for pre-order in September, the xStorage line of battery packs was developed in concert with.

What maker offers electric cars, plus solar panels and energy storage, beside Tesla?

Green Car Reports

Japanese automaker Nissan previously offered home-energy storage solutions in Europe, dubbed Nissan xStorage, that utilized cells recycled from Nissan Leaf batteries. solar roof plug-in cars solar energy storage Solar CityWhile Tesla may be the automaker most known for marketing home-solar equipment, it's actually not the only player on the block.

2018 62

SwRI opens Energy Storage Technology Center

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Southwest Research Institute has opened a new Energy Storage Technology Center , bringing its diverse scientific research, development and evaluation of energy storage systems under one roof. The facility houses SwRI technology to evaluate and to develop battery and energy storage systems for electric, plug-in and hybrid electric vehicles; grid storage; flywheels; and stationary systems such as flow batteries for electric power grid applications.

2018 65

Northvolt & Vattenfall introduce modular energy storage solution to replace diesel generators

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Northvolt and Vattenfall have launched of a new battery energy storage solution, Voltpack Mobile System—a rugged, highly modular lithium-ion battery system envisioned as a zero-emission alternative to replace diesel generators. Voltpack Mobile System delivers up to 250 kW with a scalable capacity from 245 to 1225 kWh of available energy. The need for flexible energy solutions such as energy storage is vital for the transition to the new energy system.

2020 85

Home energy storage batteries lose to grid-connected solar on environmental impact

Green Car Reports

At first glance, renewable-energy sources like solar power and energy-storage battery packs seem like a logical match. Energy storage allows excess power collected by solar panels to be stored for later use, addressing the intermittent nature of solar power. Study electric utilities renewable energy energy energy storage

DOE to provide $6M for research to develop energy storage technologies for deployment with fossil assets

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The US Department of Energy’s (DOE) Office of Fossil Energy (FE) has announced up to $6 million in federal funding for cost-shared research and development projects under the funding opportunity announcement (FOA) DE-FOA-0002332 , Energy Storage for Fossil Power Generation. Energy storage combined with fossil energy assets offers a suite of benefits to asset owners, the electricity grid, and consumers.

2020 65

Tesla to provide batteries for energy storage farm in Kauai, Hawaii

Green Car Reports

While its electric-car manufacturing continues to get the most attention, Tesla quietly continues to build up its energy-storage business as well. Today, the still-incomplete "gigafactory" in Nevada is assembling standalone battery packs for the company's Tesla Energy stationary energy-storage division. Batteries energy infrastructure plug-in cars Hawaii solar energy storage Solar City

Tesla's Big Bet: Batteries For Energy Storage A 'Major New Product'

Green Car Reports

Tomorrow night, if its strong hints are accurate, Tesla Motors will announce that it plans to offer lithium-ion battery packs for home and business energy storage. Such storage comes at a cost on top of that of the photovoltaic solar panels that generate the energy. Batteries Elon Musk Tesla Motors plug-in cars energy storage gigafactory

UPS adds battery energy storage for 118 electric vans in UK

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electric utilities plug-in cars Battery Electric Vehicle (BEV) London Commercial vehicle fleet energy storage UPSElectric vehicles are not only zero-emission and quieter and more pleasant to drive, they also clearly lower emissions of the carbon dioxide linked to climate change under most circumstances. For fleet operators who recharge large fleets of electric vehicles overnight, however, the load on electric grids and consequent demand charges pose a.

2018 60

Northvolt & Mälarenergi partner to deploy battery energy storage for EV charging

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Northvolt and Mälarenergi are partnering to establish a battery energy storage system at an electric vehicle charging station in Västerås, Sweden. The battery system will provide power output up to 220 kW and a usable energy capacity of 320 kWh. Northvolt’s mission is to enable the future of energy by developing battery products across multiple industries. —Emad Zand, President Energy Solutions, Northvolt.

2019 100

New class of high entropy materials for energy storage applications

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A team led by researchers from the Karlsruhe Institute of Technology (KIT) in Germany is proposing a new class of high entropy materials for energy storage applications. Unlike conventional (non-entropy-stabilized) oxyfluorides, the new material shows enhanced Li storage properties due to entropy stabilization, which, in general, facilitates tailoring the cycling performance by varying the constituent elements in yet unprecedented ways.

2019 79

Electrochemical energy storage startup SPARKZ licenses ORNL cobalt-free battery tech

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Stealth-mode electrochemical energy storage startup SPARKZ Inc. has exclusively licensed five battery technologies from the Department of Energy’s Oak Ridge National Laboratory (ORNL) designed to eliminate the use of cobalt metal in lithium-ion batteries. The advancement is aimed at accelerating the production of electric vehicles and energy storage solutions for the power grid. Energy density is especially important for EVs.

2020 93

DOE awards Group14 Technologies $3.96M as Energy Storage Grand Challenge winner; nano-silicon within an engineered carbon scaffold

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Group14 Technologies, a provider of silicon-carbon composite materials for global lithium-ion markets, announced that it has been selected as a winner of the Department Of Energy’s Energy Storage Grand Challenge and will receive a $3.96-million award. The Vehicle Technologies Office of the DOE issued the challenge to accelerate scalable solutions to meet the demands for lithium-ion-based storage.

2020 79

BMW electric-car batteries to be used as home energy-storage devices

Green Car Reports

Tesla Motors was the first carmaker to branch out from selling electric cars to offering standalone battery packs for energy storage, but others have followed the company's lead. Mercedes-Benz and Nissan have stated their intentions to enter the energy-storage market, and now BMW is jumping on the bandwagon as well. Batteries plug-in cars renewable energy energy storage BMW i

Cummins acquiring Brammo for energy storage technology

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Brammo’s energy storage expertise evolved into Brammo’s “Energy of Things” platform, with solutions scaling from 1.5 Cummins Inc. is acquiring the assets of Brammo, Inc., which designs and develops battery packs for mobile and stationary applications. Adding Brammo’s battery pack expertise and resources is an important step for Cummins in its efforts to become a global electrified power leader.

Highview Power and Encore Renewable Energy to co-develop the first long-duration, liquid-air energy storage system in US

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Highview Power Storage, Inc., a provider of long duration energy storage solutions, and Encore Renewable Energy, a developer of renewable energy generation and storage projects, jointly announced plans to develop the United States’ first long-duration, liquid-air energy storage system. This facility will be a minimum of 50MW, provide in excess of eight hours of storage (400MWh) and will be located in northern Vermont.

2019 94

SCE signs 7 contracts for 770 MW of battery-based energy storage for grid reliability

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Southern California Edison recently signed seven contracts totaling 770 megawatts of battery-based energy storage resources to help enhance the region’s electric system reliability needs. The recently conducted solicitation and the resulting contracts make up one of the country’s largest energy storage procurements. The projects will enhance electric grid reliability and help address potential energy shortfalls identified in California. NextEra Energy Resources.

2020 69

ABB partners with Vigor selects ABB as propulsion and energy storage partner for hybrid-electric ferries

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American shipbuilding company Vigor Fab LLC has selected ABB as the hybrid-electric propulsion and energy storage system provider for the newest additions to the Washington State Ferry fleet—the largest US ferry system. Upon delivery in 2024, the initial vessel of the series will be the first newbuild in Washington State Ferry’s fleet to feature hybrid-electric propulsion and a high capacity energy storage system.

2020 65

Cornell team suggests engineered bacteria could address current limitations of energy storage technologies

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Raising the penetration of renewable —an intermittent—sources of energy into the grid will require large scale electrical energy storage and retrieval. However, at present, no existing technology provides such storage and retrieval at a low financial and environmental cost. We think biology plays a significant role in creating a sustainable energy infrastructure.

2019 93

GlobalData: Global battery energy storage market to grow by 7% to reach $13.13B by 2023

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The global battery energy storage market will to grow to $13.13 Asia-Pacific (APAC) and EMEA will be the dominant markets for battery energy storage systems over the forecast period 2019-2023. The US has been the largest market for Battery Energy Storage System (BESS) both in terms of cumulative installed capacity and by market value for projects installed up to 2018 and is likely to continue to lead the market at the country level.

2019 79

SABIC acquires majority stake in carbon nanotube business for energy storage applications

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BDS produces and commercializes MOLECULAR REBAR, a proprietary technology of modified carbon nanotubes that offers potential for enhancing the performance of energy storage applications using lead-acid and lithium-ion batteries. MOLECULAR REBAR technology from BDS is believed to offer great potential for enhancing the performance of energy storage applications, such as lead-acid and lithium-ion batteries used in the mobility industry.

2019 91

Ford MyEnergi Lifestyle adds home energy storage

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Ford Motor Company is expanding its MyEnergi Lifestyle program ( earlier post ), announced at last year’s CES, to include home energy storage. MyEnergi Lifestyle, a Ford Motor Company collaboration with Eaton, Infineon, SunPower and Whirlpool, retrofitted the homes of two families with energy-efficient appliances and solar panels, as well as providing the families with their own Ford C-MAX Energi plug-in hybrid vehicle.

Mercedes-Benz residential energy storage systems now available for reservation

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The Mercedes-Benz energy storage systems for private use are now available for reservation; interested parties can place a reservation at www.schlauerspeichern.de On 29 May, Daimler announced that it was entering the commercial and residential stationary energy storage system (ESS) market with its wholly-owned subsidiary Deutsche ACCUmotive. Up to eight battery modules with an energy content of 2.5

2015 98

California Energy Commission to award up to $11M for non-Li-ion energy storage projects

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The California Energy Commission (CEC) has released a solicitation (GFO-19-305) to fund innovative, non-Li-ion energy storage research projects, including green electrolytic hydrogen systems. The timing is right for supporting emerging technologies that can out-perform existing energy storage technologies because a substantial amount of the energy storage in California was installed in the last few years and will need to be upgraded or replaced in the next 7-15 years.

2020 60

UCSD study: under current policies, home energy storage would often increase carbon emissions

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Under current policies, home energy storage systems would also often increase carbon emissions, according to a study by a team of researchers at the University of California San Diego published in the journal Environmental Science & Technology. Conventional wisdom may suggest that these storage systems—essentially household batteries such as the Tesla Powerwall—could be instrumental in weaning ourselves off greenhouse gas-emitting energy sources.

2018 93

US DOE releases Grid Energy Storage report

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The US Department of Energy (DOE) released its Grid Energy Storage report to the members of the Senate Energy and Natural Resources Committee. The report identifies the benefits of grid energy storage, the challenges that must be addressed to enable broader use, and the efforts of the Energy Department, in conjunction with industry and other government organizations, to meet those challenges. —“Grid Energy Storage”.

Maxwell Technologies sells HV product line to Renaissance to focus on energy storage for EVs

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a leading developer and manufacturer of energy storage and power delivery technology, has simultaneously signed and closed a definitive agreement to sell its High Voltage (HV) product line to Renaissance Investment Foundation. It is becoming increasingly clear that our DBE technology holds significant advantages over currently available energy systems for electric vehicles (EV) and positions us for significant long-term value creation as a result. Maxwell Technologies, Inc.,

2018 97

Daimler extends stationary energy storage business to US

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Daimler AG is expanding its stationary energy storage business to the US market. Boris von Bormann, US solar industry expert, has been selected as the CEO for the new Mercedes-Benz Energy Americas, LLC. Working in collaboration with Mercedes-Benz Research & Development North America in Sunnyvale, California, Mercedes-Benz Energy Americas will bring initial product offerings to the United States starting early 2017. Each battery module has an energy content of 2.5

2016 78

Natron Energy awarded $3M by California Energy Commission to pair energy storage with EV fast charging

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Natron Energy, a developer of new battery cell technology based on Prussian Blue analogue electrodes and a sodium-ion electrolyte, has ( earlier post ), has been awarded a $3-million grant by the California Energy Commission (CEC) for “Advanced Energy Storage for Electric Vehicle Charging Support.” Natron will utilize the funds to manufacture and install a high powered, long cycle life energy storage system at an EV Fast Charging station.

2019 71

Faraday Institution to award up to £55M to five consortia for energy storage research

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The ultimate aim of the research is to facilitate improvements in batteries used for transport and other applications such as grid storage with improved performance and cost characteristics. The new projects in four focus areas join the existing Faraday Institution research projects that collectively aim to deliver the organisation’s mission to accelerate breakthroughs in energy storage technologies to benefit the UK in the global race to electrification.

2019 79

Mercedes Follows Tesla, Will Offer Home Energy Storage Batteries Too

Green Car Reports

That includes reaching beyond the automotive sector with its recently-announced plans to sell standalone battery packs for home and commercial energy storage. Batteries Mercedes-Benz Tesla Motors plug-in cars energyAs the newest carmaker on the block, it's perhaps not surprising that Tesla Motors likes to do things differently.

2015 87

Prediction slumps for grid energy storage spending

Green Cars News

After originally predicting that spending on energy storage on the grid would reach $35billion through 2020, Pike Research has now downgraded its forecast to $22billion over the next 10 years. According to its report Energy Storage on the Grid, it outlines that electric grids need balance to function properly and energy storage technologies represent an [.].

Tesla To Offer Batteries To Consumers For Home Energy Storage

Green Car Reports

But in it, CEO Elon Musk apparently revealed a new line of business for the company: selling or leasing lithium-ion battery packs for home energy storage. It was just a couple of sentences during Wednesday''s 2014 earnings call by Tesla Motors executives. DON''T MISS: In 10 Years, Electric Cars Make Home Solar Practical Without Subsidies: UBS The

2015 87

Argonne opens new collaborative centers for energy storage and nanotechnology

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Argonne National Laboratory has opened two new collaborative centers—one for energy storage, the other for nanotechnology—that provide an pathway for business and industry to access Argonne’s scientific resources. Chamberlain is familiar with the potential of energy storage as a transformational technology, having led the formation of Argonne’s Joint Center for Energy Storage Research (JCESR).

2015 81

Tesla Didn't Invent Home Energy Storage, Has Many Competitors

Green Car Reports

Like almost everything else related to the company, its venture into energy storage is generating plenty of publicity for electric-car maker Tesla Motors. Batteries Tesla Motors plug-in cars renewable energy Tesla PowerwallThe new product line includes Powerwall home battery packs for the home, as well as a separate line of battery packs designed for businesses and utilities. But it's worth noting that Tesla.

2015 87

BNEF ups forecast for global investment in stationary energy storage, sees majority of capacity likely to be grid-scale

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Energy storage installations around the world will multiply exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). The total demand for batteries from the stationary storage and electric transport sectors is forecast to be 4,584GWh combined by 2040, providing a major opportunity for battery makers and miners of component metals such as lithium, cobalt and nickel.

2019 80