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IIASA-led study proposes Underground Gravity Energy Storage as long-term energy storage solution for renewables

Green Car Congress

However, because sunshine and wind are inherently variable and inconsistent, finding ways to store energy in an accessible and efficient way is crucial. While there are many effective solutions for daily energy storage, the most common being batteries, a cost-effective long-term solution is still lacking. Dabek, P.B.,

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Electrify America unveils its first application of megawatt-level energy storage

Green Car Congress

Electrify America recently unveiled its first application of a megawatt-level battery energy storage system (BESS) for electric vehicle (EV) charging stations, building upon the company’s existing BESS installations at more than 150 stations across the US, including more than 100 installations in California.

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LiNa Energy successfully demonstrates Na-ion technology for battery energy storage systems

Green Car Congress

Solid-state sodium-ion battery company LiNa Energy ( earlier post ) successfully completed an independent demonstration of its lithium-free sodium batteries for energy storage systems with commercial partner ion Ventures.

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Mercom: Corporate funding for energy storage companies hit $26.4B in 2022; up 55% y-o-y

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Mercom Capital Group, a global clean energy research and communications firm, released its report on funding and mergers and acquisitions (M&A) activity in 2022 for the energy storage, smart grid, and energy efficiency sectors. Corporate funding for energy storage, smart grid, and energy efficiency companies.

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DOE closes on $504M loan guarantee for world’s largest clean hydrogen and energy storage project

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The US Department of Energy (DOE) closed on a $504.4-million million loan guarantee to the Advanced Clean Energy Storage project in Delta, Utah (ACES Delta)—marking the first loan guarantee for a new clean energy technology project from DOE’s Loan Programs Office (LPO) since 2014.

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BNEF forecasts global energy storage market to grow 15-fold by 2030 to 411 GW/1194 GWh

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Energy storage installations around the world are projected to reach a cumulative 411 GW (or 1,194 GWh) by the end of 2030, according to the latest forecast from research company BloombergNEF (BNEF). That is 15 times the 27GW/56GWh of storage that was online at the end of 2021.

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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. Mobility applications remain the long-term growth and demand driver for energy storage through 2035, with personal mobility devices expected to increase to $43.7

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Energy Vault to provide 1.6 GWh of gravity energy storage to support DG Fuels SAF projects

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Energy Vault, a company developing grid-scale gravity energy storage solutions, has entered into an energy storage system agreement with DG Fuels, a developer of renewable hydrogen and biogenic-based, synthetic sustainable aviation fuel (SAF) and diesel fuel.

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Rolls-Royce investing $110M over next decade to develop energy storage for aircraft

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Rolls-Royce is entering new aviation markets to pioneer sustainable power and as part of that mission will be developing energy storage systems (ESS) that will enable aircraft to undertake zero emissions flights of more than 100 miles on a single charge. These modules will deliver market-leading energy density levels.

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Electrify America reaches 30MW in installed battery energy storage at 140 DC-fast charging stations across the US; behind-the-meter grid services

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Electrify America has installed onsite, behind-the-meter battery energy storage systems (BESS) at more than 140 ultra-fast DC charging stations around the country, including more than 90 installations in California.

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ŠKODA collaborates with IBG ?esko on second-life battery energy storage system; up to 328 kWh

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ŠKODA AUTO, a subsidiary of the Volkswagen Group, is introducing a smart energy storage system using second-life batteries from electric vehicles. Following a successful pilot project in Prague, the energy storage units are now available to ŠKODA contract dealers. In partnership with the Czech technology company IBG ?esko,

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Hyundai Home officially launching in 16 states; solar, energy storage and charging

Green Car Congress

Hyundai Home gives homeowners in select states an easy way to produce, store, and use their own energy to power their lives at home and on the road. Hyundai has partnered with Electrum to develop a one-stop online marketplace to connect homeowners in select states to solar panels, energy storage systems, EV chargers and local installers.

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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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DOE launches design & construction of $75M grid energy storage research facility at PNNL

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The US Department of Energy (DOE) has begun work on the Grid Storage Launchpad (GSL), a $75-million facility located at Pacific Northwest National Laboratory (PNNL) in Richland, Washington that will boost clean energy adaptation and accelerate the development and deployment of long-duration, low-cost grid energy storage.

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Freyr's Georgia battery factory will focus on energy storage

Green Car Reports

Norwegian battery firm Freyr recently confirmed plans for a Georgia factory that will supply batteries for energy storage. Dubbed "Giga America," the factory will be located on a 368-acre tract in Coweta County, on the southwestern edge of the Atlanta metropolitan area, according to a Freyr press release.

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Berkeley Lab hosting virtual national energy storage summit in March

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Lawrence Berkeley National Laboratory is hosting the National Energy Storage Summit—Jumpstarting America’s Energy Storage Future on March 8-9, 2022 to discuss harnessing science, technology, and policy to accelerate energy storage solutions for the nation.

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

Green Car Congress

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. Categories of storage included in the Energy Storage Grand Challenge. Over the Fiscal Years 2017-2019, DOE has invested more than $1.2

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Europe’s largest battery energy storage system launched in the UK

Innovation News Network

A £75m battery energy storage system – the largest in Europe – has been officially opened in the UK by Harmony Energy Income Trust Plc. The post Europe’s largest battery energy storage system launched in the UK appeared first on Innovation News Network.

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Hydro-Québec launches EVLO subsidiary specializing in energy storage systems

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Hydro-Québec has launched EVLO Energy Storage Inc. EVLO ), a subsidiary that designs, sells, and operates safe, efficient and sustainable energy storage systems. EVLO systems also include power control and energy management software. Energy storage will play a crucial role in the energy transition.

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Hyundai Home helps EV buyers set up charging, solar, energy storage

Green Car Reports

Hyundai this week released details of Hyundai Home, a service that allows EV owners to shop home charging, solar, and energy storage hardware through one website. Announced in 2021 as a home-energy ecosystem, Hyundai Home is now available in 16 states, according to an announcement during the 2022 Los Angeles auto show.

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DOE awards $2.4M to 3 projects for next-generation grid energy storage

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The US Department of Energy’s Office of Fossil Energy and Carbon Management (FECM) recently awarded $2.4 million in funding for three projects to advance novel thermal and hydrogen energy storage technologies toward increased duration, reliability and affordability. WE New Energy Inc.

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Abandoned mines could soon become energy storage hubs

Innovation News Network

A new IIASA-led project will transform decommissioned abandoned mines into long-term energy storage solutions. The post Abandoned mines could soon become energy storage hubs appeared first on Innovation News Network.

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Advanced materials and reactors for energy storage through ammonia

Innovation News Network

Discover how the ARENHA project is working to overcome the technical challenges of using green ammonia for flexible, safe, and profitable energy storage. The post Advanced materials and reactors for energy storage through ammonia appeared first on Innovation News Network.

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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. —Torbjörn Johansson, head of Vattenfall Network Solutions Sweden.

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Electrify America to install 30 charging stations with battery energy storage at the Port of Long Beach for drayage trucks

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Electrify America plans to install 30 electric fleet-dedicated chargers paired with battery energy storage systems (BESS) at the Port of Long Beach, California, as part of Electrify America’s $25-million “Green City” investment in the region at the Ports of Long Beach and Los Angeles.

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Gotion reaches deal with Edison Power to tap Japan's energy storage market

CN EV Post

(Image credit: Gotion High-tech) Chinese battery giant Gotion High-tech and Japan's Edison Power Co Ltd have reached a strategic cooperation agreement to jointly tap the energy storage market in Japan. The energy storage battery business is Gotion's second-largest business after power batteries. billion, or 76.51

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Accelerating energy storage deployment and development

Innovation News Network

Learn about the European Association for Storage of Energy's efforts to accelerate the transition to a decarbonised energy system. The post Accelerating energy storage deployment and development appeared first on Innovation News Network.

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Infrared Thermography for Energy Storage Safety

Setec Powerr

Energy storage systems are becoming increasingly important as a means of supporting renewable energy sources such as wind and solar power. As these sources are intermittent, energy storage is necessary to smooth out fluctuations in energy supply. Of course, this kind of function needs to be customized.

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JERA and Toyota deploy first large capacity Sweep Energy Storage System with second-life batteries

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JERA, the largest power generation company in Japan, responsible for about 30% of Japan’s electricity, and Toyota Motor have built and deployed the first large-capacity “Sweep Energy Storage System”. power distribution system from a facility at JERA’s Yokkaichi Thermal Power Station.

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SwRI forms joint industry program to investigate safety, longevity of grid-connected energy storage systems

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Southwest Research Institute (SwRI) has launched a new Joint Industry Program (JIP) to investigate energy storage systems for the grid. The Energy Storage for Electric Grid JIP will also investigate battery flammability, particularly the explosion and fire risks associated with large, grid-scale batteries.

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DOE launches Energy Storage Grand Challenge

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The US Department of Energy (DOE) launched the Energy Storage Grand Challenge , a comprehensive program to accelerate the development, commercialization, and utilization of next-generation energy storage technologies.

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Qatar invests $125M in energy storage company Fluence

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Fluence, the global energy storage solutions joint venture between Siemens and AES, announced that it has entered into a definitive agreement with the Qatar Investment Authority (QIA) pursuant to which QIA will commit to invest $125 million in Fluence through a private placement transaction.

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BYD to begin construction of 543 MWh energy storage system in Las Vegas in Q2

CN EV Post

The post BYD to begin construction of 543 MWh energy storage system in Las Vegas in Q2 appeared first on CnEVPost. BYD has launched the deployment of the project, which will begin construction in the second quarter and is expected to be in commercial operation by the end of the year. For more articles, please visit CnEVPost.

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Energy storage: the key to a decarbonised future

Setec Powerr

We are transitioning from fossil fuels to renewable energy sources such as wind and solar, and the use of energy storage is becoming more widespread. And with the popularity of electric vehicles, the grid is under more and more pressure, so the demand for energy storage is growing. Battery storage.

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Tesla’s energy storage business is booming, and it’s just the beginning

Electrek

Tesla’s energy storage business is booming with a record year, but it’s just the beginning as we could see volume hit new records quickly. more… The post Tesla’s energy storage business is booming, and it’s just the beginning appeared first on Electrek.

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Tesla energy storage deployment increases 152% year-over-year

Teslarati

Tesla Energy achieved a number of key milestones in the fourth quarter. As per Tesla’s Q4 and FY 2022 Update Letter, energy storage deployments actually grew by 152% year-over-year in the fourth quarter to 2.5 All in all, Tesla Energy was able to deploy 6.5 Credit: Tesla Inc.

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Study: California needs up to 55 GW of long duration energy storage by 2045; 150X the storage deployed since 2010

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By 2045, California will require the deployment of up to a staggering 55 gigawatts (GW) of long duration energy storage (LDES) to support its 100% clean electricity goals, according to a new modeling study released by the California Energy Storage Alliance (CESA). —Alex Morris, Executive Director of CESA.

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FREYR to collaborate with Honeywell on battery manufacturing, deploying energy storage solutions

Green Car Congress

As part of the collaboration, Honeywell will purchase 19 GWh of battery cells produced by FREYR from 2023 through 2030 for a multitude of energy storage systems applications. Battery Energy Storage Systems (BESS) technology development is critical to the continued decarbonization of global power systems.

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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.

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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.

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CATL showcases energy storage products in Australia

CN EV Post

CATL is showcasing its products in Australia including EnerOne, an outdoor energy storage cabinet, and EnerC, a containerized liquid-cooled energy storage system. The post CATL showcases energy storage products in Australia appeared first on CnEVPost. For more articles, please visit CnEVPost.

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BNEF projects impact of COVID-19 on renewables, energy storage, EVs, etc.

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BloombergNEF has issued a research note highlighting some of the likely effects of the coronavirus COVID-19 outbreak over the next year on the transition to a clean economy: including renewable power, energy storage, electric vehicles, heating, cooling and the circular economy.

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Take a detailed look at 7 types of energy storage batteries

Setec Powerr

With the worldwide emphasis on renewable energy sources such as solar and wind, energy storage has become an essential solution for grid stability and reliability. Not only that, but energy storage is also an important research direction in the field of electric vehicles. Classification of energy storage.