Green Car Congress

MARCH 14, 2023

IDTechEx forecasts that the second-life EV battery market will reach US$7B in value by 2033. The second-life EV battery market adds value to future energy infrastructure, creates a circular economy for electric vehicle (EV) batteries, and provides a lower levelized cost of storage compared to new batteries.

Market 195

Market Li-ion Batteries Battery 195

Green Car Congress

APRIL 17, 2014

Hydro-Québec and Sony Corporation will establish a joint venture to research and develop a large-scale energy storage system for power grids. Furthermore, the energy storage system for such power supplies must be highly safe and reliable due to the need for an efficient and stable source of high capacity power.

Power Grid 271

Power Grid Energy Storage Grid Li-ion 271

Green Car Congress

NOVEMBER 5, 2014

The new contracts result from a plan recommended by SCE in response to state forecasts of local reliability needs due to the closure of the San Onofre Nuclear Generating Station and anticipated retirement of older, natural gas generation plants along the Southern California coastline that rely on ocean water for their cooling needs.

Energy Storage 244

Energy Storage Purchase California Grid 244

Green Car Congress

JULY 20, 2015

Navigant Research forecasts that worldwide energy storage enabling technology (ESET) revenue will total nearly $75 billion from 2015 to 2024. According to the report, Energy Storage Enabling Technologies , global installed ESET revenue will grow from $605.8 million in 2015 to $21.5 billion in 2024.

Energy Storage 150

Energy Storage 2015 Energy Conversion 150

Green Car Congress

JULY 31, 2017

Although consumer electronics—devices such as smartphones and laptops—have traditionally driven the most demand for energy storage devices, transportation and stationary applications will soon become the largest energy storage markets, according to Lux Research. billion opportunity in 2025.

Energy Storage 150

Energy Storage Transportation Energy Market 150

Green Car Congress

JULY 25, 2022

In addition, they propose an optimization-based control strategy to manage the energy storage system in a cost-efficient manner. Their paper is published in the journal Applied Energy. In two numerical examples, the energy costs are reduced by 2.61% and 15.34%, respectively. —Shi and Gao (2022). Jie Shi, H.

Market 321

Market Energy Storage Charging Power Grid 321

Green Car Congress

AUGUST 31, 2010

According to a new report from Pike Research, worldwide installed revenues for stationary energy storage systems for the electricity grid will grow at a strong pace in the coming decade, increasing from $1.5 Worldwide installed revenue opportunity by energy storage on the grid (ESG) technology, 2010-2020.

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Li-ion Energy Storage Grid 2020 199

Green Car Congress

DECEMBER 25, 2018

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. Maxwell Technologies, Inc.,

Energy Storage 291

Energy Storage Energy Production Wind 291

Green Car Congress

OCTOBER 11, 2011

While long-duration energy storage systems (ESS) for renewables integration and peak load shifting have been a topic of much discussion within the power industry, a variety of short-duration applications for energy storage are also a critical factor in the development of the sector. Click to enlarge.

Energy Storage 199

Energy Storage Energy Grid Lead Acid 199

Green Car Congress

JULY 30, 2020

A new study of the impact of high EV adoption on the Western US power grid by a team from Pacific Northwest National Laboratory (PNNL) has found that 2028 grid resource adequacy—from generation through transmission—is likely to be sufficient for high EV penetration.

Grid 396

Grid Charging Power Grid California 396

Green Car Congress

NOVEMBER 10, 2015

German utility STEAG is investing around €100 million in grid energy storage systems (ESS) totalling 90 MW, equipped with Li-ion cells from LG Chem. Storage facilities and the creation of flexibility are essential elements in the implementation of the energy transition in Germany.

Li-ion 150

Li-ion Energy Storage Grid Energy 150

Green Car Congress

SEPTEMBER 3, 2022

The new report “ Battery Swapping for Electric Vehicles 2022-2032: Technology, Players and Forecasts ” by IDTechEx includes forecasts for global adoption of this technology outside of China. This is a unique feature of battery swapping stations that could be exploited in the future to make them act as grid-support units.

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China Batteries Battery Energy Storage 434

Baua Electric

APRIL 12, 2024

CNESA forecast improvements in the economics of battery energy storage in China this year, without providing specifics. Growth in China’s battery storage capacity could slow down in 2024, according to an industry association, as energy storage struggles with low profitability.

Auto 52

Auto Energy Storage Batteries Battery 52

Green Car Congress

OCTOBER 5, 2022

Data from Benchmark Mineral Intelligence’s Cathode Forecast shows that China is set to extend its dominance of cathode production by 2030, increasing its share of production from 78% in 2022 to 87% in 2030. times from now until 2030, despite efforts to develop cathode capacity in the rest of the world—forecast to increase only 2.8

China 243

China Production Global North America 243

Green Car Congress

AUGUST 12, 2013

The solution combines weather prediction and big data analytics to forecast accurately the availability of wind power and solar energy. This will enable utilities to integrate more renewable energy into the power grid, the company says. This amount of additional energy can power roughly more than 14,000 homes.

Wind 306

Wind Solar Grid Power Grid 306

Green Car Congress

OCTOBER 18, 2013

In a new report, Navigant Research forecasts that global vehicle-to-grid (V2G)-enabled plug-in electric vehicles (PEVs) servicing the ancillary services market will grow at a compound annual growth rate (CAGR) of 64.3% Globally, Navigant Research forecasts that frequency regulation revenue will reach $190.7 from 2013 to 2022.

Grid 225

Grid North America South Korea Energy Storage 225

Green Car Congress

MAY 15, 2017

Results of a study by a team at the Hawaii Natural Energy Institute, SOEST, University of Hawaii at Manoa, suggest that the additional cycling to discharge vehicle batteries to the power grid in a vehicle-to-grid (V2G) scenario, even at constant power, is detrimental to EV battery cell performance.

Hawaii 210

Hawaii Grid Batteries Battery 210

Teslarati

JANUARY 9, 2024

Installation of large-scale energy storage systems is expected to continue increasing in the U.S. According to data from the Energy Information Administration (EIA) shared on Tuesday, U.S. energy storage system deployment is expected to nearly double in 2024, with battery capacity forecasted to grow by 89 percent.

Installation 119

Installation Puerto Rico Energy Storage Batteries 119

Green Car Congress

JUNE 20, 2023

Demand for lithium ion batteries is forecast to grow to 3.7 This includes spending on renewables such as wind and solar as well as grid and other infrastructure. Global investment in technologies to help the energy transition reached a record $1.3 This year, the world is forecast to produce 1.0 The rise of gigafactories.

Industrial 243

Industrial Industry Global Lithium Ion 243

Green Car Congress

MAY 4, 2010

A new report from Pike Research, Energy Storage Systems for Ancillary Services , forecasts that global investment in ancillary services systems for electric power will grow from $227 million in 2010 to $6.6 billion by 2019. The ideal response time is in many cases instantaneous.

Energy Storage 170

Energy Storage 2019 Li-ion Energy 170

Green Car Congress

DECEMBER 10, 2012

In a new report, Pike Research forecasts that the advanced lead-acid battery (LAB) market will expand at a compound annual growth rate (CAGR) of 19.8% By 2020, Pike Research forecasts that advanced lead-acid batteries will capture roughly 25% of the global battery-based grid storage market, a small subset of the broader energy storage market.

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Lead Acid 2020 Transportation Market 231

Green Car Congress

JUNE 16, 2013

and Soitec will collaborate on a California Energy Commission-funded, two-phase program to demonstrate the cost and efficiency benefits of combining an energy storage system with Soitec’s Concentrix CPV (concentrated photovoltaic) technology. Maxwell Technologies, Inc. Maxwell was awarded a $1.39-million

Energy Storage 170

Energy Storage San Diego Energy Solar 170

Green Car Congress

NOVEMBER 9, 2012

Spinning reserves are power generation or storage assets that can come online quickly to serve as bridge power for the grid to maintain system frequency stability during emergency operating conditions and unforeseen. traditional generation assets and energy storage technologies—will rise by 40% by 2022.

Grid 199

Grid Li-ion Energy Storage Lithium Ion 199

Green Car Congress

AUGUST 22, 2023

ACCURE Battery Intelligence , a developer of predictive analytics software to ensure battery safety, performance and extended life for energy storage, electric vehicles, and other applications, secured a €7.2-million million ($7.8-million) million) investment.

Batteries 150

Batteries Battery Energy Storage New York City 150

Baua Electric

APRIL 11, 2024

Growth in China’s battery storage capacity could slow down in 2024, according to an industry association, as energy storage struggles with low profitability. That estimate lags the expected growth in sales of energy storage products, which will rise 35% year-on-year globally, according to the white paper.

Auto 52

Auto Energy Storage Batteries Battery 52

Green Car Congress

FEBRUARY 1, 2017

The US Department of Energy (DOE) Office of Energy Efficiency and Renewable Energy (EERE) SunShot Initiative will award up to $30 million to 13 new projects to support the integration of solar energy into US electric grid, while diversifying the nation’s electricity sources and improving the reliability and security of the electric grid.

Grid 150

Grid Solar Energy Grid Renewable 150

Green Car Congress

JANUARY 10, 2013

These funds will be invested, in part, in analyzing multiple stand-alone energy storage technologies to further improve the microgrid. It provides a crucial real-life demonstration of technology that can help to provide California a future of clean, sustainable and reliable energy. —Energy Commission Chair Robert B.

Energy Storage 231

Energy Storage San Diego California Energy 231

Green Car Congress

APRIL 20, 2023

The core offering is based around two key products: Elysia Embedded is a suite of battery management algorithms, which run locally on the Battery Management System (BMS)—for example directly on an EV’s battery or on a stationary energy storage system.

Batteries 334

Batteries Battery Insight 2010 334

Green Car Congress

JUNE 11, 2015

Driven by environmental problems, a growing auto industry, and a big policy push, China’s advanced energy storage market will be worth $8.7 billion, according to a new report from Lux Research called “ Clearing the Haze: Demystifying Energy Storage Opportunities in China ”. Transport applications will dominate with $7.4

Energy Storage 150

Energy Storage Transportation Market Energy 150

Green Car Congress

AUGUST 9, 2018

California’s grid is facing an era of rapid change. There are a lot of complex issues for Californians — especially policymakers—to consider as we work toward a clean energy future. Framework of Electric Mobility - Infrastructure - Charging - Grid Nexus. The California Energy Commission forecasts that 3.9

Grid 186

Grid California Energy Renewable 186

Green Car Congress

MARCH 29, 2023

The program at PSU brings together EVs, a bidirectional EV charging system, and advance notice on hourly electricity pricing—called a Transactive Energy Rate (TER)—enabling the university to make decisions easily about using the Nissan LEAF batteries as mobile energy storage assets.

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Universal New Hampshire Rhode Island Energy 221

Green Cars News

JULY 18, 2011

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.

Energy Storage 48

Energy Storage Grid Energy 2020 48

Green Car Congress

JANUARY 5, 2015

Working with a select group of BMW i3 drivers, BMW i ChargeForward will demonstrate how intelligent management of electric vehicle charging can contribute to improved electric power grid efficiency while reducing total cost of electric vehicle ownership. BMW i Home Charging Services.

Grid 150

Grid BMW Las Vegas Charging 150

Green Car Congress

JANUARY 21, 2012

The California Independent System Operator Corporation (ISO), California’s non-profit grid operator, released its new five-year (2012-2016) strategic plan. Between now and 2020, wind and solar generation will quadruple within the ISO transmission grid at the same time electric vehicle charging increases significantly.

Grid 244

Grid Renewable California Electric Vehicles 244

Green Car Congress

JUNE 21, 2016

The Joint Proposal would replace the power produced by the two nuclear reactors at Diablo Canyon with a portfolio comprising energy efficiency, renewables and energy storage. It includes a PG&E commitment to a 55% renewable energy target in 2031—the highest such voluntary commitment by a major US energy company.

Energy Storage 170

Energy Storage Renewable Energy California 170

Green Car Congress

FEBRUARY 15, 2012

With the continued disappointment in the price of battery electric vehicles (BEVs) and a rate of adoption lower than initially forecast, Pike Research forecasts that 2012 will start to see a return of interest in fuel cell electric vehicles (FCEVs). Rhetoric and reality will diverge in the hydrogen energy storage market.

2012 286

2012 Hydrogen Fuel United Kingdom 286

Green Car Congress

DECEMBER 11, 2014

million each to advance thermal energy storage technologies that will help cut costs and improve the efficiency of thermal energy storage, leading to increased capacity and operational benefits for concentrated solar power plants. Halotechnics and UCLA: $1.5 Itron, Inc.: $1

California 271

California San Diego Energy Solar 271