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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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Stanford study quantifies energetic costs of grid-scale energy storage over time; current batteries the worst performers; the need to improve cycle life by 3-10x

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A plot of ESOI for 7 potential grid-scale energy storage technologies. Benson from Stanford University and Stanford’s Global Climate and Energy Project (GCEP) has quantified the energetic costs of 7 different grid-scale energy storage technologies over time. Credit: Barnhart and Benson, 2013. Click to enlarge.

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DOE Awarding $620M for Smart Grid Demonstration and Energy Storage Projects

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The US Department of Energy is awarding $620 million for projects around the country to demonstrate advanced Smart Grid technologies and integrated systems. The selected projects include advanced battery systems (including flow batteries), flywheels, and compressed air energy systems.

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Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

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In its new report Energy Storage on the Grid (ESG), Pike Research forecasts that global spending in the ESG market will reach a little over $22 billion over the next 10 years. Electric grids require balance in order to function properly. Electric grids require balance in order to function properly. Click to enlarge.

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GE and PowerStream launch Ontario microgrid demonstration project; Durathon batteries

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PowerStream’s microgrid demonstration project marks the next phase of the company’s efforts to support smart grid development at the provincial level and leverage innovative “smart” technologies in Ontario’s electricity sector.

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DOE awarding >$24M to 77 projects through Technology Commercialization Fund

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Concentric Ring Gas Atomization Die Design for Optimized Particle Production, $150,000 Praxair, Indianapolis, Ind. Extension of Core Restrain Design Code NUBOW-3D to Lead Cooled Fast Reactor Systems, $75,000 Westinghouse Electric Company, Cranberry Township, Pa. National Energy Technology Laboratory. Selected Labs and Partners.

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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. What is a battery?