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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). Global cumulative energy storage installations. Source: BloombergNEF.

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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

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Hanwha and LG Energy to build battery production in US, targeting ESS and UAM

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The joint investment will pave the way for Hanwha to lead the rapidly-growing energy storage market and future Urban Air Mobility business. The two companies signed a memorandum of understanding in Seoul for comprehensive battery business cooperation for ESS (energy storage systems) and other clean-tech energy solutions.

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Navigant Research forecasts rapid growth in V2G for ancillary services to 2022; $190.7M in frequency regulation revenue by then

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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.

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Gravity Batteries, Green Hydrogen, and a Thorium Reactor for China

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2021 was a big year for energy-related news, what with the ongoing hunt for new forms of energy storage and cleaner if not carbon-free electricity and events and research that spotlighted the weak links in our power grid. Well, let's think. Most of the world’s hydrogen comes from deeply polluting methods.

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Lithium-ion Battery Manufacturers in India

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Lithium-ion batteries are imported into India from China, Japan, and South Korea. With China dominating the worldwide market for Li-ion cells, India hopes to avoid a repetition of what happened with solar equipment production, when China took advantage of its first-mover advantage to grab the industry.

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BNEF: global investment in low-carbon energy transition hit $755B in 2021; up 27% from 2020; electrified transport grew the fastest

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In 2021, global investment in the low-carbon energy transition totaled $755 billion, up 27% from $595 billion in 2020 and just $264 billion in 2011, according to Energy Transition Investment Trends 2022, a new report published by research firm BloombergNEF (BNEF). degrees of global warming. from the year prior.

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