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China’s battery storage capacity growth likely to slow in 2024 – ET Auto

Baua Electric

“In 2024, the entire world is in a stage of reconfiguring supply chains, geopolitics are bringing new challenges to supply chains,” CNESA said in the white paper. 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.

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China’s battery storage capacity growth likely to slow in 2024 – ET Auto

Baua Electric

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.

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California Hydrogen Business Council says a robust P2G RD&D program should be a priority for the state

Green Car Congress

The case for using Power-to-Gas solutions to store renewable energy is compelling for a number of important use cases, according to a new white paper released by the California Hydrogen Business Council (CHBC). Among the paper’s conclusions is that a robust P2G RD&D program should be a priority for the state of California.

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Rolls-Royce Power Systems road map for climate-neutrality; 35% cut by 2030 from 2019; key role of mtu engines

Green Car Congress

The engines are used in a wide variety of applications, for example, in energy supply, commercial shipping, heavy land vehicles, passenger trains and in yachts. Development engineers are also working on engines powered by hydrogen and methanol as well as on concepts for decentralized Power-to-X systems.

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Southern California Edison introduces clean energy proposal to meet state’s climate, air quality goals; >7M EVs (24%) by 2030

Green Car Congress

SCE describes its Clean Power and Electrification Pathway in a white paper. The approach builds upon existing state programs by identifying cost-effective actions to increase clean energy in the electric system and to leverage that clean electricity in the transportation and building sectors to achieve needed emissions reductions.

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Pike forecasts worldwide revenue from fuel cells and hydrogen will reach $785M million in 2012; interest in fuel cell vehicles re-emerges

Green Car Congress

The total size of the global hydrogen and fuel cell market—including revenues from fuel cells and from hydrogen for fuel cells and internal combustion engines (ICEs)—will reach $785 million in 2012, according to a new white paper from Pike Research. Rhetoric and reality will diverge in the hydrogen energy storage market.

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WattEV aims to operate 12,000 electric trucks-as-a-service and a charging network to support them by 2030

Charged EVs

Strategically positioned between the Central Valley and the Los Angeles megalopolis, the charging hub will feature a solar microgrid with battery storage, plus grid energy from PG&E. On the battery storage side, we plan to use [energy storage provider] Stem’s solution, with Tesla Megapacks with about 4.5