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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 team develops sodium-ion battery with performance equivalent to Li-ion, but at much lower cost

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Stanford researchers have developed a sodium-ion battery (SIB) that can store the same amount of energy as a state-of-the-art lithium ion, at substantially lower cost. Thus, further research is required to find better sodium host materials. Thus, further research is required to find better sodium host materials.

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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. New York State Electric & Gas Corporation.

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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. Energy storage on the grid is reaching a turning point. Installed revenue by ESG technology, worldwide. Click to enlarge. Earlier post.).

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Promising EV Trends to Lookout For in 2023

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  Of course The Batteries Will Be Improved In the coming years, academic research and investment will centre on batteries due to rising EV demand to address the concerns about battery pricing, scarcity of key minerals, and weak supply networks. With better insights, you just pay for your driving behaviours, not those of other drivers.

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