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Battery-grade lithium carbonate forecast to trade at $74K/tonne in 12 months

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Trading Economics global macro models and analysts expectations forecast battery-grade lithium carbonate to trade at 504,813 CNY (US$74,000) per tonne in 12 months time. Lithium carbonate is forecast to trade near its high. Lithium is expected to trade at 484,185.00 by the end of this quarter. Earlier post.). Source: Trading Economics.

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Solar to displace natural gas in the daytime + in summer on the Texas grid

Electrek

Solar is forecast to displace natural gas in the middle of the day and in the summer on the Texas grid, according to the US Energy Information Administration (EIA).

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Study finds GWP of electrolyzed hydrogen to meet ORD’s fuel needs would be 2.5x that of fossil fuels with 2020 grid mix

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Phil Ansell, an aerospace engineer at the University of Illinois Urbana-Champaign, modeled the life cycle carbon dioxide equivalent emissions of liquid hydrogen production required to meet the fuel needs of Chicago’s O’Hare International Airport (ORD) with today’s electric grid mix.

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California faces worsening grid challenges on Monday and Tuesday; CAISO calls for even greater reductions in electricity use

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We are facing a load forecast of 48,817 megawatts and energy deficits between 2,000 and 4,000 megawatts for Monday, resulting in the highest likelihood of rotating outages we have seen so far this summer. The peak load on Saturday was 44,123 MW, and the forecast for Sunday was 45,776 MW.

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BNEF forecasts global energy storage market to grow 15-fold by 2030 to 411 GW/1194 GWh

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Energy storage installations around the world are projected to reach a cumulative 411 GW (or 1,194 GWh) by the end of 2030, according to the latest forecast from research company BloombergNEF (BNEF). BNEF has more than doubled its estimates for energy storage deployments from 2025 to 2030 across Europe from previous forecasts.

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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). This is a new era of dispatchable renewables, based on new contract structures between developer and grid.

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CEC determines Diablo Canyon needed to support grid reliability

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An extension allows the state to rely less on natural gas and more on clean resources for the electricity grid. The determination comes as California is experiencing a substantial shift in conditions affecting the electric grid, which is transitioning to the state’s clean energy future, while confronting the impacts of climate change.

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