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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. Energy storage on the grid is reaching a turning point. Earlier post.).

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Bidirectional Charging Management (BCM) research project gets green light; tying in renewables

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Not only will electric vehicles with bidirectional charging capability be able to draw electrical power for their high-voltage battery when plugged into a compatible charging station or wallbox, they will also have the ability to reverse the process and feed energy back into the power grid.

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Get H2 partners propose green hydrogen pipeline in Europe

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Most of the transport will take place via existing gas grid lines (shown in orange), which will be converted to hydrogen transport. With the integration of a cavern storage facility by RWE in Gronau-Epe, the system, which is based on electricity generation from wind energy, can also make a contribution to supply security.

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Renewable energy sources for off-grid EV charging

Charged EVs

In the previous article on off-grid EV charging , the focus was on the energy storage battery and the DC-AC inverter that supplies the EV charger (and all of the other AC loads). Secondly, most residential-scale wind generators (i.e. This time the focus will be on the renewable energy sources themselves.

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Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

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Relying on a higher share of efficient, low-emission combined cycle power plants and wind energy could save €150 billion (US$200 billion) by 2030 while attaining the same CO 2 targets, Siemens says. The country should give greater priority to high-efficiency combined cycle power plants and wind power, the company suggests.

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ORNL assessment finds >65 GW of untapped hydropower in US rivers and streams

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Hydropower also provides reliable baseload power day and night, providing greater flexibility and diversity to the electric grid and allowing utilities to integrate intermittent renewable sources such as wind and solar power.

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Tesla acquiring ultracap maker Maxwell Technologies for ~$218M; new 3.0V platform

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DLA Piper, LLP (US) represented Maxwell as outside legal counsel, and Barclays Capital Inc. Wilson Sonsini Goodrich & Rosati represented Tesla as outside legal counsel. platform addresses energy storage requirements driven by trends in renewable energy, industrial electrification and smart grid. product platform.

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