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SoCal Edison opens 32 MWh battery energy storage project, largest in North America; batteries from LG Chem

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Southern California Edison (SCE) opened the largest battery energy storage project in North America—the Tehachapi Energy Storage Project—to modernize the grid to integrate more clean energy. The project is strategically located in the Tehachapi Wind Resource Area that is projected to generate up to 4,500 MW of wind energy by 2016.

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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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Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

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On December 16, 2010 the US DOE Energy Information Agency (EIA) published a report projecting that renewable energy will still only constitute 12 percent of the USA’s energy sources by 2035. In France, renewable energy consumption will be 20 percent by 2020. EIA projections of renewables penetration. Source: EIA.

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Research Suggests Renewables Could Generate 40% of Global Power by 2050

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Renewable energy technologies could generate 40% of the world’s electricity by 2050, according to research presented at the International Scientific Congress “Climate Change: Global Risks, Challenges & Decisions”. More specifically, Germany has more than doubled its share of renewable energy since 2000. Professor Petersen.

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California Startup Aurica Motors Trying to Keep NUMMI Plant Open for Manufacturing Electric Cars, Battery Swap System

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Aurica is trying to obtain Federal economic stimulus funding to convert NUMMI to electric car manufacturing, but is also open to private financing. The batteries can be recharged either by plugging into the grid, or exchanged in 3 minutes for a battery charged with renewable energy at an Aurica Power Exchange Package (PEP) swapping station.

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). by Bill Cooke. Billion vs. $28.3 Billion in 2008). . Billion in 2008). Earlier post.).

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International Battery Large-Format Li-ion Cells Chosen by SC Electric for First Community Energy Storage System

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The intent is to provide the utility and its customers benefits, including load leveling, back-up power, support for plug-in electric car deployment as well as grid regulation and improved distribution line efficiencies. CES holds the promise of being an integral component of the smart grid. The requirements for CES are very demanding.