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IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

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The report, “ Renewable Power Generation Costs in 2014 ”, concludes that biomass, hydropower, geothermal and onshore wind are all competitive with or cheaper than coal, oil and gas-fired power stations, even without financial support and despite falling oil prices. Report highlights include: Cape Wind’s troubles. Source: IRENA.

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Total Signs Research Agreement with MIT to Develop New Stationary Batteries for Solar Power; Smaller-Scale Version of All-Liquid Metal Battery Work Supported by ARPA-E

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Total has signed a research agreement with the Massachusetts Institute of Technology (MIT) to develop new stationary batteries that are designed to enable the storage of solar power. The ARPA-E award is supported the development of the liquid metal grid-scale battery for low-cost, large scale storage of electrical energy.

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DOE announces $11.5M in Phase 1 funding for carbon capture and storage program; ARPA-E FLECCS

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The system aims to decrease the levelized cost of electricity for natural gas-fired combined cycle (NGCC) power plants to 2 emissions when operating in highly variable renewable energy penetration markets. The team’s approach uses a novel and low-cost heat-pump thermal storage system. Massachusetts Institute of Technology.

Carbon 333
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Liquid Metal Battery Corp secures patent rights from MIT

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Liquid Metal Battery Corporation (LMBC), a Cambridge, Massachusetts company founded in 2010 to develop new forms of electric storage batteries that work in large, grid-scale applications, has secured the rights to key patent technology from MIT. —Philippe Boisseau, President Total Gas & Power.

MIT 210
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DOE to award $35M to 24 projects to support early-stage, innovative technologies and solutions in advanced manufacturing

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Colorado State University will develop a novel, low-cost turbo-compression cooling system that utilizes the ultra-low-grade waste (less than 150°C) heat available in many industrial processes, the energy from which is not traditionally recovered. Massachusetts Institute of Technology. Solar Turbines Incorporated.

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DOE Awarding $620M for Smart Grid Demonstration and Energy Storage Projects

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Improved energy storage technologies will allow for expanded integration of renewable energy resources like wind and photovoltaic systems and will improve frequency regulation and peak energy management. DOE funding $13,516,546, total project value including cost share $27,419,424). Tehachapi Wind Energy Storage Project.

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DOE ARPA-E awards $156M to projects to 60 projects to accelerate innovation in clean energy technologies

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The new ARPA-E selections focus on accelerating innovations in clean technology while increasing US competitiveness in rare earth alternatives and breakthroughs in biofuels, thermal storage, grid controls, and solar power electronics. Solar ADEPT: Solar Agile Delivery of Electrical Power Technology ($14.7 Massachusetts.

Energy 294