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Energy storage

  • [New] Demand for lithium-ion batteries from transport and energy storage will surge to as much as 5.9 terawatt-hours a year in 2030, putting a strain on supply chains. /
  • [New] BHP will collaborate with Tesla on energy storage solutions to identify opportunities to lower carbon emissions in their respective operations through increased use of renewable energy paired with battery storage. / Green Car Congress
  • [New] Demand for lithium used in batteries including in electric vehicles, for example, is expected to expand by a factor of 30 by 2030. / Canadian Mining Journal
  • [New] Tin demand could rise by up to 60,000 tonnes per year for use in EVs and energy storage by 2030. / en-gb
  • [New] $10 million over two years will allow diesel trains to be retrofitted with energy storage and recovery systems to reduce emissions and improve performance. / ABC (Australia)
  • [New] The Global Energy Storage Program helps deliver breakthrough energy storage solutions that smooth the flow of power while mitigating risks and reducing costs. / Climate Investment Funds
  • Certain Australian industries could access variable electricity costs of $ 20-30 / MWh by 2050, and potentially far sooner, by matching production to available renewable supply and avoiding costs of energy storage. /
  • Batteries will continue to play a critical role in short-duration arbitrage, but there must also be long-duration energy storage to meet the needs of Australia's rapidly transforming energy system. / reneweconomy
  • With batteries now a preferred technology in a range of applications and increasing need for energy storage, demand for batteries is projected to grow substantially over the next decade - by 9 - to 10-fold to 2030. / wp-content
  • The government-backed project, led by Pivot Power, integrates energy storage, electric vehicle (EV) charging, low carbon heating and smart energy management technologies to decarbonise Oxford by 2040 and creates a blueprint for other towns and cities to achieve net zero. / Pivot Power
  • Advances in battery technologies and energy storage will require continued breakthroughs in the fundamental science of materials. / Tech Xplore
  • Under Wood Mackenzie's 2 ˚ C scenario, demand from renewables, energy storage and transmission and electric vehicles and charging infrastructure will climb to 24.4 million tonnes in 2025 and 42 million in 2030 from 13.5 million tonnes in 2021. / Reuters
  • Copper demand from renewables, energy storage and transmission and electric vehicles and charging infrastructure will more than double to 8.6 million tonnes in 2025 from 2020 levels under a scenario that limits global warming to less than 2 ˚ C. / Reuters
  • Consumer electronics, Electric Vehicles (EVs) and Energy Storage Systems (ESS) are the dominant uses for lithium-ion batteries and it is estimated that EVs and Internal Combustion Engine vehicles will reach price parity by 2024. / Resource World Magazine
  • Energy storage will play a crucial role in providing the necessary flexibility for Indian power system, which is at the cross roads for decarbonisation with massive renewable energy capacity addition planned with intermittent sources such as solar and wind. / Assets EY
  • Large-scale application of energy storage is one of the effective means to build a new power system with new energy as the main body, and it is a key link to achieve the goals of peak carbon dioxide emissions by 2030 and carbon neutrality by 2060. / PV Tech
  • Given that the cost of installed capacity for batteries is smaller than in BEST systems (US$4 to US$ 8 million per megawatt), battery and BEST systems could be operated in conjunction to provide energy storage for a coastal city or for an offshore wind power plant. / Tech Xplore
  • S&P Global Platts Analytics, an affiliate of S&P Global Ratings, expects the U.S. storage market to increase nearly nine times in 2020-2023, fueled largely by advanced battery energy storage, with cumulative deployment approaching 10 GW by 2024. / S&P Global Platts
  • VRFBs can store energy for 4-12 hours, much longer than the typical 1-4 hour applications lithium-ion batteries are economically viable at doing today, Largo's in-house analysis forecasted the total addressable market to be around 49,000 MWh by 2025. / Energy Storage News
  • As part of cell production at Giga Berlin, lithium-ion cells will still be used in electric vehicles and energy storage systems in various locations around the world. / TESMANIAN
  • New York is targeting 9,000 MW of offshore wind by 2035, 6,000 MW of solar by 2025, and 3,000 MW of energy storage by 2030. / Utility Dive

Last updated: 25 July 2021