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Energy storage

  • [New] Chinese electricity company Huaneng will invest in the 50 MW Battery Storage project in Stonehill, which is touted as a major new milestone for energy storage in the UK. New Civil Engineer
  • [New] GEMC continues to evaluate strategic cooperative opportunities that could enable securing a stable supply of battery minerals critical for the electrification of vehicles and energy storage to the North American market. The Market Herald
  • [New] ADB now plans for US$ 66 billion in financing for climate mitigation financing through 2030, including for new energy storage, energy efficiency and low-carbon transportation investments. CNA
  • Research from SCE last year showed the need for $250 billion in clean energy, energy storage and grid investments through 2045. Canary Media
  • Increased Energy storage capacity will boost the Indian power system and allow large scale integration of Renewable Energy into the system in the coming years.
  • The wind power and energy storage will see decline in its costs, making it the most competitive clean energy in the world.
  • The first generation solid state battery will be the first in high-volume production in the second half of 2022, but it is the following generations that will shake up the way batteries are built, from electric vehicles to energy storage and consumer systems. eeNews Power
  • Demand for battery metals to power the green transition is on the up, with Wood Mackenzie projecting global demand for energy storage will rise to 1 TWh by 2030.
  • Europe's energy woes illustrate the potential risks of moving too quickly to mandate renewable power, before taking essential steps to revamp U.S. electric grids, boost energy storage and build more solar arrays and wind farms. National Review
  • The US commands a global leadership position in energy storage with a 40% cumulative share to 2030, while the US FTM market is expected to surpass 300 GWh in 2030, with annual installations hitting 53 GWh that year. Wood McKenzie
  • The U.S. must deploy a minimum of 103 gigawatts (GW) of distributed, local solar power and 137 GW of distributed energy storage by 2030 to achieve President Biden's climate and equity goals at the lowest cost. Local Solar for All
  • Over the next decade, demand for graphite is expected to accelerate given its use as an anode material in lithium-ion batteries, which have quickly become the undisputed leader in the electric vehicle and energy storage markets.
  • Massive cost reductions, seen in the wind and solar industry over the past decade, are now anticipated in the energy storage industry over the next 10 years. Export-Import Bank of the United States
  • North America's largest green energy storage project: Advanced Clean Energy Storage, a partnership with Magnum Development in Delta, Utah, to create a green hydrogen hub that will eventually provide pipeline connectivity throughout the Western Interconnect of North America. FuelCellsWorks
  • Rolls-Royce will deliver the entire electrical propulsion system, including an energy storage system for the new P-VOLT aircraft. Charged EVs
  • Brunnthal/Munich, Germany - SFC Energy AG, a leading supplier of hydrogen and methanol fuel cells for stationary and mobile hybrid power solutions, will present its clean energy supply solutions at ees Europe - Europe's largest trade fair for batteries and energy storage systems. FuelCellsWorks
  • With the price of lithium-ion batteries declining 97% over the past three decades, the world will see a boom in energy storage over the next decade. Energy Monitor
  • Enel, which owns several solar assets in Australia, including the Bungala solar farms in South Australia and Cohuna in Victoria, and is also looking to set up a retail operation, will seek to build out 20 TWh of battery energy storage and 20 GW of demand response by 2030. reneweconomy
  • In California, construction began in January 2021 on Slate, a 300 MW solar PV plant with 140.25 MW / 561 MWh battery energy storage, from which energy will be sold to two community choice aggregators (CCA) energy suppliers and three other off-takers. Energy Central
  • Breakthrough in battery chemistry in 30 years - the technology to replace graphite anodes - which will usher in a new era of energy storage. Auto Connected Car News
  • The new 63-MW solar generating station, coming online in summer 2022, will include a 50-MW battery energy storage system with 200 MWh of power storage capacity. Sustainability at Stanford: 2020-21 Year in Review

Last updated: 24 October 2021