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Merger and acquisition (M&A) deals in the smart grid, energystorage, and electric vehicle (EV) sectors during the first six months of 2011 already totaled twice those made during all of 2010, and many more cash-starved start-ups are due for the auction block, according to a new report from Lux Research.
By 2045, California will require the deployment of up to a staggering 55 gigawatts (GW) of long duration energystorage (LDES) to support its 100% clean electricity goals, according to a new modeling study released by the California EnergyStorage Alliance (CESA). —Alex Morris, Executive Director of CESA.
In its new report EnergyStorage 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. Electric grids require balance in order to function properly. Earlier post.).
(MHI), jointly with SSE plc (formerly Scottish and Southern Energy plc), will begin an energystorage system demonstration project using the power grid in the UK’s Orkney Islands, which has a high proportion of renewable energy generation in relation to demand.
Portland General Electric showcased its 5 MW lithium-ion energystorage system to the public today at the utility’s Salem Smart Power Center in South Salem, Ore. The energystorage facility is part of PGE’s contribution to the Battelle-led Pacific Northwest Smart Grid Demonstration Project.
A composite blend of carbon fibers and polymer resin is being developed that can store and charge more energy faster than conventional batteries can. Volvo Cars is the only car manufacturer participating in the EU-funded project, which started in early 2010. Click to enlarge. Click to enlarge.
Mercom Capital Group, a global clean energy research and communications firm, released its report on funding and mergers and acquisitions (M&A) activity in 2022 for the energystorage, smart grid, and energy efficiency sectors. Corporate funding for energystorage, smart grid, and energy efficiency companies.
According to a new report from Pike Research, worldwide installed revenues for stationary energystorage systems for the electricity grid will grow at a strong pace in the coming decade, increasing from $1.5 billion in 2010 to $35.3 Energystorage on the grid addresses several pressing market needs.
This event will feature pitches from a select group of ARPA-E teams developing energystorage technologies. ARPA-E has run and is running a number of programs directly related to energystorage. These include: AMPED (Advanced Management and Protection of EnergyStorage Devices). Open funding solicitations.
Energystorage installations around the world will multiply exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). Global cumulative energystorage installations. Source: BloombergNEF.
signed a memorandum of understanding (MOU) with Russia’s Federal Grid Company (FGC) to help develop new opportunities to use high-performance battery systems to improve the reliability and performance of the Russian electricity system, which is facing record setting demand on an aging grid. Tags: Batteries Russia Smart Grid.
The US Department of Energy (DOE) has issued a funding opportunity announcement ( DE-FOA-0000559 ) for a Batteries and EnergyStorageEnergy Innovation Hub. The Batteries and EnergyStorage Hub will be the fourth such Hub established by DOE. Batteries and energystorage hold one key to our energy future.
Southwest Research Institute has opened a new EnergyStorage Technology Center , bringing its diverse scientific research, development and evaluation of energystorage systems under one roof. We now have 10 times the laboratory space devoted to energystorage research and testing.
Saft is providing the Li-ion (lithium-ion) battery technology for ABB’s new SVC (Static Var Compensator) Light with EnergyStorage—its latest development within the FACTS (Flexible Alternating Current Transmission Systems) family. The technology can play an important role in integrating renewables into the grid. Source: ABB.
UK-based ITM Power has joined the California Hydrogen Business Council (CHBC) and its participation as a founding member in the CHBC Hydrogen EnergyStorage (HES) Program. In 2010 the California Assembly Bill 2514 was passed, the first state law calling for grid-scale energystorage.
Solar Flow-R system distributes solar energy to light electric vehicle batteries and utility consumers. The Paris Motor Show saw the debut of a solar energystorage system to support light electric vehicle battery swaps and charging. V, 30 Ah) high energy lithium-ion battery pack. Click to enlarge. Earlier post. ).
billion over the 2010-2014 period for the US Department of Energy (DOE) to support a broad range of research activities for advanced technology vehicles. Tags: Batteries Electric (Battery) Engines Fuel Cells Hybrids Hydrogen Infrastructure Intelligent Transportation Systems (ITS) Policy Research Smart Grid.
Australia-based Ecoult has been awarded a Hydro Tasmania contract to supply the largest battery-based renewable energystorage system in Australia for the King Island Renewable Energy Integration Project (KIREIP). The 3 MW / 1.6
US Commerce Secretary Gary Locke released the draft of an accelerated plan for Smart Grid interoperability. The Smart Grid will employ real-time, two-way digital information and communication technologies in the operation of the nation’s electricity grid. The draft will be posted for a 30-day period of public comment and review.
Yet-Ming Chiang (co-founder of A123 Systems), report on their development of a new energystorage concept—a semi-solid flow cell (SSFC) combining the high energy density of rechargeable batteries with the flexible and scalable architecture of fuel cells and flow batteries—in a paper published in the journal Advanced Energy Materials.
In October 2010, Southern California Edison (SCE) selected LG Chem, Ltd. to provide lithium-ion battery packs for a pilot program involving energystorage systems (ESS) for residential and small commercial applications, marking LG Chem’s first utility customer win. LG Chem did not disclose the size of the deal.
The US Commerce Department’s National Institute of Standards and Technology (NIST) issued an initial list of standards, a preliminary cyber security strategy, and other elements of a framework to support transforming the nation’s aging electric power system into an interoperable Smart Grid. Earlier post.) Plug-in vehicles.
Total Smart Grid costs. The Electric Power Research Institute (EPRI) has released a broad assessment of the costs and benefits to modernize the US electricity system and deploy the smart grid. The analysis updates EPRI’s 2004 EPRI assessment, which estimated the cost of implementing a smart grid at $165 billion. Source: EPRI.
Green Charge Networks (GCN) has selected Saft to support its role in a $92-million Smart Grid Demonstration Project led by New York’s Consolidated Edison, Inc. Con Edison)—one of the nation’s largest investor-owned energy companies.
A new report from Pike Research, EnergyStorage Systems for Ancillary Services , forecasts that global investment in ancillary services systems for electric power will grow from $227 million in 2010 to $6.6 billion by 2019. The ideal response time is in many cases instantaneous.
A group of US and Canadian power grid operators, who manage most of the North American bulk electric grid collectively, studied the effect that plug-in electric vehicles (PEVs) would have on the electric power grid. Whitley, 2010 IRC chairman and president & CEO of the New York Independent System Operator (NYISO).
4R Energy was established in September 2010 as a new joint venture company between Nissan Motor Co. The purpose is to evaluate and test the residential and commercial applications of energystorage systems or back-up power sources using lithium-ion battery packs reclaimed from electric vehicles after use. Earlier post.).
Nissan Motor Company and Green Charge Networks, a provider of commercial energystorage, are partnering to deploy second-life Li-ion vehicle batteries for stationary commercial energystorage in the US and international markets. formed in 2010. General availability is targeted for Q4 2015. Earlier post.).
The proposed budget also reduces funding for the DOE Office of Energy Efficiency and Renewable Energy’s hydrogen technology program by nearly $70 million—more than 40%. billion, a 12% increase over the 2010 enacted level. Overall, the Budget for the DOE proposes spending of $29.5
Researchers at the Dalian Institute of Chemical Physics (DICP) of the Chinese Academy of Sciences report that a 2 kW vanadium redox flow battery under development there for gridstorage has been in operation for 1,429 days as of 4 June, with a total running time of more than 34,000 hours and 10,000 charge/discharge cycles.
A consortium of Japanese firms, including Hitachi and Toshiba, is expected to construct a small smart grid project in the US that could be operational by the end of 2010. Construction of the grid is to begin around October in an undetermined New Mexico city with about 1,000 families. unit Fuji Electric Systems Co.,
reported that sales of BOOSTCAP ultracapacitor products for wind energy applications through the first three quarters of 2010 are running more than 40% ahead of wind-related sales in the same period last year, and estimates that more than 13,000 BOOSTCAP-equipped turbines are now in operation worldwide. Maxwell Technologies Inc.
A “National Energy Application Technology Research and Engineering demonstration project”, CGNPC plans to couple these 3.5 The energystorage station will serve as an emergency power source to safeguard workers and protect station equipment from being damaged in extreme conditions where the nuclear plants may lose their electrical supply.
has signed a non-binding Memorandum of Understanding (MOU) with the Hawai’i Natural Energy Institute (HNEI) of the University of Hawai’i at Manoa and the Hawai’i Electric Light Company to supply a one-megawatt ALTI-ESS energystorage system for a test of wind energy integration. Altair Nanotechnologies, Inc.
The core offering is based around two key products: Elysia Embedded is a suite of battery management algorithms, which run locally on the Battery Management System (BMS)—for example directly on an EV’s battery or on a stationary energystorage system.
UL announced that 4R Energy Corporation, a joint venture of Nissan Motors and Sumitomo Corporation focusing on the effective reuse of EV batteries for energystorage systems, is the first organization worldwide to be certified to UL 1974 , the Standard for Evaluation for Repurposing Batteries.
and Russia’s JSC Mobile GTES (MGTES), a whole-owned subsidiary of the Federal Grid Company (FGC) of Unified Energy System, have signed a strategic framework agreement to contemplate the manufacture of lithium-ion-based uninterruptible power supply (UPS) systems as part of a five-year engineering and framework agreement.
California’s grid is facing an era of rapid change. There are a lot of complex issues for Californians — especially policymakers—to consider as we work toward a clean energy future. Framework of Electric Mobility - Infrastructure - Charging - Grid Nexus. Distributed Energy Resources.
GridEnergyStorage. Gassenheimer said that GridEnergyStorage will be an increasing focus for Ener1. million for the six months ended June 30, 2010, an increase of 72% over net sales of $15.7 million in the second quarter of 2010 compared to $13.0 Small Cell & Consumer. Net sales were $27.0
Luis Ortiz, are also founders of 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. Sadoway (2012) Magnesium–Antimony Liquid Metal Battery for Stationary EnergyStorage.
we continue to grow and address new opportunities in the clean transportation and stationary energystorage markets. As the global growth in lithium ion batteries for transportation and energystorage applications. transportation, utility scale gridenergystorage and consumer electronics. Clarence J.
Duke Energy will provide engineering design support for battery installations, as well as supply test sites and personnel. ITOCHU will provide its stationary energystorage infrastructure expertise to enable the reuse of automotive batteries.
AC charging is via the mains grid (22 kW) or DC fast charge via CCS/Combo2 for up to 150 kW. Sister company Volvo Buses has sold more than 4000 electrified buses since 2010. The Volvo Group is also involved in various projects where batteries from heavy electric vehicles get a second lease of life, reused for energystorage.
Widely ignored, although gaining attention, is China’s strategic positioning as a crucial gatekeeper to several key “green” technologies, including battery energystorage to support electric vehicles (EVs)—specifically, battery electric vehicles (BEVs)—along with stationary storage for power grids.
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