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Merger and acquisition (M&A) deals in the smart grid, energy storage, 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. M&A transactions totaled $2.42
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. 2010 vs 2011 forecasts.
This quantity represents more than a 150X increase in the amount of energy storage deployed in the state since 2010 and is the energy equivalent of powering 37 million homes. By 2030, the state will require 2-11 GW of new operational long duration energy storage.
An updated roadmap for the Smart Grid is now available from the National Institute of Standards and Technology (NIST), which recently finished reviewing and incorporating public comments into the NIST Framework and Roadmap for Smart Grid Interoperability Standards, Release 2.0. represents a significant update to the NIST Release 1.0
The SmartGridCity project is the first fully functioning smart grid enabled city. Its goal is to provide increased grid reliability and energy use information. The ten vehicles participating in the project are part of a 150 vehicle demonstration fleet arriving in the US in early 2010.
For this reason, it is common in LCA and carbon footprinting to create and utilize emissions factors, or average amount of a pollutant per unit activity, for the use of grid electricity, such as gCO 2 /kWh consumed. The larger the region at which the grid is averaged, the closer the estimate comes to the national average emissions factor.
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.
2010 investment by country and sector. Global clean energy finance and investment grew significantly in 2010 to $243 billion, a 30% increase from the previous year. billion in investments in 2010 represents a 39% increase from 2009. Italy is the first country to achieve grid parity, or cost-competitiveness, for solar energy.
In April 2010, Project Get Ready, a non-profit initiative led by Rocky Mountain Institute to help communities prepare for electric vehicles, named GE a technical advisor focusing on design and planning of the local and regional electric grids for electric vehicles. Residential WattStation. Click to enlarge.
Global MW of fuel cell product shipments by electrolyte, 2008-2010. The stationary fuel cell market was the only one of the three meta sectors that posted an increase, with both the portable and transport sectors experiencing decreases in units shipped between 2009 and 2010. Click to enlarge.
Smart grid spending will increase 17.4% globally (compound annual growth rate (CAGR) for hardware, software and services) from 2010 to 2015 while overall spending will reach nearly $46.4 billion worldwide in 2015, according to a new report from IDC Energy Insights.
reduction of the calculation preparation time (CA0, grid). IFPEN has just launched the production of a new calculation engine in LMS Imagine Lab Rev12 capable of processing hybrid grids. Réveillé (2010) High Performance 3D CFD Codes for Complex Piston Engine Applications. Resources. Angelberger, B.
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.
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.
Launched in 2010, BEEST is currently an alumnus project. CHARGES (Cycling Hardware to Analyze and Ready Grid-Scale Electricity Storage). GRIDS (Grid-Scale Rampable Intermittent Dispatchable Storage). Open funding solicitations. ARPA-E Workshops are open to the public by invitation.
The technology can play an important role in integrating renewables into the grid. It compensates for fluctuations in the voltage and current of an electric grid, thereby allowing more power to flow through the network while maintaining safety margins and increasing stability. Hierarchy of the battery solution. Source: ABB.
The European Commission Fuel Cells and Hydrogen (FCH) Joint Undertaking (JU) has published its 2010 Call for Proposals with a budget of €89.1 Specific topics for the different areas in the 2010 Call include: Transportation and Refuelling Infrastructure (€31.6M). million, entered into the negotiation stage in April 2010.
The energy storage facility is part of PGE’s contribution to the Battelle-led Pacific Northwest Smart Grid Demonstration Project. The regional demonstration is a five-year, $178-million project that launched in 2010. The energy storage system will respond to regional grid conditions with the help of transactive control.
According to a new report from Pike Research, worldwide installed revenues for stationary energy storage 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 Worldwide installed revenue opportunity by energy storage on the grid (ESG) technology, 2010-2020.
EV IT investment by segment, United States: 2010-2015. The majority of EV service equipment (EVSE) will be networked and managed via information technology (IT) and communications systems that will aggregate power demand and enable a coordinated response to changing grid conditions. billion in spending between 2010 and 2015.
MHI), jointly with SSE plc (formerly Scottish and Southern Energy plc), will begin an energy storage 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. Mitsubishi Heavy Industries, Ltd.
The US National Institute of Standards and Technology (NIST) has released an updated roadmap for public comment for Smart Grid interoperability. The request for public comment on NIST Framework and Roadmap for Smart Grid Interoperability Standards, Release 2.0, Earlier post.). NIST’s first outline, Release 1.0, New to the 2.0
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. Green Charge Networks (GCN) is a smart grid, and energy storage and management technology company, with a particular expertise in electric vehicle charging.
In August 2010, A123 spun out 24M to commercialize this type of new technology. Earlier post.). —Duduta et al. Duduta, M., Limthongkul, P., Brunini, V. Craig Carter, W. and Chiang, Y.-M. 2011), Semi-Solid Lithium Rechargeable Flow Battery.
In October 2010, Southern California Edison (SCE) selected LG Chem, Ltd. LG Chem Ltd. will supply Li-ion battery and management systems to Swiss-based ABB under a newly signed long-term agreement. Among the projects to be undertaken will be a power system stabilization demonstration project. LG Chem did not disclose the size of the deal.
According to the report, the decline in PV installed costs seen by customer-owners of such systems in 2010 follows a significant drop in the wholesale cost for PV modules in 2009. However, that drop in module prices appears to have made its way to customers in 2010. W between 2009 and the first six months of 2010. Darghouth, R.
BNEF projects that it will be made possible by further sharp declines in the cost of lithium-ion batteries, on top of an 85% reduction in the 2010-18 period. This is a new era of dispatchable renewables, based on new contract structures between developer and grid. —Logan Goldie-Scot, head of energy storage at BNEF.
EV Connect, a California-based software-as-a-service company, is collaborating with the Indiana-based Battery Innovation Center (BIC) and Energy Systems Network (ESN) to deploy Indiana’s first large-scale Vehicle-to-Grid capable charging system to support school bus fleet, HD truck, and other customer segment applications.
Introduced in 2010 as the world’s first mass-market electric vehicle, the Nissan LEAF has led the way in making the excitement and convenience of electric driving accessible to non-luxury buyers. The number of LEAF vehicles sold since 2010 is enough to save 3.8 The Nissan LEAF is the first electric car to surpass 400,000 sales.
The technology is enabled as OnStar receives a signal from PJM Interconnection that shows the percentage of available renewable energy on the grid. Renewables in the US grid. Non-hydro renewable sources will than double between 2010. —Nick Pudar, OnStar vice president of planning and business development.
Before 2010, reciprocating engines typically had no more than 9 MW in capacity, but in recent years, larger units that range from 16 MW to 19 MW have been installed throughout the United States. The plant came online in 2010 and can provide 25% of total generating capacity within two minutes and reach full output within eight minutes.
in September 2010, to address the secondary use of EV lithium-ion batteries. Batteries Electric (Battery) Power Generation Smart charging Smart Grid' This commercial scale storage system, built on Yume-shima Island, Osaka, will begin operating in February 2014. Earlier post.)
In the ZuhauseKraftwerk Schwarmstrom concept, each EcoBlue unit will connect to a grid operations center, and will be able to provide power on demand to the grid. In contrast, power from the LichtBlick decentralized system can be supplied to the grid quickly. Most importantly, we can supply power when there is no wind.
California’s grid is facing an era of rapid change. Framework of Electric Mobility - Infrastructure - Charging - Grid Nexus. In areas with high concentrations of PEVs, the distribution system is likely to be the first part of the grid to require upgrades and management as a result of PEV growth. Distributed Energy Resources.
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. Ener1, Inc.
The SAE J1772 “Electric Vehicle and Plug In Hybrid Electric Vehicle Conducive Charge Coupler” standard—agreed to in 2009 and officially published by SAE International in January 2010—was the world’s first industry-consensus standard to provide critical guidelines for safety, charging control and connectors used to charge EVs/PHEVs.
billion, a 12% increase over the 2010 enacted level. 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%. Overall, the Budget for the DOE proposes spending of $29.5
In 2010, Toshiba announced that it was working with Mitsubishi Motors Corporation to bring the SCiB battery ( earlier post ) to electric vehicles (EVs). The company will also promote use of the battery in other areas, including as a stationary power storage device in smart grids. Earlier post.)
They wanted to see whether an electric vehicle could feed electricity back to the grid. The company’s president, Tom Gage , dubbed the system “vehicle to grid” or V2G. And EV owners would become entrepreneurs, selling electricity back to the grid. And indeed, that’s how promoters of vehicle-to-grid technology perceive the EV.
Based on real-world experience by Volt owners since the vehicle launched in late 2010, engineers made minor changes to the material composition of the battery cell chemistry, resulting in improved performance and durability. Volt owners have travelled more than 65 million miles since the vehicle launched late 2010.
The first generation of the MINI Countryman was a success for MINI, and from 2010 it expanded the model family to include a compact SUV vehicle with all-wheel drive, five doors and—for the first time in a MINI model—more than four meters in length.
Researchers at the Department of Energy’s Oak Ridge National Laboratory have designed , fabricated and demonstrated a PHEV traction drive power electronics system that functions as the on-board charger, and that also provides significant mobile power generation and vehicle-to-grid support capabilities. 3923 - 3929 doi: 10.1109/ECCE.2009.5316496.
WAE can trace its foundations back to 2010 when Williams Grand Prix Engineering Limited began diversifying its operations; a division which later became Williams Advanced Engineering.
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 energy storage, smart grid, and energy efficiency sectors. Corporate funding for energy storage, smart grid, and energy efficiency companies. Smart Grid.
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