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Enel acquires eMotorWerks to provide grid balancing solutions and tap into US e-mobility market

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Through the JuiceNet platform, these facilities can be remotely controlled and aggregated for grid balancing purposes relying on unidirectional and bidirectional (vehicle-to-grid, V2G) electricity flows. eMotorWerks has deployed more than 25,000 smart-grid enabled charging stations to date.

Grid 170
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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

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We see $548 billion being invested in battery capacity by 2050, two thirds of that at the grid level and one third installed behind-the-meter by households and businesses. —Seb Henbest, head of Europe, Middle East and Africa for BNEF and lead author of NEO 2018. trillion of that going to wind and solar and a further $1.5

Wind 220
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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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India is planning to almost double the length of its gas transmission grid, while China will grow its gas network about 60% by 2025. The goal is to bring down the cost of green hydrogen until it becomes competitive with fossil fuels in many applications in the next five years. The hydrogen market is on the verge of a revolution.

Gas 243
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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 cost of generating power from renewable energy sources has reached parity or dropped below the cost of fossil fuels for many technologies in many parts of the world, according to a new report released by the International Renewable Energy Agency (IRENA). Real weighted average cost of capital is 7.5% Source: IRENA.

Renewable 150
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Snam and RINA team up to accelerate the development of hydrogen sector

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Hydrogen will achieve Total Cost of Ownership parity with diesel by 2030, even without additional incentives. Blending hydrogen in the grid (up to a 10-20% mix) for building heating is another area of wide possible adoption that could take place in the short- to mid-term.

Hydrogen 397
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CalSEED awards $4.2M to early-stage clean energy innovations

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To help California mitigate its ever-growing wildfires, this year CalSEED has included companies that are innovating in technologies that will build wildfire resiliency into the grid. This novel technology would deliver safe, reliable, resilient, and cost-effective electric power in the grid. the cost of energy storage?by

Clean 371
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PNNL study outlines requirements for grid storage, reviews four electrochemical energy storage systems: vanadium redox flow, Na-beta, Li-ion and lead-carbon

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To be successful, systems will need to evolve—in some cases, considerably—to compete financially with the cost of natural gas production. The future grid will face significant challenges by providing clean power from intermittent resources to a much more dynamic load. In their study, Yang et al. —Yang et al.

Li-ion 231