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BNEF ups forecast for global investment in stationary energy storage, sees majority of capacity likely to be grid-scale

Green Car Congress

Energy storage 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 energy storage installations. Source: BloombergNEF.

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Thermal Energy Storage Is No Longer Just Hot Air

Cars That Think

Cheesecake is part of a cohort of companies trying to meet a growing need for alternative forms of energy storage. As countries transition away from fossil fuels to green sources of energy like wind and solar, there will be natural lulls in energy production due to weather conditions.

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Power-to-gas trial to inject hydrogen into Australia’s gas grid; A$5M award to AquaHydrex

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The Australian Renewable Energy Agency (ARENA) announced a trial for a new type of electrolyzer which could see excess renewable energy stored in the gas grid and used to decarbonize Australia’s gas supply. In the future, there will be increasing amounts of surplus renewable energy when it is sunny or windy.

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Solar and Battery Companies Rattle Utility Powerhouses

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Analysts and power insiders sketch scenes including interconnected local renewable grids that draw on short-duration battery storage (including the small batteries in electric vehicles in a garage, models for which Tesla just happens to make) combined with multi-day storage for power generated by wind and solar.

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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

China leads the pack with a 40-70% cost reduction in utility-scale solar, onshore wind, and offshore wind compared to other Asia Pacific markets. China is expected to maintain a 50% cost advantage in renewable energy up to 2050. WoodMac also underscores the growing competitiveness of offshore wind with fossil fuels in APAC.

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Harvard team demonstrates new metal-free organic–inorganic aqueous flow battery; potential breakthrough for low-cost grid-scale storage

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Researchers at Harvard have demonstrated a metal-free organic–inorganic aqueous flow battery—a quinone–bromide flow battery (QBFB)—as an example of a class of energy storage materials that exploits the favorable chemical and electrochemical properties of a family of molecules known as quinones. —Huskinson et al.

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11 Intriguing Engineering Milestones to Look for in 2023

Cars That Think

It’s about one-twentieth the size of the minibus-scale geostationary satellites already in orbit, allowing for cheap and quick deployment. The world’s largest pumped-energy-storage station—a technique that stores energy by pumping it uphill to a reservoir—is set to complete phase two of its construction in 2023.

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