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FREYR Battery to site US gigafactory in Georgia; initial investment $1.7B, growing to $2.6B through 2029

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FREYR Battery announced the selection and purchase of a site in Coweta County, Georgia for its planned Giga America battery plant. Additionally, FREYR intends to apply with the US Department of Energy for packages that could include a grant and/or direct loans to assist with the development of Giga America. billion through 2029.

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Georgia Tech team develops simple, low-cost process for oxide nanowires; superior separators for Li-ion batteries

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Researchers at Georgia Tech have developed a simple technique for producing oxide nanowires directly from bulk materials under ambient conditions without the use of catalysts or any external stimuli. This technique could open the door for a range of synthesis opportunities to produce low-cost 1D nanomaterials in large quantities.

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Researchers develop wave-energy-driven CO2 reduction system for production of carbon-based liquid fuels

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A team from King Abdullah University of Science and Technology (KAUST), Beijing Institute of Nanoenergy and Nanosystems, and Georgia Tech has developed a a wave-energy-driven electrochemical CO 2 reduction system that converts ocean wave energy to chemical energy in the form of formic acid, a liquid fuel. Leung et al.

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Market Update: How Battery Pack Costs Declined Since 2008

Blink Charging

Electric vehicles, renewable energy systems, and grid energy storage all rely on efficient and affordable energy storage solutions, primarily lithium-ion batteries. In 2008, the cost per kilowatt-hour (kWh) was $1,355, but by 2022, it had dropped to $153 per kWh.

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DOE announces $11.5M in Phase 1 funding for carbon capture and storage program; ARPA-E FLECCS

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Later in the program, teams that move to Phase 2 will focus on building components, unit operations, and prototype systems to reduce technical risks and costs. The post-combustion outlet gas is more easily separated into water and CO 2 to the pipeline, thereby lowering the electricity costs of grids with high levels of VRE.

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Obama Administration Announces $8.33B in Loan Guarantees for New Nuclear Power Reactors in Georgia; First New US Nuclear Power Plant Project in Nearly 3 Decades

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President Obama announced that the Department of Energy has offered conditional commitments for a total of $8.33 billion in loan guarantees for the construction and operation of two new nuclear reactors at a plant in Burke, Georgia. Total cost of the new units is currently projected to be approximately $14 billion.

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Factor in V2G Revenue When Planning Fleet Electrification

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They are quieter, cleaner, have better acceleration, and cost less to keep running because electricity is cheaper than diesel and EVs require less maintenance than their ICE counterparts. All these costs must be factored into achieving TCO targets. Then use that stored energy to charge EVs during peak times.

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