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ICL model predicts lithium-ion batteries most competitive for storage applications by 2030

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levelized cost)—as opposed to the investment cost—of 9 electricity storage technologies for 12 different applications between 2015 and 2050. The model predicts lithium-ion batteries to be the cheapest technology in the coming decades. An open-access paper on their work is published in the journal Joule.

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Continuous test operation begins for large-format Li-ion energy storage system at power plant

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Evonik Industries, STEAG, and other project partners put a lithium electricity storage system (LESSY) into operation at STEAG’s Fenne power plant in Völklingen, Saarland, Germany. The large-format energy storage system was developed under a research initiative sponsored by the German Federal Ministry of Education and Research.

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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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Classification of potential electrical storage for stationary applications. To smooth out the intermittency of renewable energy production, low-cost electrical energy storage (EES) will become necessary. The most commonly used systems today work by converting electricity to kinetic (e.g.,

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European Researchers Developing Multifunctional Structural Composite Material That Can Double as Energy Storage

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provided three examples of multifunctional power-generating and energy-storing materials: structural lithium-ion batteries, structural proton exchange membrane (PEM) fuel cells, and structural capacitors. The laminated architecture of fibre composites mirrors the configuration of many current electrical storage devices.

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Vattenfall, BMW and Bosch test second-life EV battery electricity storage in Hamburg for grid stabilization

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Vattenfall, BMW and Bosch are testing the use of second-life EV batteries in a 2 MW, 2,800 kWh energy storage system in Hamburg, Germany, to keep the electricity grid stable. The electricity storage facility comprises 2,600 battery modules from more than 100 electric vehicles.

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Lux Research: the $40,000, 200-mile-range EV is the biggest coming growth opportunity for energy storage in transportation

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Analysis by Lux Research suggests that the market space represented by the emerging lower-cost, 200-mile-range EV will be the biggest coming growth opportunity in electric storage for transportation. billion worth of energy storage. billion worth of energy storage in 2014. billion worth. Click to enlarge.

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STEAG investing €100M in a total of 90 MW of grid energy storage systems with LG Chem Li-ion batteries

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German utility STEAG is investing around €100 million in grid energy storage systems (ESS) totalling 90 MW, equipped with Li-ion cells from LG Chem.

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