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EPRI study finds US energy storage market could be as large as 16 GW of capacity if systems can meet $700–$750/kWh and all benefits can be monetized

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Positioning energy storage technologies. Source: EPRI. Niche high-value market sizes were estimated to total approximately 5 GW if energy storage systems could be installed for $1400/kWh and all benefits could be monetized. —Mark McGranaghan, vice president of Power Delivery and Utilization at EPRI.

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US Subsidiary of GS Yuasa introduces energy storage systems for renewables and EV charging

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GS Battery (USA) Inc., , the US subsidiary of Japan-based battery maker GS Yuasa, announced the deployment of its Hybrid Energy System (HES) for renewable energy storage and EV charging.

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EPRI Analysis estimates costs of fully developing US smart grid could reach $476B; benefits up to $2T

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Source: EPRI. 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.

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DOE expands partnership with industry to advance next-generation automotive technologies, adds Tesla and EPRI as members: US DRIVE

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The announcement of US DRIVE marks the addition of two new members that bring additional focus on electric-drive vehicle technologies to the partnership: the Electric Power Research Institute (EPRI) and Tesla Motors. Electric utility industry: DTE Energy, Southern California Edison, and the Electric Power Research Institute.

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DOE awards $2.4M to 3 projects for next-generation grid energy storage

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The US Department of Energy’s Office of Fossil Energy and Carbon Management (FECM) recently awarded $2.4 million in funding for three projects to advance novel thermal and hydrogen energy storage technologies toward increased duration, reliability and affordability. WE New Energy Inc.

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Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

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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. Energy storage on the grid is reaching a turning point. Installed revenue by ESG technology, worldwide. Click to enlarge. Earlier post.).

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EPRI, NREL, and U of Washington form UNIFI consortium to advance grid-forming inverters to support renewables

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—Daniel Brooks, vice president of integrated grid and energy systems at EPRI. In addition to EPRI, NREL, and the University of Washington, the UNIFI consortium currently includes: Three DOE national laboratories.

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