Remove Energy Storage Remove Forecast Remove Power Grid
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Hydro-Québec and Sony forming JV to develop large-scale Li-ion energy storage system for power grids

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Hydro-Québec and Sony Corporation will establish a joint venture to research and develop a large-scale energy storage system for power grids. Furthermore, the energy storage system for such power supplies must be highly safe and reliable due to the need for an efficient and stable source of high capacity power.

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Hitachi ABB Power Grids launches EV charging system for large-scale e-mobility: Grid-eMotion Fleet

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Hitachi ABB Power Grids has launched Grid-eMotion Fleet, a scalable, modular and fully customizable solution for large-scale EV charging of smart public and commercial transport. Globally, 80% of municipal bus fleets are forecast to be electric by 2040.

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Cornell team develops framework for incorporating wireless charging road system into real-time electricity market

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Researchers at Cornell have developed a coupled transportation–power system framework for incorporating a wireless charging road system into the real-time electricity market. In addition, they propose an optimization-based control strategy to manage the energy storage system in a cost-efficient manner. —Shi and Gao (2022).

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Southern California Edison to buy 261 MW of energy storage projects; largest grid-connected storage purchase in US

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The 2,221 megawatts will represent roughly 10% of SCE’s current total customer peak usage and is enough to power about 950,000 average homes. In addition to five offers with new natural gas generation plants, SCE selected 69 offers from preferred resources and energy storage facilities. In-Front-of-Meter Battery Energy Storage.

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GenCell launches grid-independent hydrogen EV charging solution EVOX

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As EVs consume a growing amount of electricity, and forecasts point to an enormous increase in the number of EVs entering the vehicle pool each year, the demand for electricity is expected to increase. The GenCell EVOX solution can service up to 10 75kW DC fast chargers.

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IBM introduces new wind and solar forecasting system for utilities; big data analytics and weather modeling to predict output

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The solution combines weather prediction and big data analytics to forecast accurately the availability of wind power and solar energy. This will enable utilities to integrate more renewable energy into the power grid, the company says.

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Pike Research forecasts $18B market in 2020 for advanced lead-acid batteries, 58% in transportation

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In a new report, Pike Research forecasts that the advanced lead-acid battery (LAB) market will expand at a compound annual growth rate (CAGR) of 19.8% By 2020, Pike Research forecasts that advanced lead-acid batteries will capture roughly 25% of the global battery-based grid storage market, a small subset of the broader energy storage market.

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