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BNEF: energy storage is a $1.2-trillion investment opportunity to 2040

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The falling cost of batteries is set to drive a boom in the installation of energy storage systems around the world in the years from now to 2040, according to the latest annual forecast from research company Bloomberg NEF (BNEF). The global energy storage market will grow to a cumulative 942GW/2,857GWh by 2040, attracting $1.2

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AREVA and Schneider Electric sign a strategic partnership agreement on grid energy storage using hydrogen fuel cells

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Both groups will combine their expertise in order to design and propose energy storage solutions that guarantee the reliability of electrical grids for isolated sites and areas where access to power is limited. AREVA will provide the Greenergy Box , an energy storage solution made with an electrolyzer and fuel cell.

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Nissan office in France to house largest grid-integrated EV system yet

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Nissan’s new regional office in France will house the largest grid-integrated electric vehicle (EV) system and second-life battery storage unit yet installed in a building, anywhere. The new energy management system will also decrease the amount of contracted power consumed from the local electricity supplier.

France 150
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Bloom Energy announces hydrogen-powered energy servers to make always-on renewable electricity a reality

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Despite those periods of excess wind and solar power, because the ability to store electricity for more than a few hours is lacking, dispatchable power from the combustion of fossil fuels continues to bridge gaps in supply. Bloom Energy Servers can be placed virtually anywhere where renewable hydrogen, natural gas or biogas is available.

Renewable 305
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Kinetic Traction Systems launches with trackside flywheel energy storage technology for rail

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KTSi trackside flywheel systems provide voltage support to overtaxed sections of electric rail systems, eliminating slowdowns, as well as capturing, storing and reusing the regenerative braking energy of rail cars. Vacuum cabinet, flywheel cylinder and drive cabinet of Kinetic Energy Storage System (KESS).

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40 Tesla Megapacks replace WW2 turbojet generator in Belgium

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Tesla noted that the Deux-Acren project, which installed the Megapacks, is now one of the largest storage systems in Europe. “Megapack is quieter and supports the local electric grid with energy shifting and stabilizing services and seamless integration with more renewable sources,” Tesla said in its video. .

Belgium 125
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Mercedes-Benz Cars plants in Germany to be supplied with CO2-neutral energy from 2022

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New plants in Germany and Europe are planned with a CO 2 -neutral energy supply from the start: Already, the entire electricity demand of the smart plant in Hambach (France) is obtained from renewable energy sources. Any resulting CO 2 -emissions are offset by qualified environmental projects.

Germany 170