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What is energy storage?

Setec Powerr

Growing demand for renewable energy, an aging electrical grid, costly grid infrastructure improvements, and increasing extreme weather events will require increased energy flexibility to help the grid balance intermittent supply with responsive demand. In addition, these systems offer a wide range of benefits to energy users.

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$125 Million for Research to Enable Next-Generation Batteries & Energy Storage

CleanTechnica EVs

Energy Innovation Hub teams will emphasize multi-disciplinary fundamental research to address long-standing and emerging challenges for rechargeable batteries WASHINGTON, D.C. continued] The post $125 Million for Research to Enable Next-Generation Batteries & Energy Storage appeared first on CleanTechnica. Today, the U.S.

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Mercom: Corporate funding for energy storage companies hit $26.4B in 2022; up 55% y-o-y

Green Car Congress

Mercom Capital Group, a global clean energy research and communications firm, released its report on funding and mergers and acquisitions (M&A) activity in 2022 for the energy storage, smart grid, and energy efficiency sectors. Corporate funding for energy storage, smart grid, and energy efficiency companies.

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BNEF forecasts global energy storage market to grow 15-fold by 2030 to 411 GW/1194 GWh

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Energy storage installations around the world are projected to reach a cumulative 411 GW (or 1,194 GWh) by the end of 2030, according to the latest forecast from research company BloombergNEF (BNEF). That is 15 times the 27GW/56GWh of storage that was online at the end of 2021.

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Aqua Metals produces high-purity LiOH directly from recycled lithium-ion batteries

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Aqua Metals has recovered high-purity lithium hydroxide (LiOH) from lithium-ion battery black mass at the company’s Li AquaRefining recycling facility located at the Tahoe-Reno Industrial Center (TRIC). Aqua Metals in January electroplated its first critical battery metal—copper—from Li-ion black mass.

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DOE launches design & construction of $75M grid energy storage research facility at PNNL

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The US Department of Energy (DOE) has begun work on the Grid Storage Launchpad (GSL), a $75-million facility located at Pacific Northwest National Laboratory (PNNL) in Richland, Washington that will boost clean energy adaptation and accelerate the development and deployment of long-duration, low-cost grid energy storage.

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Northvolt & Mälarenergi partner to deploy battery energy storage for EV charging

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Northvolt and Mälarenergi are partnering to establish a battery energy storage system at an electric vehicle charging station in Västerås, Sweden. The battery system will provide power output up to 220 kW and a usable energy capacity of 320 kWh. —Emad Zand, President Energy Solutions, Northvolt.