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

Green Car Congress

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. Electric grids require balance in order to function properly. Energy storage on the grid is reaching a turning point. Earlier post.).

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GE VC Firms Announce $200M Open Innovation Challenge to Accelerate Power Grid Technology Through Open Collaboration

Green Car Congress

GE announced a $200-million open innovation challenge that seeks breakthrough ideas to create a smarter, cleaner, more efficient electric grid, and accelerate the adoption of more efficient grid technologies. Proposals are sought in three, broad categories: Renewables, Grid and Eco Homes/Eco Buildings.

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Bidirectional Charging Management (BCM) research project gets green light; tying in renewables

Green Car Congress

Not only will electric vehicles with bidirectional charging capability be able to draw electrical power for their high-voltage battery when plugged into a compatible charging station or wallbox, they will also have the ability to reverse the process and feed energy back into the power grid.

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Electrification Coalition launches online EV Policy Showroom

Green Car Congress

The guide covers federal, state, local and utility resources, as well as legal settlements, state and regional carbon market revenues, future operational savings and the monetization of vehicle-to-grid capabilities.

Financing 448
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Vancouver-based Ceylon Graphite granted industrial mining licence for M1 mining project in Sri Lanka

Green Car Congress

K1 is Ceylon Graphite’s first exploration project and operates under the Sarcon Development legal umbrella. These exploration grids (each one square kilometer in area) cover areas of historic graphite production from the early twentieth century and represent a majority of the known graphite occurrences in Sri Lanka. From the K1 site.

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EVgo transitions to kWh pricing model throughout the US (where legally allowed, of course)

Electrek

By charging for the amount of energy used rather than the time spent charging, EVgo looks to incentivize EV drivers to spend less, while still utilizing a time-of-use component to alleviate some strain on the grid. We’ve broken everything down for you below.

Legal 117
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Get H2 partners propose green hydrogen pipeline in Europe

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Most of the transport will take place via existing gas grid lines (shown in orange), which will be converted to hydrogen transport. In Lingen (Emsland) RWE produces green hydrogen via an electrolysis plant. From 2024 this will be used to supply the bp refinery in Gelsenkirchen.

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