Energy storage

• [New] £68 million to fund a UK-wide competition to deliver first-of-a-kind long-duration energy storage prototypes that will reduce the cost of achieving net-zero by storing excess low carbon energy over longer periods.
• [New] There's still much more to do in power - more solar and wind (capacity must double by 2030), more energy storage and less coal.
• [New] Biden's American Jobs Plan includes a $100 billion investment in the power grid, including tax credits to incentivize the deployment of at least 20 GW of high-voltage capacity power lines, as well as extending and expanding tax credits for clean energy resources, including energy storage.
• [New] The US would need 410 GW of new battery energy-storage capacity by 2035, combined with 11 6GW of new flexible gas-fired power capacity operating on renewable bio or synthetic carbon-neutral fuels.
• Artificial intelligence, improved data analytics, energy grids, new methods for delivering and managing energy storage and delivery could make energy systems around the world cleaner, more efficient and lead to significant productivity gains in the energy sector itself.
• Apple will use an array of Tesla Megapack batteries for a grid-scale energy storage project at its solar farm in California.
• World's wealthiest nations will need 2,594 GW of energy storage and 933 GW of flexible gas power capacity capable of running on future fuels.
• Energy storage demand is expected to grow to 50 GWh of cumulative installed capacity in Europe by 2035, with 22 GWh in residential and 23 GWh in utility-scale energy storage, while the commercial and industrial sector only requires 4 GWh.
• While some public utilities may be able to get to net-zero emissions by 2035, for many others, that will not occur without technological breakthroughs in energy storage and other advanced technologies.
• On military bases, the Department of Defense could install more renewables and improve its energy storage.
• Relectrify will develop 36 kW/120 kWh Revolve energy storage units from batteries that have reached the end of their useful life in Nissan Leaf EVs.
• Based on projected power and energy capacity capital costs for 2050, hydrogen storage with up to 2 weeks of discharge duration is expected to be cost-effective in future power systems.
• An electric vehicle contains up to four times more copper than a fossil-fuel-powered vehicle, while stationary energy storage, as another example, is expected to grow 122 times in market size to 2580 GWh/y in the next decade.
• More renewable energy projects, including energy storage systems, are planned for Mongolia in the future, and JGC will promote further expansion of orders and contribute to the construction of clean social infrastructure in Mongolia and the Asian region.
• A viable alternative to lithium-ion batteries and boost the domestic manufacture of batteries will help meet India's growing demand for energy storage.
• The technology group Wartsila announced today that it will supply its energy storage technology for two 100-MW / 214.5-MWh projects in southern Texas, USA.
• The Madero and Ignacio energy storage plants will deliver valuable grid support to the Electric Reliability Council of Texas, the body responsible for managing the electric supply to more than 25 million customers.
• £68m to fund a UK-wide competition to deliver long-duration energy storage prototypes that will reduce the cost of net zero by storing excess low carbon energy over longer periods.
• £68 million to fund a UK-wide competition to deliver first-of-a-kind long-duration energy storage prototypes that will reduce the cost of net zero by storing excess low carbon energy over longer periods.
• While there are only about 225 MW of batteries on the ERCOT grid, as much as 1,500 MW of energy storage could come online in 2021.

Last updated: 18 April 2021