Renewable energy storage creates ripples of hope

on July 5, 2016
Geographical UK energy storageGeographical’s regular look at the world of climate change. This month, Marco Magrini looks at energy storage

It is happening. The grid’s decarbonisation is moving faster than many people realise. In May, for four consecutive days, Portugal was powered exclusively by solar, wind and hydro energy sources. A week later, clean energy supplied a record 87 per cent of Germany’s electricity demand. At the same time, Britain’s coal-fired electricity fell to zero for more than 12 hours for the first time in modern history – no minor accomplishment.

If Europe seems well on track to reach its baseline target of a 20 per cent share in renewable energy by 2020, the entire world needs to speed up clean power adoption, in order to meet its ultimate climatic goals. However, to reach and exceed the 30 per cent threshold in another decade, the missing link for clean power technologies must be filled in, namely storage.

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Geographical UKRenewable energy storage creates ripples of hope

The Year Ahead in Energy Storage Policy

on July 5, 2016

energy storage greentech mediaThe energy storage industry enjoyed a moment in the spotlight last week when theWhite House hosted a summit on that topic. Now this burgeoning sector will work to capitalize on this new exposure to get policies in place that allow storage markets to grow.

The core message energy storage companies are trying to send is that their products provide a value to the grid, but it’s a value that the markets currently aren’t designed to compensate. The rules were written before this technology came into its own, and now they’ll need to be amended for storage providers to recoup investments that yield tangible services to the grid. As electric generation shifts away from central, thermal plants to more distributed and variable renewable sources, the ability to flexibly store energy will play an ever more critical role. 

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GreenTech MediaThe Year Ahead in Energy Storage Policy

Energy Storage “Ghost Hunters” Nail Down Path To Better Battery

on July 5, 2016

energy storage cleantechnicaA team of energy storage researchers based at Texas A&M University has identified a nanoscale bottleneck as the culprit behind low performance in lithium-ion batteries. The discovery could lead to the use of new, improved materials that enable a rechargeable battery to attain more of its maximum theoretical capacity and maintain it through more of its lifecycle.

Considering the widespread use of Li-ion energy storage tech, the discovery has significant implications for energy efficiency and energy conservation in the low-carbon economy of tomorrow.

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CleanTechnicaEnergy Storage “Ghost Hunters” Nail Down Path To Better Battery

Falling Renewable Energy Prices Threaten Energy Storage. Here’s What We Need to Do.

on July 5, 2016

Think Progress Energy StorageClean energy and energy storage go together like peanut butter and jelly. But the falling cost of renewable energy threatens to break up this indispensable pair.

According to a new paper in Nature Climate Change, energy storage stands at a critical juncture. For now, energy storage can make wind and solar more profitable, but that may not always be the case.

“If storage isn’t adopted now and renewables’ costs continue to fall, then the added profitability of storage would go away, because at that point it would make more sense to build more solar or wind than it would to install storage,” the study’s co-author, MIT professor of energy studies Jessika Trancik, said in an interview.

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Think ProgressFalling Renewable Energy Prices Threaten Energy Storage. Here’s What We Need to Do.

Falling Battery Prices Bring Opportunities and Pitfalls to EVs and Energy Storage

on July 4, 2016

The Motley Fool Energy StorageWe’re getting some interesting news lately about the pace of cost reductions in the lithium ion battery industry and it could bode well for new industries forming today. According to energy storage company Stem’s Chief Technology Officer, battery prices have fallen a whopping 70% in the last 18 months

Battery prices are key to unlocking energy storage in homes, at large buildings, and at utilities that could shave peak energy costs and allow more renewable energy to hit the grid. And for electric vehicles, falling battery costs could make it attractive for millions more people to buy an EV.

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The Motley FoolFalling Battery Prices Bring Opportunities and Pitfalls to EVs and Energy Storage

Thai start-up tries to outdo Elon Musk in green energy storage

on July 4, 2016

financial times energy storageEnergy Storage News – Piriyathep Kanchanadul flicks a switch to set a bank of light ablaze, fed by electrolyte that shoots round a tentacular array of tubes. He shuts the power off moments later — but the bulbs stay on.

Here, in the unlikely setting of a Bangkok high-rise located next to an industrial-scale massage parlour, scientists and their business backers are pressing to solve a riddle that has long held back the spread of renewable energy. Mr Piriyathep is managing director of Cellennium, a start-up hoping to roll out an affordable battery that can harvest solar, wind and wave energy and store it for later use.

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Financial TimesThai start-up tries to outdo Elon Musk in green energy storage

Morgan Stanley: Battery storage to grow four times quicker than market thinks

on July 2, 2016

Renew Econonmy AULeading investment bank Morgan Stanley believes the Australian energy market is seriously underestimating the grow of solar and battery storage, and says the technology will be installed at rates four times quicker than the incumbent energy industry expects.

In a new detailed report, Asia Insight: Solar and batteries, Morgan Stanley expects the market for battery storage to grow from about 2,000 Australian homes now to one million by 2020. But its “high case” suggests the take-up could be double that – up to 2 million homes by 2020.

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Renew Economy AUMorgan Stanley: Battery storage to grow four times quicker than market thinks

New Ruling Opens Up 400 GW Renewables Market

on July 1, 2016

RMI OutletEnergy Storage News – Delta-Montrose Electric Authority (DMEA) is not only responsible for keeping the lights on and the books in the black. As a member-owned rural electric cooperative in southwest Colorado, DMEA is also responsible for living up to the seven cooperative principles, including principle 7: concern for community

So when hundreds of Delta County residents were laid off in a series of coal-mine closures, DMEA staff and leadership were looking for ways to meet their fiduciary responsibilities while also staving off an economic downturn. One obvious source of economic development was local renewable power. Nestled at the base of the Rocky Mountains on Colorado’s Western slope, Delta and Montrose counties are blessed with abundant sunshine and swift streams, rivers, and irrigation canals.

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RMI OutletNew Ruling Opens Up 400 GW Renewables Market

Siemens says it can power unlimited-range electric trucks using a 150-year-old technology

on July 1, 2016

quartz energy storageEnergy Storage News – The world’s cargo fleet is moving from fossil fuels to electrons. But powering them won’t be simple. With today’s technology, driving a semi-truck 500 miles (804 kilometers) would require a 23-ton lithium-ion battery, half the weight of the truck itself. Fuel cells would need a massive, $2 million hydrogen fuel tank to go the distance. Embedding wireless charging coils in roadbed would be expensive and inefficient.

But an invention first deployed in 1870 to power trains and streetcars might be the perfect fit: catenary, overhead electrical wires commonly found around the world. The German engineering company Siemens, presenting at an electric vehicle conference in Montreal this month, argues it can power unlimited-distance electric trucks with intermittent overhead wires that provide enough energy for fast-moving, long-haul highway journeys.

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QuartzSiemens says it can power unlimited-range electric trucks using a 150-year-old technology

AEG Power Solutions Launches its Hybrid Energy Storage Solution, Cutting Down Costs of Energy Storage Systems

on July 1, 2016

Market Watch energy storageThe new platform is a unique system combining battery energy storage with Power-to-Heat technology – The solution targets the primary control reserve power reducing capital expenditure by 30 % and possibly more, depending on installation.

AEG Power Solutions, a global provider of power electronic systems and solutions for industrial power supplies and renewable energy applications, today announced it has developed a unique Hybrid Energy Storage System which combines standard battery storage with power-to-heat technology to reduce the total cost of energy storage operation.

The solution can be installed in any type of facility which uses thermal processes, including local heat networks in combination with an electrical distribution network.

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Market WatchAEG Power Solutions Launches its Hybrid Energy Storage Solution, Cutting Down Costs of Energy Storage Systems