Grid energy storage

Worldwide Battery Industry to 2026 - Featuring Clarios, Sony and Toshiba Among Others - ResearchAndMarkets.com

Retrieved on: 
Monday, September 6, 2021

Batteries are used to supply primary power or act as the back-up power supply in transport, industrial, or commercial applications.

Key Points: 
  • Batteries are used to supply primary power or act as the back-up power supply in transport, industrial, or commercial applications.
  • The rising number of electrical circuits and devices in the transportation industry is one of the major factors driving this growth.
  • The overall battery market is expected to grow at a CAGR of over 8% during the forecasted period of 2021-26.
  • Falling battery prices and improving technology are expected to bring price-competitive electric vehicles to the market, creating a demand for battery technologies.

Worldwide Battery Industry to 2026 - by Battery Type, Battery Technology, Application and Region - ResearchAndMarkets.com

Retrieved on: 
Monday, September 6, 2021

The lithium-ion battery segment is expected to cross a market of USD 60 Billion by the end of the forecasted period, recording the highest CAGR.

Key Points: 
  • The lithium-ion battery segment is expected to cross a market of USD 60 Billion by the end of the forecasted period, recording the highest CAGR.
  • Falling battery prices and improving technology are expected to bring price-competitive electric vehicles to the market, creating a demand for battery technologies.
  • What are the inhibiting factors and impact of COVID-19 shaping the Global Battery Market during the forecast period?
  • What are the technology trends and regulatory frameworks in the Global Battery Market?

Largo Resources Receives Notice to Proceed on Its Battery Sales Contract with Enel Green Power España

Retrieved on: 
Friday, July 30, 2021

Largo Resources Ltd. ("Largo" or the "Company") (TSX: LGO) (NASDAQ: LGO) is pleased to announce that it has received a notice to proceed (NTP) on its previously announced sales contract with Enel Green Power Espaa for the delivery of a 5 hour 6.1 MWh VCHARGE system located in Spain.

Key Points: 
  • Largo Resources Ltd. ("Largo" or the "Company") (TSX: LGO) (NASDAQ: LGO) is pleased to announce that it has received a notice to proceed (NTP) on its previously announced sales contract with Enel Green Power Espaa for the delivery of a 5 hour 6.1 MWh VCHARGE system located in Spain.
  • Paulo Misk, President and CEO for Largo, stated: We are thrilled to be working with a reputable partner such as Enel Green Power Espaa and to starting the activities required to deliver on the contract.
  • Largo Resources is an industry preferred, vertically integrated vanadium company.
  • Largo is also focused on the advancement of renewable energy storage solutions through its vertically integrated VCHARGE vanadium redox flow battery technology.

Briggs & Stratton Launches New Vanguard® 10kWh Commercial Lithium-Ion Battery Pack

Retrieved on: 
Tuesday, July 27, 2021

MILWAUKEE, July 27, 2021 /PRNewswire/ -- Briggs & Stratton is excited to announce the new Vanguard 10kWh Commercial Lithium-Ion Battery Pack is now available for purchase.

Key Points: 
  • MILWAUKEE, July 27, 2021 /PRNewswire/ -- Briggs & Stratton is excited to announce the new Vanguard 10kWh Commercial Lithium-Ion Battery Pack is now available for purchase.
  • This is the largest battery pack in the Vanguard lithium-ion lineup , allowing for up to 100 kWh of energy when paralleled with 10 other packs.
  • "The addition of this larger battery pack expands our lineup to ensure that all power needs can be met," said Chris Davison, senior marketing manager, commercial power.
  • "The 10kWh Commercial Lithium-Ion Battery Pack features all the same benefits as the other roll cage battery packs, just with greater power potential."

Form Energy Unveils Chemistry of Multi-day Storage Battery Technology

Retrieved on: 
Thursday, July 22, 2021

Mateo Jaramillo, CEO and Co-founder of Form Energy, said, "We conducted a broad review of available technologies and have reinvented the iron-air battery to optimize it for multi-day energy storage for the electric grid.

Key Points: 
  • Mateo Jaramillo, CEO and Co-founder of Form Energy, said, "We conducted a broad review of available technologies and have reinvented the iron-air battery to optimize it for multi-day energy storage for the electric grid.
  • Form Energy intends to source the iron domestically and manufacture the battery systems near where they will be sited.
  • Greg Ludkovsky, Global Head of Research and Development at ArcelorMittal, said, "Form Energy is at the leading edge of developments in the long-duration, grid-scale battery storage space.
  • The multi-day energy storage technology they have developed holds exciting potential to overcome the issue of intermittent supply of renewable energy.

Calpine and GE Renewable Energy Complete Santa Ana Storage Project in Southern California

Retrieved on: 
Wednesday, July 21, 2021

Calpine and GE Renewable Energy announced today the completion of the Santa Ana Storage Project (SASP) in Southern California.

Key Points: 
  • Calpine and GE Renewable Energy announced today the completion of the Santa Ana Storage Project (SASP) in Southern California.
  • The project contains a 20MW/80MWh (4hr) standalone battery energy storage system using GEs Reservoir energy storage technology.
  • This grid-connected battery energy storage system represents a major step forward in Calpines plans to grow the companys energy storage footprint.
  • The energy storage system provides targeted local capacity to enhance grid reliability during peak periods, added Mike Bowman, Renewable Hybrids Chief Technology Officer for GE Renewable Energy.

Repurposing Fossil Fuel Assets: New Options Available Says IDTechEx

Retrieved on: 
Wednesday, July 21, 2021

A redundant power station may continue to use its transmission system, avoiding a writeoff, but Raghu Das, CEO of analysts IDTechEx, recommends a more value-added approach.

Key Points: 
  • A redundant power station may continue to use its transmission system, avoiding a writeoff, but Raghu Das, CEO of analysts IDTechEx, recommends a more value-added approach.
  • Indeed, many other options are arriving that use more of the skills and assets of oil, gas, and coal majors and repositioning utilities.
  • Mitsubishi Power has even rebranded to reflect its new concentration on emerging solutions including solar power and redox flow battery grid storage, shedding its fossil fuel past.
  • IDTechEx guides your strategic business decisions through its Research, Subscription and Consultancy products, helping you profit from emerging technologies.

Repurposing Fossil Fuel Assets: New Options Available Says IDTechEx

Retrieved on: 
Wednesday, July 21, 2021

A redundant power station may continue to use its transmission system, avoiding a writeoff, but Raghu Das, CEO of analysts IDTechEx, recommends a more value-added approach.

Key Points: 
  • A redundant power station may continue to use its transmission system, avoiding a writeoff, but Raghu Das, CEO of analysts IDTechEx, recommends a more value-added approach.
  • Indeed, many other options are arriving that use more of the skills and assets of oil, gas, and coal majors and repositioning utilities.
  • Mitsubishi Power has even rebranded to reflect its new concentration on emerging solutions including solar power and redox flow battery grid storage, shedding its fossil fuel past.
  • IDTechEx guides your strategic business decisions through its Research, Subscription and Consultancy products, helping you profit from emerging technologies.

Daybreak Power – FERC Issues Permit for Massive Storage Project on Columbia River

Retrieved on: 
Monday, July 19, 2021

Daybreak Power Inc ., a developer of gigawatt-scale energy storage projects, announced today that the Federal Energy Regulatory Commission has issued a preliminary permit for its proposed 2,650 megawatt Halverson Canyon Pumped Storage project near Creston, Wash., about 35 miles upstream from Grand Coulee Dam on the Columbia River.

Key Points: 
  • Daybreak Power Inc ., a developer of gigawatt-scale energy storage projects, announced today that the Federal Energy Regulatory Commission has issued a preliminary permit for its proposed 2,650 megawatt Halverson Canyon Pumped Storage project near Creston, Wash., about 35 miles upstream from Grand Coulee Dam on the Columbia River.
  • The Halverson Canyon project would not dam any rivers, inundate sacred places or deplete water resources.
  • In June, the Bureau of Reclamation selected the Halverson Canyon project through a competitive process to receive a preliminary Lease of Power Privilege.
  • Daybreak Power is a developer of large-scale energy storage projects, with nearly 50,000 megawatt-hours of pumped storage hydropower capacity in its pipeline.

New York PSC Approves 174 Power Global’s East River Energy Storage Project

Retrieved on: 
Thursday, July 15, 2021

The East River Energy Storage Project was selected, and subsequently contracted, by Con Edison for an energy supply agreement after the PSC directed the utility to procure and deploy 300 MW of qualified energy storage systems in New York City by 2023.

Key Points: 
  • The East River Energy Storage Project was selected, and subsequently contracted, by Con Edison for an energy supply agreement after the PSC directed the utility to procure and deploy 300 MW of qualified energy storage systems in New York City by 2023.
  • 174 Power Global plans to re-purpose and construct the East River Energy Storage Project on leased property owned by the New York Power Authority on the site once occupied by the former Charles Poletti power plant.
  • Earlier this year, the East River Energy Storage Project was issued a negative declaration under the New York State Environmental Quality Review Act and is slated to begin operations in 2023.
  • It is the largest battery energy storage project in late stages of development in New York State under contract with a utility.