Thus far, the relationship between incumbent utilities and the rise of distributed energy storage has been a difficult one. Cosmin Laslau of Lux Research gives his quick take on one US utility’s plan to stay in the game, offering Tesla Powerwalls to customers in three different ownership models.
E.ON, the German utility giant with 61GW of generation assets, has announced plans to split its business in two. The company will stake its future on renewables in a major restructuring, spinning off its conventional power generation business, in part as a response to the growth in distributed generation. Cosmin Laslau of Lux Research digs deeper.
A team at Harvard is pursuing a metal-free battery chemistry based on organic molecules called Quinones. The technology potentially offers an abundant and safe material to use for scaling up flow batteries, but according to the energy storage team at Lux Research in Boston, there are significant limitations based on project cost.