24M, currently thought to be one of the leaders in developing an advanced form of lithium-ion batteries which promise increased energy density, has struck a deal with Kyocera for initial production of cells for stationary storage applications.
Customers procuring energy storage systems are emphasising their demand for energy, as well as power, as the market shifts to longer durations, a representative of Saft has said.
Having bested coal generation and gas peaker plants, solar-plus-storage is now competing with gas in other parts of the generation mix.
24M, spun out of an MIT laboratory, claims its latest semi-solid battery ‘breakthrough’, Dual Electrolyte technology, heralds a new era to come for advanced lithium batteries. Andy Colthorpe spoke to some of the company’s leadership team to find out more.
In today’s third and final instalment of our series to welcome in 2019, we look at what our respondents are expecting to see this year, what they would like to see happen and some of the ways they will be trying to fulfil those expectations.
Denmark’s largest energy company Orsted - formerly known as DONG Energy – has announced the completion of its first large-scale grid-connected energy storage project, a 20MW standalone battery system in Liverpool, England.
Utility Enel has been offering the reward of collaboration and testing agreements to “new technologies, architectures and control strategies” that maximise the value and effectiveness of energy storage.
Mis-selling, insurance risk and the failure of associated costs to fall alongside sell prices could hold back greater battery storage deployment in Britain, a panel discussion has revealed.
Nidec ASI has been selected to construct and maintain four PV plants with co-located energy storage systems on the French island territory of Corsica.
The cost of energy storage technologies is set to reduce significantly over the next five years driven by economies of scale and improvements in both technology and standardisation, according to a new report from financial advisory and asset management firm Lazard.
The anticipated growth in stationary energy storage will be dependent on a significant decrease in costs. Florian Mayr and Hannes Beushausen explain how the relative costs of different storage technologies in different applications can be compared and understood as an intial step towards increasing competitiveness.
Misconceptions over the true value of energy storage are developing because of a “narrow focus” on the initial costs of the technology, a report has concluded.
The falling cost of energy storage technology will break up the concentrated nature of the global market, according to a new report by IHS Technology.
Energy storage is already competitive in a number of mainly grid-based applications, while lithium-ion battery prices could fall by as much as 50% in the next five years, financial advisory and asset management firm Lazard has found.
Lilia Xie of Lux Research spoke with the founders of 24M, which claims to have reduced lithium cell costs by 50% over existing technologies and is targeting US$100 per kWh by 2020.
To hit the best possible cost reduction outcomes, lithium-ion battery producers will have to scale-up to go beyond 1GWh of production capacity, but will hit a ceiling when they reach 10GWh, a new report claims.
Will the Indian battery market scenario witness a major change? As the power supply in the country continues to be unreliable, the role of batteries has to change from being an emergency back-up solution to a long time power/energy storage solution.
Putting value on energy storage in the UK capacity markets could help pay for deploying the technology more widely, according to the country’s secretary of state for energy and climate change.
Japanese consumer electronics giant Panasonic has partnered with Tesla Motors to construct batteries in the United States at the electric vehicle company’s new battery manufacturing plant, the Gigafactory.