While recycling of lithium and other materials such as cobalt from batteries will greatly increase in the coming years, the potential availability of second life batteries should not be underestimated, according to new research and data.
By the middle of the 2020s, using hybrid ‘portfolios’ of batteries and renewable energy sources will economically outperform existing gas power plants, while the combination of technologies is already cost-competitive with building new gas plants, a new report from the US-based Rocky Mountain Institute has said.
Australian renewables investor Lyon Group has penned an agreement with China Huadian Corporation which will see the duo co-develop and invest in power-plus-battery energy storage systems across Australia, China and other Asian markets.
Australian technology firm Power Ledger is to launch an eight-month pilot project of its peer-to-peer energy trading technology after penning an agreement with Malaysia’s Sustainable Energy Development Authority (SEDA).
Energy Storage Special Report 2019, from the editorial teams behind Energy-Storage.news and PV Tech, brings you no less than seven feature articles and technical papers looking at everything from the policy and regulatory initiatives that still need to happen, to bankability and profitability of ESS, system technologies and architecture, all the way to recycling and end-of-life care for batteries.
A new white paper from Wärtsilä Energy shows that being able to integrate and then optimise all of these different assets is the key to ensuring that your project – and your investment – is going to provide the maximum benefit, longest possible lifetime in the field – and the best business case. Risto Paldanius, Director of Business Development, Energy Storage and Integration at Wärtsilä told us a bit more about what optimization really means in today’s energy market.
BBOXX has successfully closed a US$50 million Series D funding round that will see the next generation utility company accelerate its global expansion efforts.
