Every dollar spent on energy transition would pay off up to seven times: Global economy would save up to $160 trillion by shifting to renewables, electric cars

Imagine a world where 85% of all electricity comes from renewable sources, there are over one billion electric vehicles on the road, and we are on track to preserve a livable climate for our children and future generations. We already know that every dollar spent on energy transition would pay off up to seven times: Global economy would save up to …

High-speed hurdle: Designing a fast-charging network for electric buses

High-speed hurdle: Designing a fast-charging network for electric buses: Bus manufacturer New Flyer has just the ticket: planning deployment and charging stations by route. By Iulia Gheorghiu in Utility Dive, April 22, 2019 As states focus on goals to lower their carbon emissions, cities and municipalities are increasingly expressing interest in clean transportation, including electric bus fleets. Utilities are also becoming more involved …

China currently owns 60 percent of global lithium-ion battery manufacturing capacity and is expected to grow by more than 2.5 times by 2026

Excerpt from GTM, May 2019 China currently owns a majority of global lithium-ion battery production, with more than 60 percent of global manufacturing capacity today, according to Wood Mackenzie. The key driver of China’s battery manufacturing ramp-up has been the generous subsidies offered by the Chinese government solely to domestic vendors. “This has enabled China to keep ownership and control …

Putting Communities First in Deploying Energy Storage

“We must be the values that we say we’re struggling for and we must be justice, be peace, be community.” – Jemez Principles 6 A wide range of stakeholders from across the country met in December 2018 to develop a set of principles to ensure equitable deployment of energy storage technologies. (Photo: Megan Rising/UCS) JEREMY RICHARDSON, UCSU UCS convened a select …

Reverse Auctions May Become the Key to Energy Storage Rollout, EDF says. US may need 10K GWh of energy storage – enough to run the entire grid for 10 hours at full capacity

April 25, 2019 By Ken Silverstein, Microgrid Knowledge, Energy Storage Reverse Auctions EDF says that two-thirds renewables electricity mix in the United States may require as much as 10,000 GWh of energy storage – enough to run the entire grid for 10 hours at full capacity. When Xcel Energy conducted a reverse auction in 2018 to help build out its energy storage …

Time of use rates can halve increase in electricity load from EVs. Storage makes the rest a benefit through V2G support

Looking into the future, the most exciting technologies are vehicle-to-grid (V2G), which allows EV batteries to discharge energy to the grid, and smart charging, which uses algorithms to optimize charging times. Implementing these technologies could turn EVs into a valuable asset for the grid — not only would smart charging minimize the negative effects of increased electrical consumption, but V2G …

Energy Storage 2019

The cost of battery storage is accelerating the demand for battery storage. And that is driving a sea change in the utility industry. Unthinkable just a few years ago, building new wind and solar farms coupled with battery storage is now less expensive than constructing new generating facilities powered by natural gas. They are also less expensive that continuing to operate nuclear …

2019: the year of orchestrating flexible resources, diverse sources, batteries and demand/non-wires alternatives

“2019 is going to be the year of orchestrating flexible resources, both on the residential and C&I side,” said Elta Kolo, research manager for the Grid Edge team at Wood Mackenzie Power & Renewables. “You’re going to see increasing diversity in the resource mix that’s being orchestrated.”  This development is part of a long-awaited shift from old-school, unidirectional demand response signals …

3 key traits of good climate policy, tackling the problems we have and making a large, meaningful impact on carbon emissions and climate change

Good climate policy has 3 key traits: It has a large, meaningful impact on carbon emissions and climate change. It specifically tackles the problems that aren’t already being tackled by the market. It actually gets passed into law. All of that is compatible with a Green New Deal.  In just the past decade, solar power has gone from being uneconomical anywhere on …

Just purchased by Shell: sonnen provides virtual power plant and grid balancing services equivalent to two peaker plants, from home energy storage systems

https://cleantechnica.com/2019/02/15/shell-acquires-sonnen/ excerpt: …The real secret sauce with sonnen is its ability to innovate beyond just the hardware. Building a smart energy storage appliance is neat and noteworthy, but sonnen has demonstrated its ability to innovate beyond the box and has shaken the foundations of the industry with its disruptive innovations in neighborhood energy storage and whole home energy storage that includes smart …