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Batteries
Total demand for energy storage between this year and 2030 could be close to 1TWh worldwide, according to analysis from Wood Mackenzie Power & Renewables.  The consultancy has issued the latest edition of its ‘Global energy storage outlook’ report today, predicting that the energy storage market this year will see 12GW / 28GWh of deployments,...
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Research firm IHS Markit has said that 2021 marks the start of a continued period of rapid growth for the global energy storage industry, forecasting more than 12GW installations in total this year. source: energy storage news
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US utility giant NextEra Energy added 1.84GW of renewables and energy storage projects to its backlog in Q2 2021. NextEra said its energy storage development programme includes 1,322MW of large-scale battery storage ranging in size from 25MW to 230MW in various US states with signed long-term contracts and a commercial operation date (COD) in 2022. The majority...
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source: Wood MacKenzie P&R/ESA – US energy storage monitor 2020
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The world is in a chip-making crisis. But reasonably soon, the shortage will be over, and a very different, equally gargantuan opportunity will come into focus: We are going to need batteries — massive numbers of batteries. According to a forecast last week by BloombergNEF, a clean energy research firm, the world is going to require...
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Electric vehicles are approaching price parity with gas-powered cars. Leaders on the EV market are developing innovative battery designs to enable longer-range vehicles at lower costs. The total cost of ownership for a like-for-like EV dropped below that of a Toyota Camry in 2019! Soon sticker prices likely will do the same. Source: ARK Investment...
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Renewable Energy Systems in the UK secured the necessary permissions to develop a 100MW energy storage project.  The solution will go live in 2023. Source : Energy Storage News https://www.energy-storage.news/news/res-secures-planning-approval-for-100mw-uk-battery-storage-project
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As we say goodbye to nuclear power plants, three new gas generators and battery storage will provide sufficient capacity and stability respectively on the Belgian electricity network. Source : De Standaard https://www.standaard.be/cnt/dmf20210430_94880867
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Global sales of electric vehicles (EVs) and plug-in hybrids (PHEVs) exceeded 3 million for the first time in 2020, despite the economic headwinds imposed by COVID-19. This visualization presents a geographic breakdown of these sales, revealing that more than 80% were made in Europe or China. The EU was the largest market with a margin...
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Ireland has known a rapidly growing energy storage market with today more then 2.5 GW projects in the pipeline.  Transitioning to renewable energy puts Ireland 40% on target, yet it will need energy storage to ensure grid stability. Source : Energy Storage News https://www.energy-storage.news/blogs/video-irelands-energy-storage-market-needs-in-focus
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