new Now, more than a decade later, energy efficiency and renewable energy have matured. For this reason, the BIL focuses more on accelerating the development of new technologies, such as clean hydrogen and carbon capture and storage (CCS), as well as continuing to modernize the grid to support electrification, renewable integration, and climate adaptation. — McKinsey & Company, 9h ago

new The challenge is not just replacing coal and gas with solar and wind – it’s about building a new, smart, and integrated energy system. And while solar and wind will play a significant role, the future green energy system will be based on a multitude of sources. Solar and wind will be complemented by energy sources such as hydroelectric generation, biogas, and sustainable biomass, as well as geothermal heat or even wave or tidal energy, to form a diversified mix of renewable energy. All these energy sources can be combined with pumped and battery storage, while hydrogen and Power-to-X solutions, which will make up an increasingly large share of power consumption, can run when energy is abundant and turn off when it's scarce. — orsted.com, 9h ago

new The energy solution at this site was funded by Interreg NW Europe ‘CleanMobilEnergy (CME),’ with a contribution from Innovate UK, but other organisations can explore Connected Energy’s ‘Battery Storage as a Service’ route, developed to manage costs for solutions like Nottingham’s. With this funding approach, often described as a ‘subscription service,’ all capital and operating costs are wrapped into one simple monthly payment, and users of the service are able to receive grid payments directly. This makes managing costs much simpler and removes the need to use upfront capital. — electronicspecifier.com, 1d ago

new However, a Danish company, Hyme Energy, has turned to a different salt, sodium hydroxide. They can heat this material to 1,292 °F, some 930-odd degrees hotter than other molten salt storage formulations. The higher temperatures, and lower cost of the salt, bring Hyme’s solution to a higher efficiency. Their solution can absorb large amounts of energy, store it, and dispatch it for up to 24 hours (compared to lithium-ion storage systems which charge up fast but discharge within eight hours). — asme.org, 1d ago

new According to BloombergNEF estimates, the federal Inflation Reduction Act is expected to drive an additional 6.6 GW / 26.4 GWh of new energy storage capacity in the California Independent System Operator (CAISO) market through 2030, even though Texas is forecast to add a higher amount of storage systems, at 8.9 GW / 35.6 GWh of additional capacity. — pv magazine USA, 1d ago

new Solar PV will “undoubtedly” play a prominent role in addressing Japan’s energy security, energy supply and decarbonisation concerns, Wilkinson wrote. However, the scale-up of renewables faces several major challenges, and opening up the market to battery storage will be an important step to achieving those aims, Wilkinson wrote, along with other regulatory changes like a new ‘Feed-in Premium’ successor to the Feed-in Tariff, paying higher prices for energy inputted from renewables to the grid network during peak times. — Energy Storage News, 1d ago

new ...“I think one of the fascinating things about these findings is that by being strategic you can avoid a lot of physical infrastructure that you would otherwise need,” she says. “Your EVs can displace some of the need for stationary energy storage, and you can also avoid the need to expand the capacity of power plants, by thinking about the location of chargers as a tool for managing demands — where they occur and when they occur.”... — pv magazine USA, 1d ago

new ...progress along this path. We're committed to accelerating the continued growth of renewable energy, unleashing the full potential of electric vehicles and battery storage, and reducing emissions across the energy economy," said... — prnewswire.com, 1d ago

new I think one of the fascinating things about these findings is that by being strategic you can avoid a lot of physical infrastructure that you would otherwise need. Your electric vehicles can displace some of the need for stationary energy storage, and you can also avoid the need to expand the capacity of power plants, by thinking about the location of chargers as a tool for managing demands—where they occur and when they occur. — Green Car Congress, 1d ago

new In addition to closing out our 5 goals for 2022 in the quarter, we made other steps already in the NuScale power module for deployment. As you’ll see on Slide 7, we announced an agreement with Framatome, an international leader in nuclear energy to design fuel handling equipment and fuel storage racks for our VOYGR SMR power plants. These are 2 important design components for the continued development of our plants. This agreement also speaks to one of the many benefits of the NuScale design. Our technology uses existing and readily available fuel suppliers and supply chain infrastructure. We believe that many of our competitors who are not using light water reactor fuel in technology will have a longer and more challenging path ahead of them. — Insider Monkey, 2d ago

new One of the themes of COP26 has been how to improve access to finance for solutions to assist in the energy transition and combat climate change. The provision of ‘Energy-as-a-Service’ where a customer pays for heat and power through a subscription model, represents a very attractive way to improve access to sustainable power. Rolls-Royce will work with SDCL and other partners to design, finance, build, commission and operate new projects. SDCL has more than a decade of experience of developing and financing clean and decentralised energy infrastructure projects in the UK, continental Europe, North America and Asia. Rolls-Royce, through its Power Systems business unit, has a portfolio of microgrid systems that bring together renewable energy sources such as solar and windpower with mtu-branded battery storage and gensets (an engine and electrical generator) to ensure reliable power generation. It is currently developing fuel cell systems and making its existing mtu engines compatible with sustainable fuels, paving the way for net zero microgrid solutions within the next two years. — Datacentre Solutions, 2d ago