While there are still many uncertainties as to the way in which hydrogen trade might evolve and change economic ties and political dynamics between countries, experts agree that green hydrogen can bring winds of change to the global energy arena. According to the International Renewable Energy Agency, significant geoeconomic and geopolitical shifts are just around the corner.
The uptake of EVs in the years ahead will add up to staggering battery capacity, mostly sitting idle on driveways. The two-way flow of electricity from EV batteries, known as vehicle to grid, could not only enable power systems to rely on intermittent renewables, but could also be the trump card for network operators to respond to grid disturbances. However, there are still a few catches to be worked out, as Marija Maisch explains.
The companies will collaborate on what is believed to be a first-of-its-kind attempt to incorporate QuantumScape’s solid-state lithium-metal battery technology into stationary energy storage products.
Local planning committees have given a go-ahead to a £2.5 billion gigafactory in the English West Midlands. The facility will be powered by 100% onsite solar and storage and equipped to both manufacture new batteries and recycle used ones.
A worsening price shock, felt to different degrees across Europe, has now seen renewable power purchase agreement tariffs climb for three consecutive quarters. Despite that, however, developers and energy buyers are still signing contracts, with non-standard agreements on the rise, according to renewable transaction infrastructure provider LevelTen Energy.
A new underwater battery storage technology is coming from Netherlands-based Ocean Grazer to address the issue of offshore long-duration storage. The company’s Ocean Battery is touted as innovative yet simple, based on existing technology, and capable of enhancing marine life along the way.
Sunman Energy claims the new factory, located in Yangzhong City in China’s Jiangsu province, is the world’s largest production facility for lightweight photovoltaics.
US scientists have assessed the viability and potential supply chain impact of extracting lithium from geothermal brines, and they have reported promising results.
LG Chem’s energy storage and battery division’s $10.7 billion initial public offering received a staggering response from institutional investors, Reuters has reported.
Researchers from Tokyo Tech, AIST, and Yamagata University have demonstrated drastic reduction of resistance at the interface between the positive electrode and solid electrolyte of an all-solid-state lithium battery is achievable by annealing the entire battery cell.
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