Energy Storage

Plus, there was plenty of hope in predictions made by Norwegian institute DNV GL but U.S. households are facing hefty energy bills just as data from Delhi showed the link between industrial shutdowns and cleaner skies.

The Australian Renewable Energy Agency is putting US$1.66 million into a vehicle-to-grid trial to demonstrate how electric vehicles can provide grid ancillary services. The REVS research and industry consortium hopes to show how EVs can generate revenue for fleet owners.

Scientists led by MIT have suggested chitin, a carbon and nitrogen-rich material made from waste shrimp shells, could produce sustainable electrodes for vanadium redox flow batteries and other energy storage technologies.

The expected return would leave the nation woefully short of its ambitious 175 GW clean energy target, which was laid down with a 2022 deadline. Chief executives who criticized aggressive clean power auctions said they would like to see more fossil fuel facilities thrown into the mix.

Funded by the bloc’s Emissions Trading System, the warchest will look to spend more than €10 billion on bringing clean energy innovations to market over the next decade. The scheme will work with other green recovery programs to secure jobs and lay a foundation on which to restart the European economy.

The Japanese brand has closed the initial $6.85 billion purchase price for 80% of the Power Grids business that was owned by ABB. The buyer will have the option of purchasing the outstanding shares in 2023.

Responsibility in battery supply chains has become a growing focal point over the last few years and will remain a key theme as demand for mobile phones, electric vehicles, and alternative forms of energy continue to increase. Alexander Preston from SAFE sets out how the application of blockchain technology can deliver visibility, build trust, and facilitate the battery sector’s digital transformation.

BloombergNEF and Sustainable Energy for All have jointly published a report by the Mini-Grid Partnership proposing solar minigrids as a critical technology to bring electricity to the 789 million people who still lack access.

In an update to a report it published earlier this year, Norway-headquartered consultancy DNV GL outlined the role it sees for both seasonal heat storage and pumped hydro to help manage the 1.4 TW of variable renewable energy capacity it forecasts to be connected to European electricity grids by 2050. DNV GL maintains the original report’s conclusion that where seasonal storage is concerned, hydrogen will be the first option.

A study into the clean energy tech innovation rate required to keep global heating under control may suggest concepts such as lithium-air could yet keep us to the mid-century ambition, but it is also starting to contemplate the temperature rise to be expected if we only achieve net-zero by 2070.