Energy Storage

Researchers in Italy extensively analyzed four different configurations of their proposed system to assess its potential, including under non-optimal, ‘off-design’ conditions and concluded that, for now, subsidies would still be required for the commercial production of synthetic natural gas.

A slump in demand would weigh more heavily on the storage industry than a temporary production shutdown and IHS Markit analysts say that is where the risk lies, rather than with a temporary shortage of battery cells. A similar prediction has been made for the PV market.

The airline industry has been among the hardest hit by the Covid-19 pandemic; carriers are in ‘freefall’ as Glen Peters, research director at the Center for International Climate and Environment Research in Oslo recently wrote, with governments mulling stimulus packages for airline bailouts. How we react to the coronavirus outbreak is crucial for society as a whole and the solar and energy storage industries can lead the charge in rewriting the status quo.

The International Renewable Energy Agency has devised a valuation framework to lay the foundations for successful storage deployment. As the technology matures and moves toward a projected fall in price, revenue stacking will be crucial to assess viability and properly value its benefits.

Byron Bay-based solar retailer Smart Energy says it is seeing an unprecedented surge in sales and enquiries for solar and home energy storage as consumers look to shore themselves up in uncertain times.

A paper by scientists at the University of California San Diego has outlined a technology roadmap for the development of solid-state batteries – and four challenges to address for the technology to advance.

U.S.-owned analyst Wood Mackenzie expects solar demand to decline but predicts the market will recover, with the prospects for the energy transition remaining intact.

English partners appear to be in demand with a London-based vanadium flow supplier tying up with a U.S. partner just as an automotive design company in Coventry announces plans for electric and hydrogen vehicle production in the West Midlands.

Market intelligence firm BloombergNEF has published a report with power company Statkraft and clean energy distributor Eaton highlighting the importance of sector coupling for Europe’s decarbonization plans. Analysts examined the power markets of Germany and the U.K. and concluded effective sector coupling including the use of green hydrogen could lead to greenhouse gas emission reductions of 83% by 2050.

The scramble for new battery solutions is accelerating as researchers from Singapore tout an electrolyte which which they say produces highly stable lithium-sulfur batteries that maintain performance metrics – a task which has proven tricky thus far.