Energy Storage

Analysts at Bloomberg New Energy Finance say the lowest-cost projects financed in Australia, China, Chile and the UAE in the last six months hit a levelized cost of energy of just $23-29/MWh and the best solar and wind projects will produce electricity for less than $20/MWh by 2030.

Tesla finished the first quarter of 2020 with a positive GAAP net income, driven by the profitability of the Model Y. However, the story was not so bright for solar, storage or corporate governance.

A study from Finland’s Lappeenranta University of Technology states decarbonization of desalination could help achieve a levelized cost of water of €0.32-1.66 per cubic meter. Solar and storage are expected to play a decisive role.

Researchers at the Queensland University of Technology have proposed a new design for a diamond nanothread bundle that could pave the way for a new form of mechanical storage. Pound-for-pound, the tech could be three times more powerful than lithium-ion batteries.

Solar capacity is expected to grow to unthinkable levels in the tiny country, according to a new report by Netbeheer Nederland. Under one scenario in which regional governments and companies would take the lead in the energy transition, cumulative solar capacity could reach 125 GW. Under a second scenario, in which growth would be driven by the central government, total PV capacity could hit 106 GW.

Indian scientists have developed a low-cost electrocatalyst based on iron, manganese and N-doped carbon derived from fish gills (Fe/Mn/N-FGC) to increase the performance of a homemade rechargeable zinc-air battery. The Fe/Mn/N-FGC cathode-based battery achieved open-circuit voltage of 1.41 V and a large power density of 220 mW/cm2 at 260 mA/cm2 current density – compared to 1.40 V and 158 mW/cm2 for a commercial platinum/carbon-based battery – with almost stable charge-discharge voltage plateaus at high current density.

EuPD Research estimates around 65,000 energy storage systems linked to rooftop PV were installed last year thanks to increasingly popular solar arrays and electric vehicles as well as rising electricity prices.

The project was selected in a tender for storage deployment in non mainland grid interconnected areas that was finalized by France’s Energy Regulatory Commission in 2016.

A thinktank has studied whether increased solar energy would contribute significantly to reducing the carbon footprint of the French and European electricity systems in an attempt to respond to a common French refrain the nation needs no further decarbonization of energy because it has nuclear power.

Perhaps it is not surprising a report co-produced by Europe’s solar industry places PV at the heart of a zero-carbon, mid-century energy system on the continent. However, the study does flesh out two out of three scenarios in which becoming carbon-neutral by 2050, or even 2040, could be possible.