Scalable thermochemical energy storage for renewable energy
US-based RedoxBlox has developed thermochemical energy storage (TCES) technology looking to replace natural gas heating for industrial sites and provide the lowest-cost, grid-scale storage.
Storing renewables in depleted oil and gas wells
US researchers have proposed the use of hydraulically fractured oil and gas wells to store renewable energy via compressed natural gas, with the levelized cost of storage potentially coming in at $70/MWh and $270/MWh. They said wells could also be used to store other renewable gases such as carbon dioxide or hydrogen in the future.
Asian battery manufacturers eye European riches on offer
A report produced by an AI and automation market research company says an anticipated boom in the European storage market – driven by a desire to reduce carbon emissions – will attract producers as demand outside China tails away.
