Evaluating the profitability of vanadium flow batteries
Researchers in Italy have estimated the profitability of future vanadium redox flow batteries based on real device and market parameters and found that market evolutions are heading to much more competitive systems, with capital costs down to €260/kWh at a storage duration of 10 hours.
Sunrise brief: Slowing residential solar growth continues into 2024
Also on the rise: IRENA says world needs 1.1 TW of renewables per year, what’s in store for energy storage, and more.
Sunrise brief: Can anything topple lithium-ion?
Also on the rise: Tesla’s power play, New York announces clean hydrogen funds, solar wafer market oversupply, and more.
Sunrise brief: Solar can help with marijuana’s green problem
Also on the rise: Maryland community solar install to take just nine weeks. Debunking solar myth about land use. And more.
Car batteries can optimize the power grid
Australian researchers have found that if 10% of vehicles are electric and utilize V2G connections, they could reduce peak electricity demand at local substations by 6% and save car owners hundreds of dollars per year on charging costs.
A look at the great transformer shortage affecting U.S. utilities
An NREL team finds that lead times for transformers has grown fourfold in three years, with orders sometimes taking two years. Additionally price increases of four to nine times have been reported in the past 3 years.
Solar now accounts for over 50% of new electricity capacity added to the U.S. grid
Looking back at the first full year since passage of the Inflation Reduction Act, the U.S. Solar Market Insight, Year-in-Review 2023 shows that the legislation has skyrocketed the industry and will have a lasting economic impact in terms of energy, jobs and investment opportunity.
Solar generated 5.5% of U.S. electricity in 2023, a 17.5% increase
Solar generation grew by 17.5% compared to 2022, albeit at a lower rate, adding just over 33 TWh of generation compared to the 40 TWh added in 2022.
Calculating potential impact of EPA’s $7 billion Solar for All program
Solar for All can jumpstart the solar market and expand the benefits of solar far beyond the initial five years of the program. Clean Energy States Alliance notes that after the award decisions are announced, additional states will be evaluating strategies and more households will benefit from this funding over time.
MIT research provides roadmap to perovskite passivation
In previous work, research teams developed methods for passivation, but there wasn’t clear understanding of how the process works. The new MIT study provides details on how to passivate the material’s surface so that the perovskite no longer degrades so rapidly or loses efficiency.
