Multi-day energy storage increases grid capacity by factor of ten
Form Energy released a white paper that provides further evidence that multi-day energy storage, like its iron-air technology, can substantially reduce the costs for New York to achieve its ambitious decarbonization targets.
Six terawatt hours of grid-scale energy storage by 2050
To reach the 6 TWh of energy storage needed to clean the grid by 2050, we need to grow grid-scale energy storage by 98.4 times. Panelists in a recent Reuters webinar said that the path requires facing critical challenges as well as continued technology innovation, public-private partnerships, regulatory reforms, and more.
Sunrise brief: Former coal plant to house 100-hour iron-air battery
Also on the rise: Michigan utility settlement revises resource plan to add 3.8 GW of renewables. Secretary Yellen’s China mission underscores economic diplomacy, domestic climate policy nexus . And more.
Sunrise brief: It’s unanimous–U.S. renewable market most attractive to investors
Also on the rise: By 2035 IRA will drive $200 billion in solar wages. Three ways states can fix interconnection of distributed solar and storage. And more.
Form Energy to deploy 100-hour iron-air battery system in Georgia
Georgia Power has more than 850 MW of active energy storage projects under development or in operation across its service territory.
Exponential growth for long duration energy storage investment
A study by the Cleantech Group highlights the rise to $1.8 billion in investment in the technology. The U.S. Department of Energy envisions this growing to as much as $9 billion by 2030.
Energy storage funding up 55%, 28 companies acquired in 2022
Mercom Capital’s annual M&A report shows that energy storage, along with smart grid and energy efficiency, is getting significantly increased investment attention.
Retired coal sites to host multi-day iron-air batteries
Two renewable energy storing 10 MW / 1,000 MWh batteries will be installed by Form Energy on former Xcel Energy coal fired plants.
Sunrise brief: Is it possible to see 400 GW of solar in 2023?
Also on the rise: Form Energy to set up iron-air battery manufacturing facility in West Virginia. Utility-scale solar developers went bigger and bolder in 2022. And more.
Form Energy to set up iron-air battery manufacturing facility in West Virginia
Form Energy’s aqueous air battery system uses low-cost iron, water and air–some of the safest, cheapest, and most abundant materials.
