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.
First utility deployment of new liquid metal battery system
Ambri advances collaboration with Xcel Energy for a long-duration energy storage project.
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.
Former coal plant to house 100-hour iron-air battery
Minnesota’s public utilities commission approves Form Energy’s 10 MW/1 GWh iron-air long-duration energy storage facility construction project for Xcel Energy.
Sunrise brief: The missing ingredient in U.S. solar policy
Also on the rise: The energy transition is off-track, says IRENA. Solar group petitions to suspend Dominion Energy interconnection rules. And more.
DOE recognizes long duration energy storage as a critical technology
The U.S. grid could require 225 GW to 460 GW of LDES capacity resources for a net-zero economy by 2050, representing $330 billion in capital requirements.
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.
Sunrise brief: Exponential growth for long-duration energy storage investment
Also on the rise: Solar power crosses the political aisle–$75 million for agrivoltaics research. Orsted to recycle all the solar modules in its U.S. portfolio. And more.
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.
U.S. Government eyes $9 billion liftoff for long duration energy storage by 2030
The U.S. DOE has published a report outlining the requirements for LDES to achieve technical and financial self-sustainability by the end of decade. An estimated $6 billion to $9 billion dollars in capital investment would be necessary, potentially leading to 6 GW to 10 GW of project deployments.
