Batteries
🔋 The U.S. has installed batteries equivalent to 20 nuclear power plants in four years
The US has installed batteries with a capacity of over 20 gigawatts to the power grid, of which 5 gigawatts were added during the first seven months of this year. The batteries have already proven effective in preventing power outages in states like California during intense heat waves.
🔋 New battery technologies expand possibilities for renewable energy
Several new types of batteries are in development. Zinc-bromine flow batteries offer a safe and sustainable solution for energy storage. Organic flow batteries with solid materials increase storage capacity compared to conventional flow batteries.
🔋 Solar energy and battery storage set to double in the US this year
The US is expected to install twice as much solar energy and battery storage as last year. Growth for solar energy and battery storage is accelerating despite increased adoption. A total of 38 GW new solar energy capacity and 14.7 GW battery storage capacity is expected to be added during 2024.
🔋 Solar power and batteries help Texas handle record-high energy consumption during heat waves
Texas power grid has broken new records for electricity consumption during the summer of 2024. Solar power has met record-high demand during the day, and batteries have covered the need in the evening.
🔋 Come on, Northvolt is not a pipe dream, and batteries are not a green bubble
Is Northvolt a pipe dream? asked the reporter. That was when I realized this wasn't a serious investigation, but a witch hunt. Let’s scrutinize this absurd claim.
🔋 Battery prices continue to drop, lowering the cost of electric vehicles
The price of lithium-ion batteries in China has decreased by 51 percent in the past year. Lower battery prices make electric vehicles cheaper than fossil fuel cars in many segments, and large-scale battery solutions in energy systems become more profitable.
🔋 New fast-charging electric vehicle battery with a lifetime of 400,000 miles
StoreDot has introduced a new electric vehicle battery that can be charged up to 80 percent in just 5-10 minutes. The battery boasts a lifetime of 65,000 miles thanks to the ability to undergo 2,000 ultra-fast charging cycles.
🔋 Battery storage in Europe expands significantly
The demand for energy storage has reached new heights in Europe with over 10 GW of new installations last year. The capacity is predicted to increase sixfold by 2030, with a total capacity of over 120 GW.
🔋 Battery price wars: Prices reach record lows
The world's largest battery manufacturers are reducing the costs of batteries for electric vehicles. In one year, the cost has more than halved. The progress is years ahead of what forecasters have believed. It is likely that prices will continue to fall.