Energy Storage

Researchers in Australia have compared the technical and financial performances of a hydrogen battery storage system and a lithium-ion battery when coupled with rooftop PV. They evaluated two commercially available systems – LAVO and Tesla Powerwall 2 – and found that the lithium-ion battery provides better financial profits, whereas the hydrogen battery offers more battery lifespan for long duration of energy storage.

The United Arab Emirates (UAE) tops in green hydrogen competitiveness with the world’s lowest levelized cost of hydrogen (LCoH) of $2.7/kg in 2023 and a projected $1.7/kg in 2030. It is followed by Saudi Arabia and India, which could produce green hydrogen at $2.9-$3.2/kg in 2023 and $1.8/kg in 2030.

While lithium ion battery prices are falling again, interest in sodium ion (Na-ion) energy storage has not waned. With a global ramp-up of cell manufacturing capacity under way, it remains unclear whether this promising technology can tip the scales on supply and demand. Marija Maisch reports.

GRIDCO has started accepting bids to set up 500 MW/2,500 MWh of energy storage systems connected to the grid. Bidding closes on April 23.

London Science Museum’s newest exhibit is focused on energy transition and renewable energy. The gallery showcases how the world can generate and use energy more sustainably, highlighting technologies and projects from the UK and abroad. Adani Green Energy is the gallery’s title sponsor.

The winning developers will set up renewable energy projects backed with energy storage system to supply firm and dispatchable renewable energy. The projects are to be developed on a build-own-operate basis.

Tata Power, in collaboration with Ayodhya Development Authority (ADA), has made Ayodhya electric vehicle (EV) ready by establishing EV charging points in and around the city.

Industry experts at the 4th Edition of the International Conference on Stationary Energy Storage India (SESI) 2024 emphasised the rapid deployment of battery energy storage system (BESS) and pumped hydro in India.

Solar Energy Corp. of India (SECI) has invited bids to set up 1.2 GW of solar PV projects linked to 600 MW/1,200 MWh of energy storage systems on a build-own-operate basis anywhere in India. Power procured by SECI from these projects has been provisioned to be sold to the different buying entities of India. Bidding closes on April 30.

Battery technology company Lithium Australia’s 100%-owned subsidiary Envirostream is seeking to scale up its battery recycling efforts, signing an updated agreement with South Korean manufacturer LG Energy Solution in a move that could deliver 770 tonnes of lithium-ion batteries for recycling.