Energy Storage

A new paper published by researchers at China’s Tianjin University examines the state of the art in grid level energy storage, outlining the pros and cons of various battery technologies being deployed on grids around the world, and remaining challenges that could be overcome if research is pushed in the right direction.

The joint venture will set up a factory in India to manufacture Al-Air batteries for electric vehicles and stationary applications and facilitate development of eco-system for Al-Air technology.

The project will be awarded to the bidder who quotes the lowest viability gap funding requirement. The upper limit for VGF to be quoted by a bidder is kept at Rs 130 million for 1 MW solar PV project with battery storage of 3 MWh.

Batteries, and the raw materials that make them, are a frequent target of public criticism. The high water consumption required for lithium extraction is speeding up the desertification process around the salt lakes of Latin America’s so-called “lithium triangle”, for example. The mining debate highlights general problems with the extraction of raw materials, including copper, crude oil, and lithium, but international companies can still influence extraction methods – and there are plenty of different approaches.

Pumped hydro and battery projects, coupled with renewables, offer the world’s lowest peak clean electricity tariff. The tender, which received bids for for 1.62 GW of capacity against the 1.2 GW sought, saw Greenko secure 900 MW of pumped storage capacity and Renew Power 300 MW of battery storage.

February 1 is the last date to submit applications for setting up the electric vehicle (EV) charging stations in 70 plus cities across the country. The selected company shall also provide operation and maintenance support.

A 50% fall in the price of Lithium-ion battery packs—to $76/KWh from $156/KWh today—will make the capital cost of electric vehicles lower than combustion vehicles. However, to realise the full benefits of EVs, it is important to charge them with clean power and not fossil power.

BHEL’s scope of work includes complete engineering, procurement and construction (EPC) solutions from concept to commissioning of EV charging stations. EESL, on the other hand, will make the entire upfront investment on services, along with the operation and maintenance of the infrastructure.

A new report from Hydrogen Council predicts that the cost of renewable hydrogen production will fall drastically by up to 60% over the coming decade due to the declining costs of renewable electricity generation and the scaling up of electrolyzer manufacturing. Thanks to its optimal renewable resources, Australia will be among the countries most favorably placed to contribute to the development of the hydrogen economy.

A study from Finland’s Lappeenranta University of Technology has predicted solar and other renewables can provide a global energy jobs revolution – just as four European operations revealed recent struggles.