batteries

There are serious risks associated with lithium-ion battery energy storage systems. Thermal runaway can release toxic and explosive gases, and the problem can spread from one malfunctioning cell to neighboring cells, resulting in catastrophe.

Russia’s state-owned nuclear power company Rosatom continues to diversify, as one of the group’s subsidiaries has acquired a major stake in a South Korean manufacturer of energy storage products. RENERA LLC, which is Rosatom’s integrator company for the energy storage business, and also a subsidiary of TVEL Fuel Company of Rosatom, on March 5 announced […]

Advancements in batteries, along with an improved regulatory environment and more investment, could make this decade the Roaring ’20s for energy storage. Many areas have been considered a focus for the

CHICAGO (February 18, 2021) – Volta Energy Technologies today announced an initial closing on its venture fund focused on batteries, energy storage, and related hardware and software required to enable the use of lower-cost electric vehicles and renewable power generation. The battery and energy storage markets are projected to grow by nearly 25% by 2025. Volta has caught […]

Lithium-ion batteries are the most popular battery storage option today, controlling more than 90% of the global grid battery storage market, according to some estimates. However, the lithium-ion supply chain

A new report from a global research, data, and analytics firm says the total market for energy storage will reach $546 billion in annual revenue over the next 15 years, led by the continued electrification of the transportation sector. Lux Research, a Boston, Massachusetts-headquartered group, in its “Global Energy Storage Market 2019” report, estimates the […]

Deep decarbonization of the U.S. Northwest can be achieved at “manageable” costs by 2045, but only if utility agency Energy Northwest secures zero-emitting firm capacity, such as by relicensing Columbia Generating Station—the sole nuclear plant in the region—and building small modular reactors (SMRs), a new study suggests. The study by San Francisco-based consulting group Energy […]

Every one of the 13 decades that POWER magazine has been in print has been definitive for electric generation technology, policy, and business in some significant way, but few have been as transformative as the 2010s. The decade opened just as the global economy began to crawl toward recovery from a historically unprecedented downturn that […]

A substantial shift in implementation of distributed energy resources (DERs) is on the horizon with the collision of new technologies and higher energy demand. Innovation is spawning an abundance of potential

Increased power generation from renewable resources such as wind and solar also has created a growing market for energy storage. Generators want to harness that power and have it available when it’s needed, whether or not the wind is blowing or the sun is shining. Rob Allerman, senior director of Power Analytics for Drillinginfo, which […]