batteries

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 […]

TORRANCE, Calif. and COLUMBUS, Ohio (May 15, 2019) — As part of its ongoing effort to reduce CO2 emissions from its vehicles and operations, Honda is conducting research with Ohio-based electric utility American Electric Power (NYSE: AEP) to develop a network of used electric vehicle (EV) batteries that could be integrated into AEP’s electricity system. The […]

A wireless charging breakthrough demonstrated by the U.S. Department of Energy’s (DOE’s) Oak Ridge National Laboratory (ORNL) marks a leap toward allowing electric vehicles (EVs) to conveniently recharge within the same period that it typically takes to fill-up at a gas station. Researchers at the national laboratory at Oak Ridge, Tennessee, in October said they […]

Daimler, the German automotive company best-known for the Mercedes-Benz line of vehicles, obviously knows a bit about cars. So perhaps it’s no surprise its subsidiary, Mercedes-Benz Energy, is using vehicle

Seoul, South Korea and Helsinki, Finland (June 26, 2018) — The technology group Wärtsilä and Hyundai Motor Group have signed a technology and commercial partnership designed to utilize second-life electric vehicle (EV) batteries towards the growing energy storage market. The global partnership will combine Hyundai’s expansion in electric vehicles, with Wärtsilä’s growing energy business, which includes […]

ARNHEM, Netherlands (April 4, 2018) — Small-scale, grid-connected energy storage solutions – or “community batteries” – can have a viable business case, supporting the ongoing growth of decentralized energy generation resources. This is one of the key findings of a feasibility study published today by DNV GL, based on work by an industry-wide consortium that includes […]