The lithium ion battery market is experiencing growth on all sectors, including consumer and industrial applications, electric vehicles, and stationary energy storage systems (ESS). In fact, there are estimates that the market will double or even triple in size by 2030. This growth is coupled with declining prices, with prices having fallen as much as
A £55 million (US$67.8 million) fund has been earmarked for five projects in the UK looking at developing the next generation of battery storage technology. The government-led Faraday Institution has allocated the funding to five consortium-led projects with the aim of overcoming battery challenges, in particular by improving performance and cost characteristics. The projects will
Large-scale renewables are the most important factor in decarbonisation of the energy sector, according to a new UK Energy Research Centre (UKERC) report. However, rapid, unprecedented changes across the entire UK economy will be required to meet net zero. Disruptive change, defined by UKERC as a significant deviation from past trends in a short timeframe,
ScottishPower has revealed intentions to make Glasgow the UK’s first ‘net zero’ city, in collaboration with Glasgow City Council. And the utility is also preparing a battery storage rush in a bid to support its renewable energy ambitions. To achieve net zero emissions, the city will need to decarbonise heat and transport, as well as
With continued global growth of electric vehicles (EV), a new opportunity for the power sector is emerging: stationary storage powered by used EV batteries, which could exceed 200 gigawatt-hours by 2030. During the next few decades, the strong uptake of electric vehicles (EVs) will result in the availability of terawatt-hours of batteries that no longer
Dive Brief: EVgo said April 11 it has completed or has in construction 14 battery storage systems at 11 fast charging stations. The company calls it the largest deployment of battery storage systems at public fast charging stations in the nation. The storage systems will help overcome some of challenges inhibiting fast charging deployment, including
Government must take urgent action to improve air quality around schools, report finds Nearly two-thirds of teachers would support car-free roads outside schools during drop-off and pickup times, while more than half want the government to take urgent action to improve air quality outside schools, a survey suggests. The study, in which 840 people in
ScottishPower has unveiled a £2 billion investment programme for 2019 to target large-scale battery storage and public EV charging points.The investment, the company’s largest in a single year, comes after the sale of ScottishPower’s thermal generation business late last year.Keith Anderson, chief executive at ScottishPower, said that the firm’s growth plans were now about “cleaner
ScottishPower has become the latest utility to launch an exclusive EV tariff, proposing to slash the cost of charging an electric vehicle.The power firm’s new EV tariff, dubbed SmartPower Green EV, is designed to allow consumers to charge their electric vehicles outside of peak hours – typically between midnight and 5am – which can deliver
Automotive giant Volkswagen has announced it is to launch a power supply division in a bid to take e-mobility into the “mainstream”.Volkswagen has established a new consumer-facing brand, Elli – short for ‘Electric Life’ – to develop a range of products and services that are connected with consumer energy demand and electric vehicle charging.Berlin-headquarted Elli