Battery Storage

Battery Power’s Latest Plunge in Costs Threatens Coal, Gas

London and New York, March 26, 2019 – Two technologies that were immature and expensive only a few years ago but are now at the center of the unfolding low-carbon energy transition have seen spectacular gains in cost-competitiveness in the last year. The latest analysis by research company BloombergNEF (BNEF) shows that the benchmark levelized

How residential energy storage could help support the power grid

Household batteries could contribute to making the grid more cost effective, reliable, resilient, and safe—if retail battery providers, utilities, and regulators can resolve delicate commercial, operational, and policy issues. The growth of battery storage in the power sector has attracted a great deal of attention in the industry and media. Much of that attention focuses

In Germany, Consumers Embrace a Shift to Home Batteries

A growing number of homeowners in Germany are installing batteries to store solar power. As prices for energy storage systems drop, they are adopting a green vision: a solar panel on every roof, an EV in every garage, and a battery in every basement. Stefan Paris is a 55-year-old radiologist living in Berlin’s outer suburbs.

Storing energy with lithium-ion batteries moves us closer to 2030 targets

Renewable energy’s contribution to the generation mix continues to grow. However, it still faces one major challenge. Producing green electricity is one thing, but storing it is quite another. The problem? It’s the weather, stupid. Scotland may be the windiest place in Europe, but that wind isn’t consistent. When it blows, the turbines turn, but

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