Recent changes in the economics of the energy storage are causing a shift in the market for lithium-ion batteries, which could accentuate China’s position in the global energy storage market.Surging demand has led to a shortage of nickel manganese cobalt (NMC) batteries, giving lithium iron phosphate (LFP) batteries a chance to gain market share.
The US deployed 42% megawatts more energy storage in the second quarter of this year than in the first, with residential installations overtaking utility deployments for the first time.The latest edition of ‘US Energy storage monitor’, a quarterly report produced by Wood Mackenzie Power & Renewables (formerly known as GTM Research), also found that the
The Rise of Electric Cars When I ordered my first electric car, a Renault ZOE, in May 2012 it seemed like a step into the great unknown. I started the My Renault ZOE website that summer so owners and enthusiasts could give each other support. Most people back then didn’t
Demand for residential energy-storage is surging in the U.S., with more capacity installed in the second quarter than in all of 2017.Consumers installed home batteries with 57.5 megawatt-hours of storage capacity last quarter, according to a report Wednesday from the Energy Storage Association and Wood Mackenzie Power & Renewables. That’s more than the 39.8 megawatt-hours
Homeowners across the U.S. are buying batteries to store excess solar energy faster than factories can make them.
The ending of the UK government’s main renewable energy support scheme in April 2019 might, in most circumstances, be expected to provide a serious blow to the UK’s renewable energy hopes. Except that it could also be just what is needed to provide battery storage systems with the necessary boost to its own hitherto flagging
A household just outside Berlin has become the recipient of the 100,000th grid-connected residential battery energy storage system in Germany.Parliamentary State Secretary at the Federal Ministry for Economic Affairs and Energy, Thomas Bareiß attended an official event to mark the system’s commissioning in Eichwalde. Bareiß hailed the event as an “important milestone” that Germany has
The last few years have been good for systems based around Lithium-Ion batteries, particularly electric cars and home battery systems like the PowerBanx, with prices falling consistently year-on-year as demand and supply have risen. However, it looks like that is about to change, at least in the UK.
At Fuel Included we like safe batteries that offer performance and value for money, and that’s why we have bought the BYD B-Box into the fold.
There’s a broad consensus that the world will deploy more grid storage in the coming years than it does today, but few people agree on exactly how much more.Here’s a new prediction: Global lithium-ion battery deployments over the next five years will grow by 55 percent annually, according to a new report from GTM Research.In