NewEnergyNews: ORIGINAL REPORTING: Energy Storage Costs Coming Down

NewEnergyNews

Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

While the OFFICE of President remains in highest regard at NewEnergyNews, this administration's position on climate change makes it impossible to regard THIS president with respect. Below is the NewEnergyNews theme song until 2020.

The challenge now: To make every day Earth Day.

YESTERDAY

  • TODAY’S STUDY: The Wires New Energy Needs
  • QUICK NEWS, January 22: Lloyd’s Of London Declares Coal A Bad Bet; Solar’s Peak Demand Power Knocks Out Old Energy; U.S. Wind Energy Push Praised By Global Wind Leader
  • THE DAY BEFORE

  • Weekend Video: On 100% New Energy
  • Weekend Video: More On The Hot-Cold Climate Conundrum
  • Weekend Video: New Energy Is Coming
  • THE DAY BEFORE THE DAY BEFORE

  • FRIDAY WORLD HEADLINE-Cover of Time: The Great Crack-Up
  • FRIDAY WORLD HEADLINE-New Energy Beats Dirty Energy On Cost Around The World
  • FRIDAY WORLD HEADLINE-Aussie 2017 Solar Buildout Set Records
  • FRIDAY WORLD HEADLINE-French Plan 5-Year Wind Boom
  • THE DAY BEFORE THAT

    THINGS-TO-THINK-ABOUT THURSDAY, January 18:

  • TTTA Thursday-Climate Change And Mind Games
  • TTTA Thursday-The Great Winds On The Great Lakes
  • TTTA Thursday-Why America First Could Leave Solar Last
  • TTTA Thursday-Where Next-Gen Biofuels Will Work
  • THE LAST DAY UP HERE

  • ORIGINAL REPORTING: A Lot Of Dam Potential -- With pumped storage, hydropower can grow 50% by 2050
  • ORIGINAL REPORTING: Utilities Cautiously Advance EV Charger Buildout
  • --------------------------

    --------------------------

    Founding Editor Herman K. Trabish

    --------------------------

    --------------------------

    Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

    -------------------

    -------------------

      A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

    -------------------

    Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

  • ---------------
  • TODAY AT NewEnergyNews, January 23:

  • TODAY’S STUDY: Global New Energy Right Now
  • QUICK NEWS, January 23: Do You Know What The Climate Change Monster Looks Like?; Arizona Looks At Big Wind Buy; Trump's Solar Tariff Makes America A Loser Again

    Wednesday, August 31, 2016

    ORIGINAL REPORTING: Energy Storage Costs Coming Down

    Some energy storage already cost competitive, new valuation study shows; A new report from Lazard breaks down the costs of 8 different storage technologies

    Herman K. Trabish, November 24, 2015 (Utility Dive)

    Although the global battery industry is large, the energy storage system manufacturing sector is “tiny” compared to other industries, and costs will come down “dramatically” as it scales up. Storage is at “an inflection point" according to Lazard’s Levelized Cost of Storage Analysis 1.0 Some storage technologies are already cost-competitive with conventional alternatives in certain applications like frequency regulation or deferring distribution investment. Others, for other applications, are close.

    The crucial thing to understand about energy storage system technologies is they are rated both for “instantaneous power capacity and potential energy output,” the report explains. Instantaneous power capacity is “the maximum output of the inverter (in MW, kW, etc.) under specific operational and physical conditions.” Potential energy output, often called "usable energy," is “the maximum amount of energy (in MWh, kWh, etc.) the system can store at one point in time.”

    Building on methodologies developed for its nine listings of the levelized cost of energy (LCOE) for generation technologies, Lazard considered both duration and capacity for its levelized cost of storage (LCOS). The study considered both the capital cost of the system per unit of instantaneous power capacity and per unit of potential energy output. In today’s marketplace, energy storage systems are most economically viable “in use cases that require relatively greater power capacity and flexibility as opposed to energy density or duration,” Lazard reports. Increasing system duration costs more than system power, meaning battery life is harder and more expensive to increase than battery size. The eight technologies examined are Compressed Air Energy Storage (CAES),flow batteries, flywheels, advanced lead-acid batteries, lithium-ion batteries, Pumped Hydro Storage (PHS), sodium batteries, and zinc batteries. click here for more

    IFTTT Recipe: Share new blog posts to Facebook connects blogger to facebook

    0 Comments:

    Post a Comment

    << Home