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

  • Weekend Video: Bloomberg To Colbert – New Energy Is The Answer
  • Weekend Video: Global New Energy Keeps Coming On
  • Weekend Video: The Long Reach Of New Energy
  • THE DAY BEFORE

  • FRIDAY WORLD HEADLINE-Why Geoengineering Has Comes With Big Risks
  • FRIDAY WORLD HEADLINE-The Immense Potential Of Ocean Wind
  • FRIDAY WORLD HEADLINE-The Best Place To Build New Energy Is China – Survey
  • FRIDAY WORLD HEADLINE-Japan’s Mitsubishi Sees EV Price Beating Gas Cars
  • THE DAY BEFORE THE DAY BEFORE

    THINGS-TO-THINK-ABOUT THURSDAY, October 12:

  • TTTA Thursday-Big Work Now Ahead On Climate Change
  • TTTA Thursday-New Energy Ready To Take Over In The New South
  • TTTA Thursday-How The Ocean Can Store New Energy
  • TTTA Thursday-Indiana Nun Fights For Solar
  • THE DAY BEFORE THAT

  • ORIGINAL REPORTING: New Hampshire Makes A New Energy Compromise That was ‘Worth It’
  • ORIGINAL REPORTING: Survey Shows Utilities Expect New Energy Expansion
  • AND THE DAY BEFORE THAT

  • TODAY’S STUDY: Why Big Buyers Buy New Energy
  • QUICK NEWS, October 10: Why Tariffs On Solar Will Backfire On The President; Private Sector Seizes Wind Opportunity; The EV Boom Needs 1000s More Plugs
  • THE LAST DAY UP HERE

  • TODAY’S STUDY: An Alternative New Energy Plan For North Carolina
  • QUICK NEWS, October 9: Research Shows Feedback Loop Accelerating Climate Change; Solar Growth Leads The World; The Big Opportunity In Wind
  • --------------------------

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

    Founding Editor Herman K. Trabish

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

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

    click image for more info about the Sunstock Solar Festival

    Research Associate and Contributing Editor Jessica R. Wunder

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

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

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

    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, October 16:

  • TODAY’S STUDY: How Get The Stacked Values Of Battery Storage
  • QUICK NEWS, October 16: Worse Than ‘The New Normal’; New Energy To The Rescue; How Rooftop Solar Cuts Everybody’s Power Bills

    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