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

  • FRIDAY WORLD HEADLINE-‘Carbon Ideoologies’ – A Big Warning
  • FRIDAY WORLD HEADLINE-New Energy Is Setting Records In Europe
  • FRIDAY WORLD HEADLINE-China Taking The New Energy Lead
  • THE DAY BEFORE

    THINGS-TO-THINK-ABOUT THURSDAY, July 19:

  • TTTA Thursday-New Energy Cut California’s Emissions
  • TTTA Thursday-New Energy Beyond Its Tax Credits
  • TTTA Thursday-The New Energy Stock To Buy?
  • THE DAY BEFORE THE DAY BEFORE

  • ORIGINAL REPORTING: Is cap and trade the climate solution? The jury's still out
  • ORIGINAL REPORTING: Why are the newest distribution system buzzwords 'hosting capacity analysis'?
  • THE DAY BEFORE THAT

  • ALL-STAR GAME DAY STUDY: All Star Air Pollution Data
  • QUICK NEWS, July 17: Offshore Wind Price Competitive With Nuclear; Solar Spreading As New Energy Costs Plummet
  • THE LAST DAY UP HERE

  • TODAY’s STUDY: Making Offshore Wind Work
  • QUICK NEWS, July 16: Baseball, Moneyball, and Climate Change; How Long Will New Energy Need NatGas?
  • --------------------------

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

    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.

  • ---------------
  • WEEKEND VIDEOS, July 21-21:

  • Supreme Court Nominee’s Climate Record
  • The Good That Wind Does
  • How Solar Serves The Heartlands

    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