NewEnergyNews: Global Energy Storage Growth to Accelerate

NewEnergyNews

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

The challenge now: To make every day Earth Day.

While the OFFICE of President remains in highest regard at NewEnergyNews, the administration's position on the climate crisis makes it impossible to regard THIS president with respect. Therefore, until November 2020, the NewEnergyNews theme song:

YESTERDAY

  • MONDAY STUDY: How Electric Cooperatives Can Move To New Energy
  • THE DAY BEFORE

  • Weekend Video: More On How Michael Moore Got New Energy All Wrong
  • Weekend Video: New Energy Is Good For What Ails The World
  • Weekend Video: Will The Florida Keys Sink?
  • THE DAY BEFORE THE DAY BEFORE

  • FRIDAY WORLD HEADLINE-A Global Recovery Script, Starring New Energy
  • FRIDAY WORLD HEADLINE-Global New Energy To Hesitate, Then Bounce Back
  • THE DAY BEFORE THAT

    THINGS-TO-THINK-ABOUT WEDNESDAY,:

  • TTTA Wednesday-ORIGINAL REPORTING: Solar’s Changing Market And Policy Landscape
  • TTTA Wednesday-The Green Hydrogen Solution
  • THE LAST DAY UP HERE

    MONDAY’S STUDY AT NewEnergyNews, May 25:

  • Bringing New Energy To Heating; A Case Study
  • --------------------------

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

    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.

  • ---------------
  • THINGS-TO-THINK-ABOUT WEDNESDAY, June 3:
  • ORIGINAL REPORTING: How To Get The Investments Needed For A New Grid
  • New Energy Beating Coal, Nuclear In 2020

    Friday, May 10, 2019

    Global Energy Storage Growth to Accelerate

    ‘Significant acceleration’ in grid-connected storage could see 4.3GW installed worldwide in 2019

    Andy Colthorpe, 10 May 2019 (Energy Storage News)

    “…[There has been] ‘significant acceleration’ of activity in the global grid-connected energy storage market, with 4.3GW expected to be deployed this year…[and] there could be 10.6GW of grid-connected energy storage deployments annually by 2025…[Primary drivers are] demand from solar co-location, growth in the Chinese market and incentives given for residential installations in various global territories…China and the US are the world’s fastest-growing markets, expected to account for more than half of all installations worldwide by 2024…[T]he US has in 2019 been the world’s leading market, overtaking South Korea which saw huge growth during 2018…The need to replace peaking capacity on the grid - traditionally provided by combined cycle gas turbines - and the growing sturdiness of the business case for solar-plus-storage have been the primary drivers of large procurements in the US…

    Front-of-meter and behind-the-meter deployments of energy storage will eventually begin to take an even split of the global market…[as the growing case for solar-plus-storage is] observed in more parts of the world from now until 2025…There’s been growing debate over the choice of battery chemistries and sub-chemistries…[F]alling cobalt prices this year have ‘softened’ the pressure on lithium-ion battery prices, as have the introduction of new production lines in various global locations. There has also been a shift towards lithium iron phosphate (LFP) in the stationary storage market, which has had an influence on global pricing…Challenges to the industry going forward include fire safety and the need to introduce standards applicable internationally, while synergies with the EV industry will be ‘crucial’ to the growth of the storage market…” click here for more

    0 Comments:

    Post a Comment

    << Home