Energy Storage

The global hybrid energy market, including energy storage, is projected to touch $40 billion by 2025. It is an opportunity that India has capitalized upon, earlier than others.

Scientists at the U.S. Department of Energy’s (DOE) Argonne National Laboratory have developed a new kind of thermal battery that can greatly increase the energy efficiency and cost-effectiveness of many industrial processes and shows great promise for use in the solar industry. Liz Thompson reports that Argonne’s Thermal Energy Storage System (TESS) can rapidly capture and store surplus heat so that it can be used as needed. With its pioneering modular design and material advancements resulting in greater efficiency, TESS is a big step forward in thermal battery technology.

The industry needs to cut a dependence on electric vehicle battery imports from China, according to the road transport minister, who said the government is looking to support research into alternatives to lithium-ion technology.

With electric vehicles starting to gain traction, the International Energy Agency’s updated, ten-year e-mobility forecast has suggested geopolitical and economic concerns will trump environmental niceties when it comes to encouraging recycling. But what price ever-cheaper batteries?

Almost 10 GW of hybrid generation capacity is already under implementation despite India having only 100 MW of combined wind and PV projects at present, according to analyst Crisil.

An Ieefa report has suggested the cost of generating electricity from solar will be near zero in the world’s sunniest regions by 2030-40 – despite what the naysayers at the International Energy Agency might think.

Defining energy storage under the Electricity Act could help start ancillary services and frequency regulation through energy storage as a flexible asset. It will also help to enable electric vehicle charging infrastructure, vehicle-to-grid (V2G) concepts and microgrids integration with expanded grid connectivity in the long run, according to the industry body.

The 50KW DC chargers will be accessible by both MG ZS electric vehicle (EV) customers as well as other EV owners whose automobiles are compatible with the CCS/CHAdeMO charging standards.

The Gurgaon-based data-driven fleet service provider—which launched India’s first all-electric heavy-duty truck last year—will use Faradion’s sodium-ion batteries in its commercial vehicles.

October 31 is the last date to submit proposals for developing economically viable energy storage solutions that can be integrated with appropriate renewable energy sources to provide an uninterrupted power supply for rural households and enterprises.