kiwichick wrote:and if I can google stuff like that in 10 minutes ......why was there no mention of the R&D in batteries , for example, in Gail's article?
How Much Does Storage Really Cost? Lazard Weighs In.STORAGE COSTS ARE DROPPING
Both reports find that the age of the battery is here, largely because costs have dropped so far, so fast.“This reminds us very much of where utility-scale renewables were seven or eight years ago,” when Lazard began covering renewable costs in its LCOE series. “To us, this seems like an inflection point where you can see external factors causing demand to really take off and then you wind up with price declines as manufacturing scales up.”
The LCOS calculates the costs of eight different energy storage technologies for ten single-use cases, half behind the meter (including augmenting residential solar PV) and half in front (including transmission-upgrade deferral). It compares these to the costs of conventional alternatives like natural-gas peaker plants or diesel generators. The study finds that the costs of storage are within “striking distance” of conventional alternatives for many single-use cases, including lithium-ion batteries used for frequency regulation and flow batteries used to defer adding a new peaker plant.
US Energy Storage Market Grew 243% in 2015, Largest Year on RecordThe U.S. energy storage market just had both its best quarter and best year of all time. The U.S. deployed 112 megawatts of energy storage capacity in the fourth quarter of 2015, bringing the annual total to 221 megawatts. This represents 161 megawatt-hours for the year. The 112 megawatts deployed in the fourth quarter 2015 represented more than the total of all storage deployments in 2013 and 2014 combined. Propelled by that historic quarter, the U.S. energy storage market grew 243 percent over 2014’s 65 megawatts (86 megawatt-hours).
GTM research forecasts that the annual U.S. energy storage market will cross the 1-gigawatt mark in 2019, and by 2020 it will be a 1.7-gigawatt market valued at $2.5 billion.
“We can look back at 2015 as the year when energy storage really took off. Energy storage is changing the paradigm on how we generate, distribute and use energy. With exponential growth predicted over the next couple of years, energy storage solutions will deliver smarter, more dynamic energy services, address peak demand challenges and enable the expanded use of renewable generation like wind and solar. The net result will be a more resilient and flexible grid infrastructure that benefits American businesses and consumers.”
Global Grid-Connected Energy Storage Capacity to Double in 2016, IHS Markit SaysThe global energy storage market is expected to double, from 1.4 gigawatt hour (GWh) added in 2015 to 2.9 GWh this year, offering unique growth prospects for many energy companies as global energy markets continue to cool. Global grid-connected energy storage capacity will surge to 21 GWh by 2025.
“Energy storage is set to grow as fast as solar photovoltaic energy has in recent years, sparking strong interest from a wide range of players. The United States and Japan are leading the way, but we’re also seeing activity in South Africa, Kenya, the Phillippines and other countries, as the cost of batteries continues to decline.” In Australia and Japan, energy storage penetration is expected to exceed 5 percent of installed power capacity in 2025, underscoring the growing role that energy storage will play in grid stability, renewable integration and overall energy management.
kiwichick wrote:and if I can google stuff like that in 10 minutes ......why was there no mention of the R&D in batteries , for example, in Gail's article?
kiwichick wrote:@ V....heard of Sumitomo???....
https://thewest.com.au/business/mining/ ... b88327728z
kiwichick wrote:@ V......funny....well I assume you are joking .....you are joking right??????
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