SEIA Applauds Baker Administration for Leadership on Raising Near-Term Net Metering Caps in Massachusetts
FuelCell Energy Announces Additional Fuel Cell Sales to South Korean Partner and Highlights Asian Manufacturing
Pattern Development Completes $205 Million Construction Financing on 122 MW Conejo Solar Project in Chile
Tantech Holdings to Produce EDLC Carbon Based Aluminum Batteries in Cooperation with Major Battery Manufacturer
Mike Stone for GTM: Norway has a lot of hydroelectric plants: a total of 937 of them, which provide a population of 5 million with around 98 percent of its electricity. In fact, the Scandinavian country is home to roughly half of all the hydroelectric water storage reservoirs in Europe.
This vast system could also offer a Europe a substantial amount of energy storage -- up to 20 gigawatts of it -- if an ambitious scheme currently being proposed can overcome political and social hurdles and get the necessary funding. That’s according to Kaspar Vereide, an engineer at the Norwegian University of Science and Technology in Trondheim. And his models suggest it could all be achieved in seven years.
Vereide is not alone in thinking Norway could become a vast green battery for Europe. The Centre for Environmental Design of Renewable Energy has concluded that there are four realistic scenarios for pumped hydro energy storage in the country, ranging from a Nordics-only scenario, where Norway only looks after its own needs, plus some of those of its Scandinavian neighbors; to a so-called ‘big storage’ scenario, which, it says, would see “Norwegian hydropower play an important role in integrating variable renewable sources into the European power system by providing large volumes of balancing over various time horizons to the North Sea countries through highly integrated grids and power markets.”
It’s this "big storage" scenario -- with Norway becoming "the green battery of Europe" -- that Vereide has in mind. Cont'd...
By Sophie Vorrath for RenewEconomy: The key role energy storage will play in the electricity grids of the future – and the vital importance of investing in and testing the various emerging battery storage technologies – has been highlighted in a major report published by the Australian Renewable Energy Agency on Monday, which predicts a 40-60 per cent price plunge for certain battery technologies by 2020.
The 130-page report prepared by AECOM predicts a “mega-shift” to energy storage adoption, driven by demand – from both the supply side, as networks work to adapt to increasing distributed and renewable energy capacity, and from consumers wishing to store their solar energy – and by the rapidly changing economic proposition; a proposition, the report says, that will see the costs of lithium-ion batteries fall by 60 per cent in less than five years, and by 40 per cent for flow batteries. Cont'd...
Ideal Power's Power Conversion System Selected by Sonnenbatterie for Their Commercial Energy Storage Solutions
Records 1546 to 1560 of 2588