Toshiba Begins Operation of Independent Energy Supply System Utilizing Renewable Energy and Hydrogen
Sadoway is ready. He and a handful of scientists with young companies and big backers say they have a shot at solving a vexing problem: how to store and deliver power around the clock so sustainable energies can become viable alternatives to fossil fuels. How these storage projects are allowing utility power customers to defect from the grid is one of the topics for debate this week at the Bloomberg New Energy Finance conference in New York. Today’s nickel-cadmium and lithium-ion offerings aren’t up to the task. They can’t run a home for more than a few hours or most cars for more than 100 miles (160 kilometers). At about $400 per kilowatt-hour, they’re double the price analysts say will unleash widespread green power. “Developing a storage system beyond lithium-ion is critical to unlocking the value of electric vehicles and renewable energy,” says Andrew Chung, a partner at Menlo Park, California–based venture capital firm Khosla Ventures.
- "There are about 230 Households in California, who currently have Tesla Stationary Battery installed in their Homes. Another about 100 Households are out of California.
- This customer had the Tesla Stationary Battery for about One and a Half years, and is installed in his garage."
Tom Randall for Bloomberg: Oil prices have fallen by more than half since July. Just five years ago, such a plunge in fossil fuels would have put the renewable-energy industry on bankruptcy watch. Today: Meh.
World clean energy investment rebounded strongly in 2014, boosted by demand for large-scale and rooftop solar photovoltaics on the back of its greatly improved competitiveness, and by the financing of a record $19.4bn of offshore wind projects.
- World’s First Solar Road Opens In Netherlands
- Researchers Reach A Record In Solar Conversion Efficiency
- Scotland Has An Amazing Month Of Wind Energy Production
- World’s Largest Solar Plant Comes Online
- The World’s Largest Tidal Array Gets The Green Light
- Researchers Continue To Develop New Ways To Use Solar
- World’s Largest and Most Powerful Wind Turbine Comes Online
- Solar Car Hits Speed Record, Could Soon Hit The Streets
As the price of oil has tumbled to five-year lows, solar stocks have fallen with it: First Solar was trading near $72 in mid-September; now it's around $44. Solar City has around $65; now it's close to $50.
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