Secretary Moniz Awards $125 Million for 41 Transformational Energy Technology Projects Ahead of COP21 in Paris
By Michael McDonald for OilPrice.com: Ever since Tesla announced its PowerWall battery project earlier this year, interest in stationary storage and battery technology in general has been explosive. Now, Mercedes Benz has put together an interesting project built around recycled batteries that might help drive even more interest in grid scale utility storage and help to blend the consumer and commercial markets for batteries.
Under Mercedes’ new project, a consortium of companies is going to create the world’s largest grid storage facility using used batteries in Lunen, Germany. The project will have the capacity to store 13 megawatts of power (enough to meet the demand of 130,000 homes) based on reusing automotive batteries. The basic premise is that when the battery from an electric vehicle or a plug-in hybrid vehicle is no longer reliable enough to start a car, it still has up to 80% of its original storage capacity remaining. As a result, a large series of these batteries can be connected to store energy from renewable sources like solar and wind power. Cont'd...
Dario Balca , CTV Toronto: Toronto Hydro has announced it will launch the world’s first-ever underwater energy storage system in Lake Ontario.
The utility has partnered with Hydrostor Inc., a company that specializes in innovative energy storage systems, for a two-year-pilot project intended to create a backup for the city’s electricity grid big enough to power approximately 350 homes.
"We're very excited to see this new technology in action,” said Toronto Hydro CEO Anthony Haines. “Toronto Hydro has been very busy exploring new ways to power our grid, and I think this is the most creative project we've been involved in so far. Supporting innovative solutions for Toronto's power needs will continue to be a focus for our organization."
The system works by taking electrical energy and converting it into compressed air so that it can be stored under water in large, balloon-like structures.
The storage facility will be located three kilometres off the southern tip of the Toronto Island and 55 metres under water.
When the city’s electricity grid needs power, crews will open a valve that lets the pressurized air out. The air is then converted back into electricity and fed into the grid. Cont'd...
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