Highview Power reported that it developed a modular cryogenic energy storage system, the CRYOBattery™, that is scalable up to multiple gigawatts of energy storage. According to the company, the technology, which can be placed almost anywhere, reaches a new benchmark for a levelized cost of storage (LCOS) of $140/MWh for a 10-hour, 200MW/2GWh system. Highview Power contends that its cryogenic energy
Multi-junction solar cells are both the most efficient type of solar cell on the market today and the most expensive type of solar cell to produce. In a proof-of-concept paper, researchers from North Carolina State University detail a new approach for creating multi-junction solar cells using off-the-shelf components, resulting in lower cost, high-efficiency solar cells for use in multiple applications. Multi-junction, or
ALFREDO ESTRELLAGETTY IMAGES We’ve known for a few years now that solar power is surging in the U.S. and the rest of the world: costs have been falling for a while and countries like the United States, China, and India have been building so many solar panels that solar was the world’s fastest growing energy source in 2016. But thanks to a recently-published report
Researchers have devised a more efficient, more reliable potassium-oxygen battery, a step toward a potential solution for energy storage for the grid. In a study published in the April issue of the journal Batteries and Supercaps, researchers from Ohio State University detailed their findings related to the construction of a potassium-oxygen battery’s cathode. (See image above of Paul Gilmore and Vishnu-Baba Sundaresan). The findings,
Coal has been our dominant source of energy for more than a century, powering the Industrial Revolution and generated electricity for millions of households. But nothing lasts forever. A new study by the London-based think tank Carbon Tracker highlights just what that demise looks like. According to their numbers, around 42 percent of the world’s coal plants are losing money.
A new analysis by Bloomberg New Energy Finance says that 50 percent of the world’s energy will come from solar and wind by 2050. In 2015, wind and solar made up only 7 percent of global electricity generation. BNEF, then, is proposing that these energy sources will grow by a full order of magnitude over the next 30 years. This
Tesla opens the doors of Gigafactory 1, shows battery cell, pack, and drivetrain production Tesla is offering a rare glimpse inside Gigafactory 1 by opening the doors to the local media following a report on the impact of the plant’s rapid expansion on the local community. We get to see Panasonic’s battery cell production and Tesla’s battery pack and drivetrain