The Need for Flexibility and Innovation in the Storage Industry

The strong expansion of variable renewables, which are projected to make up more than half of global capacity additions to 2040 in the IEA’s New Policies Scenario (NPS), has major implications for electricity, first among them is the need for increased flexibility in the storage industry. Globally, electricity demand is projected to grow by over
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Liquid Air Energy Storage Explained by a Developer

Here follow 5 questions Green Dealflow asked phelas, an innovative company focusing on a particular energy storage technology to foster the energy transition: liquid air energy storage. What problem does phelas solve? Phelas was founded to turn a very simple vision into reality: We want 100% renewable power to be a no-brainer everywhere on this
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Zinc-ion battery storage – Q&A with Enerpoly

Here follow 6 questions Green Dealflow asked Enerpoly, an innovative company trying to put zinc-ion batteries on the table of energy storage technologies to foster the energy transition and diversify the need for critical minerals required for lithium-ion batteries. 1. What is the Enerpoly innovative perspective on zinc-ion energy storage? Enerpoly develops and manufactures zinc-ion
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The Global Picture of Energy Investments

High prices, rising costs, economic uncertainty, energy security concerns, and climate imperatives amount to a powerful cocktail of factors bearing on global energy investments.  IEA´s tracking and forecast estimate that global energy investments are expected to rise 8% in 2022, reaching around 2.4 trillion. However, around 200 billion is being driven up by higher costs
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The Future of Energy Storage

In May 2022 the Massachusetts Institute of Technology published the report “The Future of Energy Storage”, founded by The Alfred P. Sloan Foundation and The Heising-Simons Foundation.Energy storage enables cost-effective deep decarbonization of electric power systems with high wind and solar penetration. Deep decarbonization will require massive investments in multiple energy storage technologies, as well
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All the Benefits of including Storage in your Solar Project

Energy storage is going to be one of the most important technologies in the shift toward clean energy systems.   Because solar panels and wind turbines don´t operate continuously due to the intermittency of solar radiation and wind currents, the owner of these projects are forced to sell the electricity when these resources are available, and
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Chart: What will a net-zero grid energy mix actually look like?

Massive amounts of new wind and solar will be a make-or-break ingredient of a net-zero grid. Solar power generated less than 4 percent of the world’s electricity in 2021; by 2050, solar’s share needs to jump to 33 percent. Wind power produced less than 7 percent of electricity globally last year; by 2050, that needs to grow to 35 percent. So said the International Energy Agency last year when it laid
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The Italian Energy Prices Have Never Been Higher

The cost of electricity in Italy has never been higher. This is what emerges from the data published by Arera, the Regulatory Authority for Energy, Networks, and the Environment. In the first weeks of 2022, the Italian energy prices per MWh had an average of 216,35 €.   According to the same authority, the price is composed of 80.8% of energy, 8.4% of transportation and meter, and 10,8% taxes, while the system fees have been deducted from the government for the last quarter of 2021 and the first quarter of 2022.    The main driver of such a huge increase is found in the cost of energy: in the last period, from the third to the fourth quarter of 2021, the price went from
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Upcoming Capacity Market Auction for Storage Projects in Italy

The Italian electricity transmission system operator (TSO) Terna initiated the procedure for electricity generators to take part in the 2024 capacity market auction at the end of November 2021 with the aim of holding the competition on 21 February 2022.   Terna will hold the third auction round for the capacity market (2024) on February 21, 2022, after having
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Energy storage appears to be fully charged for exponential growth

Lithium-based energy storage volumes in the U.S. are expected to grow by multiple orders of magnitude in the coming years, with a 1000% capacity increase by 2023. You can see the original article here. Lithium-based energy storage volumes deployed to the United States will grow by multiple orders of magnitude in the coming years, with
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