GUEST POST by Rhys Walker, cost estimator, Glenmore Investments
According to the latest predictions, the cost of electric vehicles is likely to be the same as their internal-combustion counterparts by 2022, while by 2040 this price is predicted to become even lower.
Skeptics would say that predictions should not be taken too seriously as they are always to some extent based on merely subjective opinions. This is absolutely right, just like is the fact that electric car sales continue to increase.
Statistics say that global sales increased by approximately 80% in 2015 compared to 2014, from 315,519 to 565,668, while by the end of 2016 the number of electric cars on the world’s roads is expected to exceed 2 million.
By 2040, for instance, electric vehicles would account for 35% of all new vehicle sales. What this implies is that even if some years or numbers in such sort of predictions may be inaccurate, the tendency of sales growth is definitely strong and cannot be doubted. Read more →
Demand Energy’s battery systems will go towards helping Costa Rica maintain its pristine environment. Pic: Pixabay.
By Jason Deign
Energy storage systems developer Demand Energy and Latin America microgrid pioneer Rio Grande Renewables this week announced a record-breaking project in Costa Rica.
The two companies have commissioned a battery storage-plus-solar-PV microgrid at Establishment Labs, a Costa Rican medical manufacturing plant, said Demand Energy in a press release.
The microgrid is said to be the largest in Central America and includes a 500kW, 1MWh lithium-ion battery connected to 276kW of solar PV.
The system is designed to provide multiple on-site and grid-assisting services, including peak demand reduction, solar variability smoothing and backup power for critical loads in the event of an outage.
It is controlled by Demand Energy’s Distributed Energy Network Operating System (DEN.OS™), which optimises how energy storage, distributed generation and other distributed energy resources interact and perform. Read more →
About 30% of storage procurement decision makers interviewed for the ESS study Beyond Four Hours said long-duration storage was “very important” for their business already. Image: ESS.
By Jason Deign
More than half of upcoming energy storage projects could require assets with a discharge duration of around four hours or more, according to new research.
About 30% of energy storage procurement decision makers interviewed for the ESS study Beyond Four Hours said long-duration storage was “very important” for their business already.
Another 30% said they were currently considering long-duration storage projects, 20% said it would be important in future and 10% considered it as part of a broader portfolio. Only 10% said it was not applicable to their business.
The research, carried out among energy storage procurers and project developers in association with Energy Storage Report, revealed a wide range of definitions for what constitutes a ‘long-duration’ asset.
But six out of 10 respondents claimed a requirement of more than four hours, which is generally considered beyond the cost-effective range of lithium-ion batteries commonly used for shorter-duration electricity storage. Read more →
Skeleton Technologies pitched to investors at The Business Booster in Barcelona (pic: InnoEnergy).
By Jason Deign
Skeleton Technologies is expanding its top team and contemplating further cash injections as its sets its sights on a precious German market.
The Estonian ultracapacitor maker, which has so far raised €26.7m in funding, is looking for a vice president of global sales as it expands manufacturing into Germany, which is expected to account for a fifth of its global market.
The company was also showing off to potential investors and customers at a showcase event called The Business Booster (TBB), in Barcelona, Spain, last Thursday.
Having closed its round C funding, for €13m, this summer, programme director Egert Valmra appealed to TBB’s audience for a round D injection in support of UCGEN3, a ‘next-generation’ ultracapacitor programme led by Skeleton.
In the meantime, however, Skeleton is focusing attention on scaling up production in Estonia and building a presence in Germany, where it opened a factory this year. Read more →
Delegates at next year’s Energy Storage Europe Conference will hear a plea for open business models (Pic: Energy Storage Europe 2016).
Energy storage developers and asset owners should aim to be technologically neutral to make the most of global markets, experts will hear next year.
Florian Mayr, partner and storage expert of management consultancy Apricum, is due to make the case for technologically open business models at the Energy Storage Europe Conference 2017 in Düsseldorf, Germany.
These models can benefit most from the growth of international storage markets as flexibility becomes a key factor for success in the industry, he claims.
“Today storage markets are still comparatively small and characterised by individual, often geographically determined application cases,” he said. Read more →
The Dulas solar-powered direct-drive vaccine fridge uses phase-change materials to store vaccines more effectively, helping save human lives.
By Jason Deign
Phase-change materials (PCMs) are boldly going into an energy storage realm where even the most modern battery technologies have failed to deliver: saving lives.
Dulas, a Welsh renewable energy technology company, is using PCMs in place of batteries as an essential component of solar-powered direct-drive refrigerators for off-grid vaccine storage in developing countries.
On Monday the company announced a contract to supply 345 of its VC200 fridges to health and aid agencies working in Yemen, Sierra Leone and Nigeria.
The company said the deal represented “a significant expansion” of its partnerships with the World Health Organisation (WHO), the United Nations Children’s Fund (UNICEF) and the Institute of Human Virology in Nigeria.
Dulas will be sending 60 fridges to the Institute of Human Virology, 143 to the WHO in Yemen and 142 to UNICEF in Sierra Leone. “There is the potential for further orders in the near future,” said the company. Read more →