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Clean energy technology supply chains must get better, faster, cleaner, says report

Envirotec Magazine

A new briefing from think tank organisation the Energy Transitions Commission (ETC) argues that the clean energy transition can be delivered on time and at an affordable cost if supply chain risks are minimised by policy and industry action. offshore wind transport vessels or grid transformers) that are costly and have long lead times.

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DOE announces goal to cut costs of long-duration energy storage by 90%

Renewable Energy World

Secretary of Energy Jennifer M. Department of Energy’s (DOE) goal to reduce the cost of grid-scale, long-duration energy storage (of which pumped storage hydro is the largest source) by 90% within the decade. Energy storage technology holds great promise in the fight against climate change.

Energy 104
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Rising battery storage costs: A long-term trend or short term blip?

Business Green

New BloombergNEF analysis charts the rising cost pressures faced by the global stationary energy storage market. That is the core conclusion of recent analysis from BloombergNEF, which estimates the average price of a four-hour turnkey energy storage system rose to $324/kWh in 2022 - a 27 per cent increase from the previous year.

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Sage Geosystems Unveils Results of Energy Storage System Pilot

Solar Industry

a geothermal baseload and energy storage company based in Houston, has released results and data from its full-scale commercial pilot confirming the performance of its energy storage system that can provide short- or long-duration storage (EarthStore). Sage Geosystems Inc. ,

Energy 105
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Sage reports successful results of underground energy storage pilot

ThinkGeoEnergy

(Sage), a geothermal baseload and energy storage company, has announced the results and data from their full-scale commercial pilot of EarthStore – the company’s energy storage system that can provide short- or long-duration storage. Sage will present their energy storage pilot results tomorrow at the PIVOT 2023 conference.

Energy 59
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MIT Study: Transmission Is Key to a Low-Cost, Decarbonized US Grid

GreenTechMedia

to meet the study’s assumptions of doubling its transmission network capacity and creating new interregional and cross-country links to shift clean energy from where it’s most efficiently generated to where it’s needed remains an open question. Whether it’s politically possible for the U.S.

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A 21st-century reinvention of the electric grid is crucial for solving the climate change crisis

Renewable Energy World

The Biden administration’s goal is to have a carbon emissions-free grid by 2035. will need to nearly triple its 2020 growth rate for the grid to be 80% powered by clean energy by 2030. (As The foundation of this transition is a dramatic change in the electric grid itself. One recent study found that the U.S.