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Search Results for energy storage
ABB and Gravitricity to collaborate on energy storage systems using end-of-life mine shafts and hoist technology
ABB has signed an agreement with UK-based gravity energy storage firm Gravitricity to explore how hoist expertise and technologies can accelerate the development and implementation of gravity energy storage systems in former mines. Gravitricity has developed GraviStore, an innovative gravity…
The Importance of Battery Energy Storage Systems in the Energy Transition
The increasing demand of consumers to be supplied at all times with electrical energy to satisfy all their needs is one the basic causes for the complexity of an energy system. The growing consumption of electricity, as compared to the…
Hot Rock Energy Storage Will Soon Be A Reality In Denmark’s Electricity Grid
The Danish company Stiesdal, which is behind the TetraSpar full-scale demonstration project of the world’s first industrialized offshore foundation manufacturing and deployment system for wind turbines, is now realizing the first commercial demonstration energy storage system based on heating up rocks in big…
World’s 1st Zero-Emission Tanker Project Will Use Corvus Energy Storage System
Corvus Energy was selected to provide an energy storage system (ESS) to Kawasaki Heavy Industries for the zero-emissions electric e5 tanker it is building, the world’s first zero-emissions tanker. The electric tanker is under construction for Tokyo’s Asahi Tanker Co.…
US to Become World’s Largest Market for Grid-Connected Energy Storage
The US is projected to take over South Korea as the world’s largest market for grid-connected energy storage this year. That’s according to new research, which suggests solar combined with battery storage as well as peaking capacity requirements are driving…
New York Announces ‘Energy Storage Roadmap’ to Hit Low Carbon Goals
New York Governor Andrew M. Cuomo has announced an ‘Energy Storage Roadmap’ to guide the state toward its energy storage target of 1.5GW by 2025. This figure is equivalent to the electricity demand of a fifth of the state’s homes…
Mercedes-Benz Turns Coal Power Plant into Energy Storage System with Electric Car Batteries
Daimler, through its subsidiary Mercedes-Benz Energy and with partners, is turning a coal power plant into a large energy storage facility using over a thousand modules from its electric car battery packs. Like Tesla and its ‘Tesla Energy’ division, Mercedes-Benz…