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Texas, California Top U.S. Power Sector’s Battery Pipeline

Batteries, Electricity Grid, Energy Topics & Technology, Latest, US News / By

By Gavin Maguire Image: REUTERS/Mike Blake P LITTLETON, Colorado, Sept 11 (Reuters) – California and Texas lead the national charge on grid-scale power sector battery systems, accounting for 72% of the battery networks currently in operation and around 65% of the battery development pipeline. California has the largest footprint of currently deployed utility batteries, with roughly 9,920 …

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China’s Global Battery Ram Will Be Hard to Stop

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By Katrina Hamlin HONG KONG, Sept 6 (Reuters Breakingviews) – China’s electric cars have zoomed into a new era of battery-powered driving. Now models such as BYD’s (002594.SZ) Seal and Great Wall Motor’s (601633.SS) Funky Cat face an international backlash. The U.S. is quadrupling duties on imports of electric vehicles from the People’s Republic to …

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U.S. Energy Storage Surge Will Reward Market-Savvy Developers

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By Mark Shenk Industry Insight from Reuters Events, a part of Thomson Reuters. Summary Falling costs and federal tax credits have improved the economics of large-scale battery storage but a busy market brings grid, permitting and supply chain risks. U.S. utility-scale battery deployment is surging as developers seek to secure tax credits introduced in the 2022 …

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U.S. Electric Utilities Turn to Batteries to Shift Power from Low-Price to High-Price Periods

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(Reuters) – Electric utilities in the U.S. are increasingly turning to batteries to shift power from periods of low prices to high-priced ones, according to an analysis from the U.S. Energy Information Administration. The strategy, referred to as arbitrage, involves utilities charging batteries by buying electricity during low-cost periods and then selling that electricity when …

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Lithium Battery Factory Fire in South Korea Kills 22, Mostly Chinese Migrant Workers

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The fire began after batteries exploded while workers were examining and packaging them Firefighters work to extinguish a fire at a lithium battery factory in Hwaseong on June 24, 2024. PHOTO BY YONHAP / AFP SEOUL, South Korea — A fire likely sparked by exploding lithium batteries swept through a manufacturing factory near South Korea‘s capital on Monday, killing …

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What are Biden’s New Tariffs on China Goods?

Batteries, Electric Vehicles, Energy Topics & Technology, Latest, Tri-Pinned, US News / By

(Reuters) – President Joe Biden is hiking tariffs on $18 billion in Chinese goods including electric vehicles, batteries, semiconductors, steel, aluminum, critical minerals, solar cells, ship-to-shore cranes, and medical products, while retaining Trump-era tariffs on over $300 billion in goods. The United States Trade Representative’s Office told Reuters it anticipates the effective date will be in …

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COMMENTARY: Overcoming Bottlenecks is a Prerequisite to Achieving the Energy Transition – Yogi Schulz

Batteries, Critical Minerals, Electric Vehicles, Energy Commentary, Energy Storage, Energy Topics & Technology, Environment, Geothermal, Hydro, Latest, Minerals, Net Zero, Renewable Energy, Solar, US News, Wind / By

Overcoming multiple bottlenecks will be essential for scaling up key technologies required to reduce GHG emissions and address the adverse consequences of climate change. The technologies that must be scaled up and reduced in cost are: Geothermal, nuclear, solar and wind electricity generation. Batteries and hydro storage to increase the effective production of intermittent electricity …

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Tumble in Storage Battery Costs to Boost Shift to Renewables, Says IEA

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A drone view shows California’s largest battery storage facility, as it nears completion on a 43-acre site in Menifee, California, U.S., March 28, 2024. REUTERS/Mike Blake The slide in battery costs will also help provide electricity to millions of people without access, cutting by nearly half the average electricity costs of mini-grids with solar PV …

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California Battery Plant is Among World’s Largest as Power Storage Booms

Batteries, Energy Storage, Energy Topics & Technology, Latest, US News / By

(Reuters) – A major battery plant near Los Angeles will be among the largest in the world when it comes online later this year, promising to shore up California’s power grid during the peak summer season and help the state a meet ambitious climate goals. Calpine’s billion-dollar Nova Power Bank, built on the site of …

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