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Wood Mackenzie: US could be a 12GWh energy storage market in 2021

Published: 9 Jun 2021, 09:56
By:
Andy Colthorpe
AES Alamitos 100MW / 400MWh battery project in California officially went online on the first day of 2021. Image: AES Corporation.
Nearly 12,000MWh of energy storage could be installed in the US during 2021 and the market will continue growing significantly over the next few years, according to research and analysis group Wood Mackenzie Power & Renewables.
The forecast has been provided in Wood Mackenzie’s latest quarterly ‘US energy storage monitor’ report, which is published in partnership with the industry’s national Energy Storage Association (ESA). Along with that massive figure for this year Wood Mackenzie in March said that 2020 deployments were about 1,500MW / 3,500MWh the group is predicting that by 2026 the US will be a 33GWh annual market, worth around US$8.5 billion. ....

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DHYBRID installs microgrids on 26 Maldivian islands to reduce diesel reliance

Microgrids have been installed on 26 Maldivian islands by DHYBRID, with 3.2MWh of battery storage systems having gone in. ....

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Electric vehicle boom to trigger spending of $560 billion to build Li-ion battery factories this decade

Electric vehicle boom to trigger spending of $560 billion to build Li-ion battery factories this decade ....

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Welcome To IANS Live - LatestNews - Fossil won't upgrade existing watches to Google-Samsung Wear OS

Instead, the company is planning to launch a premium Gen 6 smartwatch that will run on Google s revamped operating system with ....

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Lithium demand sees battery firms expand

Lithium demand sees battery firms expand
By CAO YINGYING |
China Daily |
Updated: 2021-06-07 09:57
Visitors check out BYD s blade-shaped battery at this year s Shanghai auto show, held from April 19-28. [Photo provided to China Daily]
Chinese corporations boosted as Europe and South America among largest areas of growth
Chinese lithium companies are accelerating their entry into overseas markets as demand in the renewable energy industry surges.
Ganfeng Lithium Company, based in Jiangxi province, signed a deal with Argentina to build a lithium-ion battery factory in Jujuy province last month.
The project, in which Ganfeng has a 51 percent stake, will produce 40,000 metric tons of lithium carbonate equivalents per year and is scheduled to begin production in the first half of next year. ....

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