Digital Habitats site is for the private development of communities. Signup to this site to get an account and password for access to customized content.

energy storage RSS

energy storage, green mining -

Contemporary Amperex Technology Co Ltd.ย has agreed to acquireย Millennial Lithium Corp.ย in an all-stock cash deal valued at around C$377 million ($297 million) as the the worldโ€™s largest maker of electric-vehicle batteries continues to pursue a strong supply of a key battery-making mineral. Ningde, Fujian-based CATL will pay C$3.85 per common share of Millennial, payable in cash, according to aย statementย Tuesday. That represents a premium of about 29% over Millennialโ€™s 20-day average closing price in Vancouver trading, according to the statement.ย  Bloomberg originally reported that CATL was theย mysterious bidderย for Vancouver-based Millennial, trumping a C$353 million offer by Ganfeng Lithium Co. made in July....

Read more

energy storage, molten salts -

ย  ย  As renewable forms of power like wind and solar continue to gain prominence, there will be a need for creative solutions when it comes to storing energy from sources that are intermittent by nature. One potential solution is known as a molten salt battery, which offers advantages that lithium batteries do not, but have their share of kinks to iron out, too. Scientists at Sandia National Laboratories have come up with a new design that addresses a number of these shortcomings, and demonstrated a working molten salt battery that can be constructed far more cheaply, while storing more...

Read more

energy storage -

A cheap and abundant material like salt might have plenty to offer the world of science, and one field where it could have game-changing effects is battery chemistry. Leveraging salt could help us avoid much of the cost and difficulty in sourcing scarcer lithium, and Chinese giant CATL is looking to lead the charge by launching its first commercial sodium-ion battery. Like lithium batteries that power smartphones, laptops and much of the modern world, sodium batteries also shuttle ions between two electrodes as the device is charged and discharged. But sodium ions present a few problems that lithium ions don't....

Read more

energy storage -

Sandia National Laboratories' new molten sodium battery for grid-scale storage is cheaper and operates at lower temperatures. There is a growing need for creative solutions for storing excess renewable power from sources that are intermittent by nature, like wind and solar. Molten salt batteries (commercially known asย sodium-sulfurย batteries) are one potential solution already in use. They offer advantages that lithium-ion batteries donโ€™t, albeit having a few cons of their own. For one, they typically operate at a high 520 to 660ยฐF (270 to 350ยฐC). But now, scientists at Sandia National Laboratories made aย new design, rethinking the batteryโ€™s chemistry altogether to get...

Read more

energy storage -

Milan-based Energy Domeโ€™s power-storage system promises highest round-trip efficiency yet for long-duration energy storage, CEO Claudio Spadacini tells Recharge Italian start-up Energy Dome says that its new long-duration โ€œCO2ย batteryโ€ system, which only uses off-the-shelf equipment will achieve a levelised cost of storage (LCOS) of $50-60/MWh in the next few years. That would be more than twice as low as the LCOS of lithium-ion batteries โ€” $132-245/MWh, according to Lazard โ€” and almost twice as cheap as current long-duration storage market leader Highview Powerโ€™s CRYObattery ($100/MWh,ย according to a 2019 interview withย Recharge). Chief executive Claudio Spadacini tellsย Rechargeย that Energy Dome's thermodynamic liquid-CO2 system...

Read more

Tags