By Carlo Brovero, Storen Technologies*
Long-term energy storage and battery technologies are both essential components of a renewable energy transition, and never before has that been so clear. Recent developments in this sector are bringing new light to this emerging technology. We’re looking at a few of the most interesting energy storage technology developments below.
US Department of Energy Commits $30 Million to Long-Term Energy Storage Solutions
In May 2018, the US DOE made a $30 million funding commitment to long-term battery solutions through its Advanced Research Projects Agency-Energy (ARPA-E) office. In its funding, it chose to define “long-term” as starting at 10 hours and extending up to 100 hours of stored energy to help secure storage for the grid.
Funding from the new program, called Duration Addition to ElectricitY Storage (DAYS), is open to any technology able to meet siting, output, and cycle requirements. Read more here.
The Latest Development in Energy Storage Technology
While much of the conversation about battery storage – that which powers our phones and our electric cars – is focused on lithium-ion batteries, three important words are expected to help in the transition to clean energy: Vanadium Flow Battery.
Vanadium flow batteries are a residential and utility-scale solution for long-term storage. To learn more about how this battery technology is different and how vanadium flow batteries change the landscape of long-term energy storage, read our article about the benefits of vanadium flow batteries.
Understanding Battery Life
The impact of battery life can be seen across our lives, whether you’re dealing with your daily smartphone usage or thinking about emergency power systems in times of crisis. The challenge of extending battery life is a key research area for innovators across sectors.
What allows a battery to hold more energy? How do batteries lose energy? What affects battery life in the short and long term? In this article, we dive into how to understand battery life, and why it’s important to have multiple types of battery options.
Vanadium Redox Batteries are leading the flow battery market as an energy storage solution, helping to bring solar power generation across the globe. The future value of solar power is dependent on the availability of storage. And the future of clean energy depends on the creation of new technologies and business models.
To learn more about vanadium flow batteries and long-term energy storage solutions, check out StorEn’s CTO, Angelo D’Anzi, at the coming NY-BEST Fall Conference (Binghamton, NY). This one-day conference will showcase some amazing speakers from the rapidly growing field of clean energy. D’Anzi and the StorEn team will present on the future of clean energy and their vanadium solution. Interested investors can also join the revolution by investing in the future of clean energy with their equity crowdfunding campaign.
*Editor’s note: This post is sponsored by StorEn Technologies. Clearly, this is a promotional pitch. We do not have enough proprietary information to fully judge the merits of one energy storage company versus another, but we would not run a sponsored post from an energy storage company we thought did not have notable competitive advantages that might lead to the company significantly helping society as a whole. That said, we also are not prophets regarding this fast-moving, nascent, rapid-growth industry. We understand that we have solar and storage professionals among our readership who have varying opinions of the merits of different technologies, so we do encourage that more detailed debate if you feel compelled to get into it. Also, while we at CleanTechnica do like to promote companies and technologies we think are helping the world and have a bright future, we do not provide investment advice — use your own judgement or consult an investment professional if you are thinking about putting investment into a company or project.