Energy storage trendind news

Here are some trending news and updates on energy storage:

1. Record-Breaking Energy Storage Deployment: According to a report by Wood Mackenzie, energy storage deployment reached a record high in 2020, with 14.4 GWh of new capacity added globally. (Source: Wood Mackenzie)

2. Lithium-Ion Battery Prices Continue to Fall: The cost of lithium-ion batteries, the most common type of energy storage technology, has fallen by 80% over the past decade, making them more competitive with fossil fuels. (Source: BloombergNEF)

3. Flow Batteries Gain Traction: Flow batteries, which store energy in liquid electrolytes in external tanks, are gaining popularity due to their scalability and long-duration capabilities. (Source: Energy Storage News)

4. Solar + Storage Systems on the Rise: The combination of solar panels and energy storage systems is becoming increasingly popular, with installations growing by 40% in 2020. (Source: Wood Mackenzie)

5. Grid-Scale Energy Storage Projects: Several large-scale energy storage projects are being developed around the world, including a 1.2 GWh project in California and a 1.1 GWh project in Australia. (Source: Energy Storage News)

6. Advances in Sodium-Ion Batteries: Sodium-ion batteries, which use abundant and inexpensive sodium instead of lithium, are being developed as a potential alternative to lithium-ion batteries. (Source: Science Magazine)

7. Energy Storage for Electric Vehicles: As electric vehicles (EVs) become more popular, energy storage systems are being designed to support EV charging infrastructure and provide backup power during outages. (Source: Green Tech Media)

8. Regulatory Support for Energy Storage: Governments around the world are implementing policies to support the growth of energy storage, including tax credits, grants, and net metering laws. (Source: Energy Storage Association)

9. Energy Storage for Renewable Energy Integration: Energy storage is playing a critical role in integrating renewable energy sources into the grid, helping to stabilize the grid and ensure a reliable supply of electricity. (Source: Renewable Energy World)

10. Energy Storage for Microgrids: Energy storage is being used to create microgrids, which are small-scale, local energy systems that can operate independently of the main grid. (Source: Microgrid Knowledge)

These are just a few of the trending news and updates on energy storage. As the industry continues to evolve, we can expect to see even more innovative applications and advancements in energy storage technology.