VFBATTERY REPORT

Technology Applications

Pages 71–95 (25 pages)

Battery Report 2022, page 95: Technology Applications
Text on page 95

More long-duration storage expected to enable higher penetration levels of variable renewable power sources

Li-ion batteries, while providing strong peak power demands in the 6-8 hour range, are not cost-competitive to provide multi-day storage that may be needed for reliability events & lack of solar/wind coverage Company

Technology

Duration (Single Cycle)

2022 Developments

Iron-Air battery

100-150 hours

Announced partnership with West Virginia government for a $760 million battery plant in Weirton

Raised $450 million in Series E funding led by TPG RiseClimate

High-temperature Antimony-based liquid metal batteries

4-24 hours

Announced partnership with XCel Energy for a liquid battery system installation in Aurora, CO to evaluate performance at Solar Technology Acceleration Center

Nickel-Hydrogen battery

8 hours

Launched EnerVenue Energy Storage Vessels (ESVs) with buildable flexible capacity

Cryogenic storage / Liquid air

1 hour (peak demand)

Announced plans to raise £400m for Manchester plant to service 600,000 homes with liquid air energy storage

Electro-thermal

200 hours

Industry: Technology Applications BatteryBits (Article 1, Article 2)

Announced that Southwest Research Institute (SwRI) completed assembly & commissioning of the 1st-of-a-kind PHES utility-scale ESS as part of a grant from ARPA-E

Volta Foundation

Extracted from the PDF; charts and images may read imperfectly.

Page 95 · 25/25