Energy storage where particles are heated to 1,100 degrees and moved through a heat exchanger to generate power.
Industry seeks clarification that energy storage qualifies for ITC.
Energy storage targeting the C&I sector. 600 solar + storage installed.
Energy storage allowing for energy as a service. Project financing of energy storage projects have reached a risk parity with conventional power projects.
EU energy storage prices collapse. Prices fell 65% in 2 years. AD to Gas using covered lagoons. Reduce our greenhouse gas emissions 25% by 2025. Utility executives generally optimistic on future energy: development of innovative technologies, increased investment in disruption detection and innovation processes, and setting up accelerator or incubator programs for start-up firms. Energy efficiency production insurance. 10-30% guaranteed savings. Global market for energy-efficient building technologies expected to be $360 BN by 2026. Building energy waste from existing assets valued at over $100 BN.
US solar generation will rise 26.4% from 212,000 MWh/d in 2017 to 268,000 MWh/d in 2018 and increase 13.1% to 303,000 MWh/d in 2019.
L-Ion battery capacity to increase 3x from 175 GWH to 630 GWH by 2022.
TX 89 MW storage, 1.8 GW in the queue. Lack of a winning business model makes it unlikely that mass storage deployments will begin any time soon.
Energy storage devises planned to resemble a piece of paper. Potential uses for C&I customers.
Microgrid energy service pursued by energy majors, among others.
Horticultural lighting market is estimated grow from a $2.43 BN market this year to $6.21 BN in 2023. LED lighting cost $30/SF number for lights for a large facility. YieldCos continue to sell operating assets and use proceeds to repay debt.Energy company that provides EaaS to buildings. Awarded EaaS on 60 buildings. Relies on IoT and asset management. Offers 3 solutions (1) energy analytics, (2) emission and air quality compliance and (3) distributed energy infrastructure. 25-30% energy savings. No guaranteed savings. Addressable market: (1) 90 BN SF commercial real estate, (2) $2/SF annual energy cost and (3) 30% energy wasted. Energy developers teaming with capital providers to drive new business. 60 projects representing 46.9 MW. Electrolysis of water to produce hydrogen. CO2 mixed with hydrogen and microbes to produce protein. Animal meal supplement. Requires EPA approval. Commercial project if approved could produce protein by 2022. 20% energy savings from smart windows on commercial buildings. Global smart glass market of $3.12 BN in 2017, could be $14.24 BN by 2026. Gobal market for construction glass is forecast as $115 BN by 2020. 100% sustainable aluminum by 2020.High volatility in natural gas prices.
16 GW coal-fired power projects will retirein 2018. Coal power capacity has fallen by 1/3 since 2010.
Energy storage of Aluminium-Air batteries to extend life by lowering degradation. Adds oil around anodes during periods of no activity to restrict loss of charge.
Microgrid service with a full finance package.
Microgrid projects development in locations traditionally dominated by solar PV.
Energy storage replacing thermal power. 1.3 GW of energy storage by 2020.
Energy goals will rely on wind, solar and new technologies like CCUS, hydrogen and storage.
Oil & Gas
Natural gas supply is at a 15-year seasonal low. Natural gas prices are up more than 50% this year.
Project finance ratings criteria. Large valuation gains in early stage energy companies. Most early stage equity is in the form of convertible debt that is looking for an equity conversion, like a Series A. Opportunity zone funds created for property owners. Plastics to fuels project that recycles plastics waste at the end of its useful life using pyrolysis. 100,000 TPY of plastic waste into 16 MM GPY of ultra-low sulfur diesel fuel and naphtha blend. Offtake agreement with BP. JV to commercialize the pyrolysis technology.
By 2050, up to 90% of OECD generation will be from renewables. IEA predicts renewables will be 40% global power generation by 2040. 400 global companies, cities, states and regions set 100% renewable energy targets
Energy storage will be 7% global installed power capacity by 2040. Global energy-storage market 942 GW by 2040, will need $1.2 TN in investment. Utility-scale Li-ion storage system costs will fall 52% by 2030. CA electricity to come from carbon-free sources by 2045.
Li-ion battery cost has dropped from $599/kWh to $208/kWh.
Li-ion battery cost will be $73/kWh by 2030. Zinc-hybrid batteries currently $100/kWh. Economic benefits of energy storage (i) peak shaving, (ii) resilience and (iii) self generation.
Energy storage project using concrete blocks.
Microgrid behind-the-meter segment is poised for high growth.
Federal Reserve left rates unchanged. $6.1 TN of capital eligible for reinvestment in Opportunity Zones. Lack of readily available metrics to measure sustainability. Sustainable investment $30 TN market by 2030. Enzyme that eats plastics and enables plastics recycling.