caes – Thinking Port

New Energy Storage Systems From Thin (Compressed) Air Can Compete With Li-Ion Batteries

June 5, 2024 admin bnef, bnef (bloomberg new energy finance), caes, clean power, compressed air energy storage, compressed air energy storage (caes), Energy Storage, hydrostor, long-duration energy storage, Solar energy, wind energy

Credit to Author: Tina Casey| Date: Mon, 03 Jun 2024 14:53:56 +0000

A new analysis indicates that compressed air energy storage systems can beat lithium-ion batteries on capex for long duration applications.

The post New Energy Storage Systems From Thin (Compressed) Air Can Compete With Li-Ion Batteries appeared first on CleanTechnica.

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MHPS, Magnum Will Build 1-GW Renewable Energy Storage Facility in Utah

May 30, 2019 admin Business, caes, cavern, Energy Storage, Environmental, flow batters, Gas, gas turbines, hydrogen, jac, Markets, mhps, news, Renewables, salt dome, solid oxide storage, supply chains, T&D, Technology

Credit to Author: Sonal Patel| Date: Thu, 30 May 2019 15:02:47 +0000

Mitsubishi Hitachi Power Systems (MHPS) and Magnum Development, the owner of a large and geographically rare underground salt dome in Utah, have teamed to develop a massive project that could store up 1,000 MW of renewable energy year-round and provide it to variability-challenged Western power markets. The companies this week signed a memorandum of understanding […]

The post MHPS, Magnum Will Build 1-GW Renewable Energy Storage Facility in Utah appeared first on POWER Magazine.