In the first seven months of the year, 19 battery gigafactory projects were cancelled or postponed in China, according to London-based research firm Benchmark Mineral Intelligence. That has only accelerated an existing pullback of investment into battery plants as electric-vehicle manufacturers — mainly in Europe — grapple with slowing sales.
REUTERS/Andrew Boyers/File Photo Purchase Licensing Rights LONDON, Nov 21 (Reuters) - Giant batteries that ensure stable power supply by offsetting intermittent renewable supplies are becoming cheap enough to make developers abandon scores of projects for gas-fired generation world-wide.
SVolt chair Yang Hongxin has warned that fewer than 40 battery manufacturers could survive the wave of consolidation by the end of this year. “Previously, tier-2 and tier-3 battery makers participated in pricing competitions to grab more market share. Currently, even the biggest players are lowering prices,” said Yang at an event last month.
China’s Ministry of Industry and Information Technology in June finalised revised guidelines for the country’s lithium-ion battery industry, which set higher standards for energy intensity, power density, cycle life and other battery specifications.
Analysts predict that many battery gigafactory projects in Europe are likely to be delayed. CATL announced a second facility this week.
According to upstream-focused publisher Battery-News.De, as of July 2022, 1,416GWh of lithium-ion battery cell annual production capacity is planned in Europe. (An infographic map produced for the publisher is pictured below.)
Svolt, a spin-off of Chinese car maker Great Wall Motor, said it will cancel plans to build a battery manufacturing factory in Brandenburg near Berlin, Germany.. The company …
In the first seven months of the year, 19 battery gigafactory projects were cancelled or postponed in China, according to London-based research firm Benchmark Mineral Intelligence.
Not only are lithium-ion batteries widely used for consumer electronics and electric vehicles, but they also account for over 80% of the more than 190 gigawatt-hours (GWh) of battery energy …
Some proposed battery storage projects have been cancelled the US and Canada since the start of this year, after facing opposition from local communities. According …
CATL this week announced a second battery gigafactory project in Hungary, after its first in Germany which it told Energy-Storage.news was ''going smoothly as planned'' …
He cited a shortage of lithium carbonate as the main bottleneck affecting plans, and that some of the earliest projects have switched to producing lithium iron phosphate (LFP) …
AES'' Rancho Viejo Solar Project supports NM''s clean energy goals through solar energy and energy storage at this Santa Fe County hybrid clean energy ... containerized lithium-ion …
Sodium-ion is one technology to watch. To be sure, sodium-ion batteries are still behind lithium-ion batteries in some important respects. Sodium-ion batteries have lower cycle life (2,000–4,000 versus 4,000–8,000 for …
Despite falling raw material costs and U.S. policy support, North American battery suppliers are delaying or canceling planned capacity investments, market intelligence firm …
Many battery projects are attached to wind and solar, however, and the moratorium on new renewable energy has raised concern in the energy-storage sector, as well.
In fact, 1.7GW of new grid-scale front-of-the-meter (FTM) projects in the development pipeline which had expected commissioning dates in the third quarter have been …
The initial suspected cause was deemed to be "accidental ignition caused by a lithium battery failure transitioning into thermal runaway". Thermal runaway occurs when too …
Northern Lithium (UK) are leading the development of Direct Lithium Extraction (DLE), a more environmentally friendly technology for lithium production today. …
The Oneida Energy Storage Project is a 250MW/1,000 MWh advanced stage, stand-alone lithium-ion battery storage project, representing one of the largest clean energy storage projects in the world. It will deliver critical capacity and …
8 · You may have read that a 250-MW, 1,000 MWh lithium-ion battery energy storage system (BESS) is proposed for Dunkirk. The glowing coverage neglects a few key issues. It is …
NATIONAL BLUEPRINT FOR LITHIUM BATTERIES 2021–2030. UNITED STATES NATIONAL BLUEPRINT . FOR LITHIUM BATTERIES. This document outlines a U.S. lithium-based …
Data shows 68 gas plant projects cancelled or put on hold; Assessing economic case for new projects much harder; EVs could also reduce need for standby gas generation
Dive Insight: Section 301 tariffs and the Inflation Reduction Act''s 45X tax credit could make U.S.-made lithium-ion battery energy storage systems cost-competitive with …
The initial suspected cause was deemed to be "accidental ignition caused by a lithium battery failure transitioning into thermal runaway". Thermal runaway occurs when too much heat is generated...
Data shows 68 gas plant projects cancelled or put on hold; Assessing economic case for new projects much harder; EVs could also reduce need for standby gas …
Despite falling raw material costs and U.S. policy support, North American battery suppliers are delaying or canceling planned capacity investments, market intelligence firm …
In the first seven months of the year, 19 battery gigafactory projects were cancelled or postponed in China, according to London-based research firm Benchmark …
In the electrical energy transformation process, the grid-level energy storage system plays an essential role in balancing power generation and utilization. Batteries have …
More than two-thirds of the planned lithium-ion battery production capacity in Europe is at risk of delay, downsizing or cancellation mainly due to the Inflation Reduction Act …