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Washington, D.C. — The U.S. Department of Energy (DOE) today announced $45 million for projects that will help seamlessly integrate clean energy sources onto the grid, supporting the Biden Administration’s goal of a decarbonized power sector by 2035. As solar and other renewable energy are rapidly deployed throughout the country, these projects are developing new technologies and capabilities to bolster the resilience of the U.S. electric grid. The funding, which also creates a new $25 million consortium, will advance the domestic manufacturing of solar energy and electric grid technologies.

“To flip the switch on climate change, we need a grid that’s chock full of renewable energy that’s also cheap and accessible,” said Secretary of Energy Jennifer M. Granholm. “The universities, small businesses, and national lab behind these projects are building the critical components of America’s future grid, making it more resilient on our way to a 100% clean power system.”

Renewable energy is America’s largest source of new electricity generation, with hundreds of gigawatts of solar and wind expected to come online in the next 15 years. Maintaining a reliable, high-renewable grid requires technologies and industry standards that can seamlessly coordinate renewable resources and restart the grid if it goes down. When the power goes out today, a grid operator must first turn on a spinning turbine — often times from a coal or gas-fired power plant — that sends a signal for other power sources to match. Grid-forming inverters will allow renewable sources to create that signal, eliminating the need for a turbine.

The selected projects will:

  • Create a public-private consortium on grid integration technology (Award amount: $25 million) — The National Renewable Energy Laboratory, the University of Washington, and the Electric Power Research Institute will co-lead an industry-wide consortium to advance research on grid-forming inverters — an emerging technology that allows solar and other inverter-based energy sources to restart the grid without a spinning turbine, typically a oil or coal-fired power plant. This consortium will include national labs, universities and minority-serving institutions, equipment manufacturers, utilities, and bulk power system operators.
  • Provide utilities better data about rooftop solar power generation (Award amount: $6 million) — Two projects led by GridBright, Inc. (Alamo, California) and the University of Pittsburgh (Pittsburgh, Pennsylvania) will develop sensor hardware and system designs that will help utilities understand how much renewable energy is being generated by residential and commercial solar photovoltaics (PV), strengthening reliability of the electricity grid.
  • Advance the commercialization of American-made solar innovations (Award amount: $14 million) — Nine solar hardware and manufacturing projects will receive DOE funding to accelerate the commercialization of innovative technologies that can lower the cost of solar technologies and help to integrate solar electricity into the nation’s energy grid. Among the projects include a new solar heat system to dry out sewage and convert it to fertilizer, which would help decarbonize the agricultural, wastewater, and industrial sectors and  a project to develop a low-cost device to help prevent solar system electrical fires.

“Investments in clean and renewable energy infrastructure are a big reason why Washington state continues to lead in innovation and technological development. I am so glad to see this important funding go towards projects that will promote energy security, meet domestic demands, and create good-paying manufacturing jobs. This is an important step towards ensuring Washington state leads in solar energy and grid reliability,” said U.S. Senator Patty Murray (WA).

“Adding more renewable energy to the grid is key to fighting climate change, but it has its challenges. I am pleased that the Department of Energy is investing in researching and demonstrating innovative technologies that will help communities deploy more solar energy and create a more reliable grid. These awards are a testament to all of the innovative work being done by universities and companies all over the Pittsburgh area. We have been leaders in innovation for centuries and as that tradition continues, I will work to ensure that DOE and our institutions have the resources they need to keep innovating,” said U.S. Congressman Mike Doyle (PA-18).

“The Department of Energy’s investment in innovative local projects is the spark Northwest Washington needs to be a leader in solar manufacturing. I will continue to champion bold, FDR-like investment in the development of clean technologies to create well-paying jobs, bolster grid resiliency and competitiveness, and fight climate change,” said U.S. Congressman Rick Larsen (WA-2).

“Congratulations to Golden’s own Alliance for Sustainable Energy (NREL). The Alliance is bringing us closer to a cleaner future through its work in advancing energy efficiency and renewable energy initiatives and improving grid reliability for the nation,” said U.S. Congressman Ed Perlmutter (CO-07).

“Investing in clean energy technologies like solar not only helps us combat climate change, it strengthens our energy and manufacturing sectors, creating good jobs while building the economy of the future. I’m so thrilled that Louisville’s own Bert Thin Films is leading the way in this industry, working to reduce costs and expand access to an inexhaustible clean energy source. I congratulate Thad and Ruvini on earning this highly sought-after Department of Energy funding to continue their great work here in Louisville,” said U.S. Congressman John Yarmuth (KY-3).

“Congratulations to Gridbright for being awarded this funding to advance their solar manufacturing and grid reliability projects. These initiatives are crucial for meeting the needs of the 21st century here in Contra Costa and across the country,” said U.S. Congressman Mark Desaulnier (CA-11).

WATCH: ‘What is Grid Integration’

The projects are part of DOE’s Solar Energy Technologies Office Fiscal Year 2021 Systems Integration and Hardware Incubator funding program of the Office of Energy Efficiency and Renewable Energy (EERE). EERE’s mission is to accelerate the research, development, demonstration, and deployment of technologies and solutions to equitably transition America to net-zero greenhouse gas emissions economy-wide by no later than 2050. The projects and work supported through EERE aim to ensure the clean energy economy benefits all Americans, creating good paying jobs for the American people — especially workers and communities impacted by the energy transition and those historically underserved by the energy system and overburdened by pollution.

Learn more about these projects, the DOE Solar Energy Technologies Office’s research priorities in manufacturing and competitiveness and systems integration, and EERE’s Wind Energy Technologies Office.

Article courtesy of Energy.gov

 

 
 

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CATL unveils world’s first LFP battery with 4C ultra-fast charging for 370-mi in 10 mins

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CATL unveils world's first LFP battery with 4C ultra-fast charging for 370-mi in 10 mins

A new EV battery that can add 370 miles (600 km) range in 10 minutes? China’s CATL introduced its new Shenxing Plus EV battery, capable of just that. CATL claims the new EV battery is the world’s first with 4C ultra-fast charging and +620 miles (1,000 km) CLTC range.

CATL reveals world’s first 4C ultra-fast charging battery

CATL continues advancing EV battery tech as it aims to develop longer-range, faster charging units.

The EV battery giant dominates the industry after leading again in 2023 for the seventh straight year. CATL’s EV battery consumption reached 259.7 GWh last year. Meanwhile, total battery consumption rose to 705.5 GWh globally.

CATL’s share of the market reached as high as 36.8% in 2023, nearly 21% ahead of its closest rival, BYD.

Last summer, CATL revealed its Shenxing SuperFast Charging Battery, capable of adding 248 miles (400 km) in 10 minutes.

Its latest battery, Shenxing Plus, uses cheaper, more advanced lithium iron phosphate for even faster charging.

CATL said the new EV battery is the world’s first with 4C ultra-fast charging and +620 miles (1,000 km) CLTC long-range capabilities. The new battery can gain a one-km range in as little as one minute. Even at extreme temperatures as low as -20°C (-4°F), the new battery offers superfast charging.

To improve the energy density, CATL introduced its in-house 3D honeycomb material. As a result, the Shenxing Plus has an energy density of 205 Wh/kg, comparable to most traditional NCM batteries.

LFP batteries are typically cheaper but are known to offer lower energy density. CATL’s new battery looks to change that.

In January, CATL said it would reduce the cost of LFP batteries per kWh by a massive 50% by the middle of 2024. It looks like it’s well on its way. You can watch CATL’s 2024 product launch below.

CATL 2024 product launch (Source: CATL)

Electrek’s Take

With cheaper, more efficient EV batteries coming out of China, the country looks to solidify its position as the world’s largest electric car market.

In February, CATL formed an “all-star” lineup with other Chinese automakers and battery makers, such as BYD and NIO, to develop new solid-state batteries.

BYD and CATL already supply batteries to Tesla, Ford, BMW, Toyota, Kia, Mercedes-Benz, and Toyota. With even cheaper, more advanced battery tech launching, CATL is enabling more buyers globally to go electric.

Although most automakers have announced plans to develop batteries, how do they plan to keep up with CATL if it’s already this far ahead?

Source: CarNewsChina, CATL

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Oil prices pull back as U.S. economic growth disappoints

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Oil prices pull back as U.S. economic growth disappoints

A view of oil-well in action during sunset at Elk Hills Oil Field as gas prices on the rise in California, United States on April 14, 2024. 

Tayfun Coskun | Anadolu | Getty Images

Crude oil futures pulled back Thursday after U.S. economic growth disappointed.

Gross domestic product was much softer than expected in the first quarter, coming in at 1.6% on an annualized basis compared with 2.4% expected by a Dow Jones survey of economists.

Slower economic growth can weigh on crude oil demand. Prices turned negative after moving higher earlier in the session.

Here are today’s energy prices:

  • West Texas Intermediate June contract: $82.45 a barrel, down 36 cents or 0.43%. Year to date, U.S. oil has gained about 15%.
  • Brent June contract: $87.62 a barrel, down 40 cents or 0.45%. Year to date, the global benchmark has added about 14%.
  • RBOB Gasoline May contract: $2.72 a gallon, down 0.36%. Year to date, gasoline futures are up about 29%.
  • Natural Gas May contract: $1.62 per 1,000 cubic feet, down 1.63%. Year to date, gas is down about 35%.

Oil prices closed lower Wednesday as Goldman Sachs saw a slightly bearish market with global inventories on the rise. U.S. crude is down about 1% this week while Brent is up 0.3%.

Oil Prices, Energy News and Analysis

Crude oil futures have shed $2.50 in geopolitical risk premium since last week as tensions between Israel and Iran have eased, according to analysts at Piper Sandler.

Oil prices are currently moving sideways but downside risk seems limited, Jan Stuart, Piper’s energy analyst, told clients in a research note.

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WTI v. Brent

Piper has reduced the odds of a U.S. recession to a coin flip, Stuart said. Unemployment is low, sentiment is OK and the outlook is not bad, he said. This means growing demand for oil with refiners running closer to capacity and smaller capacity additions, Stuart said.

Don’t miss these stories from CNBC PRO:

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Gogoro’s new lower-cost electric scooter breaks sales records, begins shipping

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Gogoro's new lower-cost electric scooter breaks sales records, begins shipping

After recently launching its newest electric scooter, the Gogoro JEGO Smartscooter, deliveries of the hot-selling electric scooters are ready to begin. This marks a new page for Gogoro, the world’s largest battery-swapping network operator, and makes swappable battery electric scooters more affordable than ever.

The Gogoro JEGO launched in Taiwan last month, quickly racking up over 6,500 fully-paid pre-orders in that short time.

Gogoro already dominates the local market with around a 90% share of new electric scooter registrations in Taiwain. According to Gogoro, JEGO sales are showing the strongest demand for a Gogoro vehicle since the beginning of the pandemic.  The company’s domestic market of Taiwan is by far its largest, though Gogoro scooters and battery swapping stations have now expanded to much of Asia as Gogoro expands its footprint.

With an introductory price that drops as low as just US $760 after government subsidies, the JEGO is positioned as an affordable new model to open up the local market further and entice more price-sensitive combustion engine scooter riders.

The scooter was built around Gogoro’s well-known battery standard, allowing one or two battery packs to power the vehicle around cities and urban areas. Riders buy the scooter but don’t own the batteries, instead subscribing to a swapping plan. That helps reduce the price of the scooter further and ensures Gogoro can get the longest life out of the batteries possible via intelligent charging and swapping doctrines. Having started its swapping programs back in 2015, Gogoro has learned that its batteries are lasting even longer than originally anticipated, with a new estimated lifespan of around 12 years.

An affordable new battery-swapping subscription plan was also announced along with the JEGO, offering new riders a US $7/month plan to cover up to 1,000 km (621 miles) of riding per month when signing up for a three-year plan.

The JEGO’s goal of converting existing combustion engine scooter riders over to electric seems to be working well.

“JEGO has touched a positive chord with a new market segment of Taiwan riders – nearly all of our 6,500 pre-order customers are first-time EV riders. They are looking for a smart, convenient, and sustainable vehicle and are not just embracing JEGO’s innovation and design but also access to Gogoro’s vast battery-swapping network,” said Horace Luke, founder and CEO of Gogoro. “Initial JEGO sales are surpassing our expectations and showing the strongest demand we’ve seen since the beginning of the pandemic. With deliveries beginning this week, we expect to realize JEGO’s pre-order revenue this quarter.”

At the same time as Gogoro expands its entry-level offering with the JEGO, Gogoro is also preparing for the rollout of its recently revealed premium-level Gogoro Pulse. That high-performance model, which also uses the same Gogoro swappable battery packs, includes a number of automotive-style features never before seen in the electric scooter market.

The dual-pronged approach reveals Gogoro’s ability to innovate on both ends of the market, serving both entry-level riders and higher-performance enthusiasts.

gogoro battery swap

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