News

International Coalition leading forward momentum for energy storage

Efforts to advance energy storage recently crossed national borders with the development of the International Coalition for Energy Storage and Innovation (ICESI).

Though the organization just held its inaugural meeting this year, its ranks include the U.S.–particularly the Pacific Northwest National Laboratory–China, Spain, Germany, Italy, Japan, and Korea. Their role is to connect researchers with industry and addressing the development and deployment of energy storage technology.

“As part of a scientific force that focuses on development of important energy storage solutions for industry, we understand that the need for such technologies goes beyond U.S. borders,” Wei Wang, a senior scientist heading stationary energy storage research and development at PNNL, said. “We knew an organization like ICESI is critical to bring the minds of the international energy storage community together to solve challenges impacting many countries.”

According to Greentech Media, the energy storage market could reach as high a worth as $3 billion by 2022. For perspective, that is 10 times what it was just two years ago. To address this, ICESI has created a series of committees built around specific energy storage issues: lithium-ion batteries, redox flow batteries, and long-term research, for example. With international backing, an annual report of the organization’s–and therefore, energy storage’s–progress will be conducted.

ICESI’s second meeting will not take place until 2019.

Chris Galford

Recent Posts

Biden Administration provides guidance on Qualifying Advanced Energy Project Tax Credit

The Department of Energy (DOE), along with U.S. Department of the Treasury and the Internal Revenue Service (IRS) issued guidance…

14 hours ago

Ameren Illinois to upgrade underground natural gas storage fields for reliability assurance

In a bid to diversify its energy portfolio and improve winter reliability, Ameren Illinois recently announced plans to upgrade infrastructure…

14 hours ago

Duke Energy completes upgrades to pumped storage facility in South Carolina

Duke Energy finished upgrades to the four units at the Bad Creek pumped storage facility in Salem, S.C., adding 320…

14 hours ago

WEC Energy Group to secure 90 percent ownership of 300 MW Texas solar project

The Delilah I Solar Energy Center in Dallas, Texas will soon gain a new majority owner, ahead of its June…

14 hours ago

Vogtle Unit 4 nuclear power plant enters commercial operation in Georgia

Plant Vogtle Unit 4 officially entered commercial operation this week and is now serving customers in the state of Georgia,…

2 days ago

Auburn University, Oak Ridge National Lab to create pilot SE Regional Cybersecurity Collaboration Center

Thanks to a $10 million grant award from the U.S. Department of Energy (DOE), Auburn University’s McCrary Institute for Cyber…

2 days ago

This website uses cookies.