Cost Of Decarbonizing U.S. Power Grid Put At $4.5 Trillion

Decarbonizing the U.S. power grid rapidly will cost $4.5 trillion, according to a new report from the energy consultancy and research firm Wood Mackenzie. For context, the 2018 U.S. military budget was $700 billion. A huge rollout of wind and solar power generation, a reinforced transmission network and the vast deployment of energy storage will be … Read more

Liquid-Air Storage offers GWh of storage at half cost of lithium

The most established methods of energy storage (pumped hydro, batteries, and green hydrogen) all have their drawbacks, being expensive or geographically constrained. But a breakthrough low-cost, build-anywhere solution may have been found, thanks to a privately-funded UK-based company that has been quietly developing its unique technology for the past 14 years. Highview Power’s liquid-air energy … Read more