The United Kingdom and Germany are ready to expand their cooperation in offshore wind and take the lead on hydrogen production in Europe. Together, the two countries are home to 85% of Europe’s installed offshore wind farms whose excess low-cost electricity output can be used to produce hydrogen, which can then be stored in the natural gas grid.
Tesla’s decision to build Gigafactory-4 – its first European factory for battery cells and e-vehicles – in German is expected to bring an “enormous boost” for the country's lagging shift to electric mobility. Economy minister Peter Altmaier called the surprise announcement by Tesla CEO Elon Musk a "milestone" for the production of battery cells production and the rollout of e-mobility.
Sun-soaked Saudi Arabia is taking steps to use excess renewable energy to evolve into a global supplier of commercially competitive hydrogen. Mitsubishi Hitachi Power Systems (MHPS), developer of a large hydrogen gas turbine, says Saudi Giga-scale projects like NEOM can help the kingdom achieve its transformation to a ‘Hydrogen Society’.
Nearly all utility-scale battery systems installed in the United States over the past five years use lithium-ion technology, according to government findings. Provided all battery system additions will be completed as planned, and no capacity is retired, the total battery storage capacity in the U.S. could exceed 2,500 MW by 2023.
On-site power provider Cummins and researchers at the University of California (UC) San Diego are looking into how to reuse and repurpose electric vehicle (EV) batteries for energy storage. The focus lies on lithium-ion batteries, which are currently recycled at a rate of less than 5% in the U.S. market.