Energy Storage Continues in the News
May. 13th, 2009 03:28 pmA player like GE could really move the ball in a serious way on storage technologies. Not unlike what they've done in other energy sectors recently. Coming next, hybrid locomotives.
GE Aims to Provide Energy Storage for Trains, Power Grid - Seeking Alpha - 12 May 09
"Sodium batteries haven't proliferated in the market – despite the clamor among investors, utilities and futurists for energy storage solutions – for two reasons. First, the price remains high, about $4,000 to $3,000 per kilowatt-hour, according to Sam Jaffe, senior research analyst with IDC's Energy Insights.
Second, there aren't many manufacturers. Japan's NKG Insulators is the principal large manufacturer of sodium-sulfur batteries and most of capacity for the next two years is sold out, according to Jaffe. The company has participated in trials with American Electric Power (AEP) and Xcel Energy (XEL) and inked deals to sell batteries to the Middle East. In the U.S. startups like GeoBattery concentrate in this area.
GE will come into the market with heft, credibility and, perhaps most important of all, a potential customer base. It will put its first sodium batteries in its own hybrid locomotive in 2010. Afterward, it will look at other transportation markets and the grid."
GE Aims to Provide Energy Storage for Trains, Power Grid - Seeking Alpha - 12 May 09
"Sodium batteries haven't proliferated in the market – despite the clamor among investors, utilities and futurists for energy storage solutions – for two reasons. First, the price remains high, about $4,000 to $3,000 per kilowatt-hour, according to Sam Jaffe, senior research analyst with IDC's Energy Insights.
Second, there aren't many manufacturers. Japan's NKG Insulators is the principal large manufacturer of sodium-sulfur batteries and most of capacity for the next two years is sold out, according to Jaffe. The company has participated in trials with American Electric Power (AEP) and Xcel Energy (XEL) and inked deals to sell batteries to the Middle East. In the U.S. startups like GeoBattery concentrate in this area.
GE will come into the market with heft, credibility and, perhaps most important of all, a potential customer base. It will put its first sodium batteries in its own hybrid locomotive in 2010. Afterward, it will look at other transportation markets and the grid."