Posted on 06/10/2022 4:12:39 PM PDT by george76
The shortage threatens the pace of the U.S. transition away from fossil fuels as the Biden administration seeks to decarbonize the grid by 2035..
U.S. renewable energy developers have delayed or scrapped several big battery projects meant to store electrical power on the grid in recent months, scuttling plans to replace fossil fuels with wind and solar energy.
At least a dozen storage projects meant to support growing renewable energy supplies have been postponed, canceled or renegotiated as labor and transport bottlenecks, soaring minerals prices, and competition from the electric vehicle industry crimp supply.
....
Storing power is considered vital to the expansion of solar and wind energy because it allows electricity generated when the sun is shining or wind is blowing to be used at the end of the day when consumers need it most.
The delays span states including California, Hawaii and Georgia, with battery providers including Tesla and Fluence warning of disruptions to supply
...
European energy storage projects are also facing delays
....
Energy storage makes up about 3% of U.S. operating clean energy capacity
...
Prices for lithium-ion batteries, three-quarters of which are produced in China, have soared as much as 20% since last year as lithium and nickel costs rise
....
the International Energy Agency says. Battery storage needs to reach 585 GW by 2030 to decarbonize the global power sector, a 35-fold increase from 2020.
...
In Hawaii, utility Hawaiian Electric is seeing delays in solar and storage projects it contracted to help replace the state's only coal-fired power plant, set to retire in September.
...
Hawaiian Electric spokesperson Sharon Higa said the utility expected just 39 MW of the 378.5 MW of solar and storage it procured to be in service prior to the AES coal plant retiring.
(Excerpt) Read more at foxbusiness.com ...
Lithium-ion batteries ‘keeping the fire alive’ on burning cargo ship carrying 4,000 luxury EV cars... it later sank.
https://freerepublic.com/focus/f-news/4040097/posts
Putin has to go now. They cannot go green without Russian natural resources. And… slave labor from Mexico.
Giving CHINA our national security, perfect
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.