1. Articles from cnbc.com

  2. 1-9 of 9
    1. GM, LG Chem to Announce EV Battery Joint Venture in Ohio

      GM, LG Chem to Announce EV Battery Joint Venture in Ohio

      South Korea’s LG Chem said it would invest $916 million in its U.S. subsidiary by 2023 to set up an electric vehicle battery joint venture with General Motors. The facility, expected to be located in the Lordstown area of Ohio, would see an investment of more than $2 billion, with GM and LG Chem expected to invest more than $1 billion each. A GM-LG plant could be the first unionized battery factory in the U.S. Teslas factory and LG Chems battery factory in Michigan do not have unions.

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      Mentions: GM U.S. Michigan
    2. The Business Using A.I. to Change How We Think About Energy Storage

      The Business Using A.I. to Change How We Think About Energy Storage

      California-based Stem is using artificial intelligence to help businesses store energy on a large scale.The idea is to pair artificial intelligence (AI) with energy storage so that businesses and organizations can, according to Stem, “automate energy cost savings and protect against changing rates.” Customers include major firms like Adobe Systems, Bed Bath & Beyond and Whole Foods Market.

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      Mentions: Stem
    3. How Smart Cities are Building the Future

      How Smart Cities are Building the Future

      Smart cities are coming. Municipal governments around the globe are employing big data and Internet-of-Things applications to improve many aspects of daily life. Major tech companies like IBM, Cisco and Microsoft are in on the trend, and are battling for a slice of the $15 billion that's projected to be spent on software by 2021, according to Juniper Research.

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      Mentions: IBM
    4. Low-Cost Saltwater Battery Wins $500,000 Award

      Low-Cost Saltwater Battery Wins $500,000 Award

      A relatively cheap and environmentally friendly battery that uses saltwater and other commonly available materials to solve one of the biggest technical challenges facing renewable energy technologies was awarded a prize whose past recipients have gone on to have significant impact on technology and society at large. An Aqueous Hybrid Ion battery roughly the size of a dishwasher or small refrigerator potentially stores enough solar or wind energy to power a single-family home completely off the grid in a region where sunlight is relatively plentiful, according to Dr. Jay Whitacre, a professor of materials science at Carnegie Mellon who invented the battery.

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      Mentions: Texas MIT Aquion
    5. Is This a Revolution in Energy Storage?

      Is This a Revolution in Energy Storage?

      The idea is that the Younicos storage system is able to react quickly to the peaks and troughs of energy demand, lessening the need for conventional power stations which, while quick, can cause pollution. Younicos' vision is for a totally renewable energy supply and the company states that "energy storage is the key to increase the hybridization of renewable and conventional energy systems and maintain grid stability."

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      Mentions: Europe Germany Eguana
    6. Does Mars Have the Answer to Storing Energy?

      Does Mars Have the Answer to Storing Energy?

      It's a key problem for the energy industry: finding a way to store electricity to use when demand is at its highest or when none can be generated. And energy storage is one of the United States Office of Electricity Delivery & Energy Reliability's top priorities. Any significant advance in this area would, according to its website, "represent a major breakthrough in electricity distribution… These devices can also help make renewable energy, whose power output cannot be controlled by grid operators, smooth and dispatchable."

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    7. Stanford Breakthrough Might Triple Battery Life

      Stanford Breakthrough Might Triple Battery Life

      Annoyed by how often your cellphone needs recharging? Stanford researchers say they've made a major step toward the "holy grail" of energy storage — a pure lithium battery. A team that includes former Energy secretary Steven Chu says it's building a lithium anode battery that might give electric vehicles a 300-mile driving range and triple a cellphone's juice. Stanford professor Yi Cui says it will likely take three to five years, though, to bring the product to market.

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      Mentions: U.S. Texas A123
    1-9 of 9
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