POV: Power Breakfast

Power Breakfast for August 31, 2016

EV batteries as grid-connected energy storage; Natural gas prices fluctuate during hurricane season


POV: Power Breakfast

A nearly daily update of energy-related news:

  • It is estimated that by 2020, there will be approximately 1,250,000 EV batteries approaching the end of their initial use. According to a Bloomberg New Energy Finance report, discarded EV batteries with remaining storage could be repurposed as grid-connected energy storage to help smooth fluctuations in the grid’s power supply. There is currently no definitive answer on if this would be an economical and/or practical solution.
  • The beginning of September marks the midpoint of this year’s hurricane season. With potential storms hitting the Gulf of Mexico in the near future, natural gas prices have fallen due to the uncertainty on the region’s production capabilities.
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