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Global Market For Lithium Mining Is Poised For Huge Expansion As Demand Jumps

Global Market For Lithium Mining Is Poised For Huge Expansion As Demand Jumps
PR Newswire
PALM BEACH, Fla., Dec. 2, 2021

PALM BEACH, Fla., Dec. 2, 2021 /PRNewswire/ — FinancialNewsMedia.com News Commentary –  As the uses of lithium are expanding i…

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Global Market For Lithium Mining Is Poised For Huge Expansion As Demand Jumps

PR Newswire

PALM BEACH, Fla., Dec. 2, 2021 /PRNewswire/ — FinancialNewsMedia.com News Commentary –  As the uses of lithium are expanding it is also creating more demand for the mining sector. Increasing consumption of Li-ion batteries by automotive and consumer electronics industries alone is expected to create a measurable boost in need for lithium mining activities in the near future. A report from MarketsAndMarkets projected that the global market for lithium mining is poised for stupendous expansion at more than 26% CAGR over the period of 2021-2025. As suggested by a recent market intelligence report, global valuation of lithium mining market will reach past US$1 Bn towards the end of forecast period.  The report said: “Lithium mining activities are gaining strong ground on the back of an accelerating demand for electric vehicles (EVs) as they are powered by lithium-ion batteries. Frontrunners such as the UK, France, the Netherlands, Sweden, Canada, and Norway have already announced a phase-out for conventional internal combustion engine-powered cars.   In addition, lithium continues to witness sustained traction in other application areas such as glass and ceramics to aluminum products, lubricants, and polymers. Application of this white metal in sectors like air treatment is crucial, which warrants decent demand through the forecast period.”  Active mining stocks in the markets this week include:  ACME Lithium Inc. (OTCQB: ACLHF) (CSE: ACME), Albemarle Corporation (NYSE: ALB), Standard Lithium Ltd. (NYSE: SLI) (TSXV: SLI), Sigma Lithium (NASDAQ: SGML) (TSXV: SGML), Piedmont Lithium Inc., (NASDAQ: PLL).

The MarketsAndMarkets report concluded: “Lithium will remain the area of interest for top automotive companies, battery technology giants, chemicals manufacturing companies, and governments. Investments are thus flooding the lithium mining market. Some significant strategic alliances are expected to be seen between companies and miners in the near future.   Presenting an ideal material for use in dehumidification and cooling applications, lithium is witnessing heightening demand prospects. Escalating demand for lithium from air conditioning equipment manufacturers is slated to unlock multiple doors of opportunities for market participants.”

ACME Lithium Inc. (OTCQB: ACLHF) (CSE: ACME) BREAKING NEWS:  ACME Lithium Adds Two Strategic Lithium Projects Located in Canada’s Winnipeg River Pegmatite Region – ACME Lithium Inc. (the “Company”, or “ACME”) is pleased to report that it has acquired by staking 27 claims totaling approximately 11,803 acres strategically situated in the pegmatite fields of the Bird River Greenstone Belt (BRGB) in southeastern Manitoba, Canada. The mineral claims are 100% owned by ACME Lithium Inc.

The northern and southern limbs of the Bird River Greenstone Belt contain at least 10 pegmatite fields and host hundreds of individual pegmatite bodies, of which many are classified as complex rare-element Lithium-Cesium-Tantalum (LCT) pegmatites. In both limbs of the BRGB, pegmatites are associated with granitic intrusion into structurally dilatant zones adjacent to major east-west shear zones.

Worldwide, LCT pegmatite deposits account for about one-fourth of the world’s lithium production, most of the tantalum production, and all the cesium production. The world-class Tanco Mine, a lithium, cesium, and tantalum producer since 1968, is in the southern limb of the BRGB.

Shatford Lake Pegmatite Field – The Company has staked 21 claims totaling approximately 8,883 acres in the southern limb of the Bird River Greenstone Belt. These claims straddle a 15 kilometers long structural trend of the Greer-Shatford Shear Zone with numerous pegmatite dykes and favorable host rocks. The northeast corner of the Company’s ground abuts the Mineral Lease of the Tanco Mine, and the south shore of Bernic Lake with the Buck, Pelgi, and Dibs pegmatites nearby.

Cat-Euclid Lake Pegmatite Field – The Company has staked 6 claims totaling approximately 2,920 acres in the northern limb of the Bird River Greenstone Belt. The new claims straddle the prospective Cat-Euclid Lake shear zone and extend along the southeasterly trend of known pegmatite occurrences. Australia’s Mineral Resources Limited (MRL), one of the world’s leading lithium producers with a market capitalization of over AUD$8 billion recently signed a joint venture agreement with Lithium Canada Development (New Age Metals Inc.) to the west of ACME’s Cat-Euclid Lake Lithium project.

ACME Lithium’s exploration strategy in the Bird River Greenstone Belt is to employ remote sensing, structural geology, ground-based geological mapping, and geochemical sampling to localize targets for drilling. Our exploration focus is on spodumene-bearing LCT pegmatites that can be a source for lithium carbonate deposits.

North American lithium demand is accelerating at a rapid rate and there is a growing need to secure domestic supply in the United States and Canada. Bloomberg estimates that the U.S. will have 3.2 million passenger EV sales by 2028. Industry experts suggest that 20 times the current supply of lithium globally will be required over the next ten years.

“We identified the south east region of Manitoba as a global area of focus and opportunity for emerging and developing lithium projects,” stated Steve Hanson President and CEO. “It is critical that we invest and ultimately boost domestic lithium supplies sustainably to ensure our needs are met for the long term.”  CONTINUED….  Read this release for the ACME Lithium news at:  https://acmelithium.com/news/     

Other recent mining developments in the markets include:

Albemarle Corporation (NYSE: ALB) recently announced its results for the third quarter ended September 30, 2021.  Third-Quarter 2021 Highlights Were: Net sales of $830.6 million, an increase of 11%; Net sales increased 19% excluding FCS; Net loss of ($392.8) million, or ($3.36) per diluted share; Adjusted diluted EPS of $1.05, a decrease of 4%, excludes a $4.29 per share charge for a recent arbitration decision; Adjusted EBITDA of $217.6 million, an increase of 1%; Adjusted EBITDA increased 14% excluding FCS; Increased FY 2021 guidance based on strong third-quarter performance; Announced agreement to acquire Guangxi Tianyuan New Energy Materials (Tianyuan), which includes a lithium conversion plant (Qinzhou) designed to produce 25,000 mtpa with the potential to expand to 50,000 mtpa; Announced agreements for strategic investments in Chinawith plans to build two lithium hydroxide conversion plants, each initially targeting 50,000 mtpa; MARBL Lithium Joint Venture (MARBL) to restart operations at the Wodgina Lithium Mine in Australia; and Advanced deployment of Albemarle Way of Excellence (AWE) operating model and submitted sustainability disclosure report to CDP (formerly the Carbon Disclosure Project)

“Despite supply chain challenges and increased raw material costs last quarter, we continued to deliver solid revenue and adjusted EBITDA growth,” said Albemarle CEO Kent Masters. “In October, we achieved first lithium carbonate production at our new La Negra III/IV conversion facility. We are making investments to add significant conversion capacity in China, initially targeting up to 150,000 metric tons of lithium hydroxide per year which will provide high-return growth opportunities aligned with the increasing demand from our customers.”

Standard Lithium Ltd. (TSXV: SLI) (NYSE: SLI) recently announced it has filed a Preliminary Economic Assessment Report (Technical Report) for the Company’s South-West Arkansas Lithium Project, further to its previous news release dated October 12, 2021. 

Key Points Were: Pre-tax US$2.83 Billion NPV at 8% discount rate and IRR of 40.5%; After-tax US$1.97 Billion NPV at 8% discount rate and IRR of 32.1%; 20-year mine-life producing an average of 30,000 tonnes per year of battery-quality lithium hydroxide monohydrate (LHM); Operating costs of US$2,599 per tonne of battery quality lithium hydroxide; AACE Class 5 Total CAPEX estimate of US$870 Million including conservative 25% contingency of direct capital costs; and, SW Arkansas Lithium Project PEA lithium brine resource is updated to consider the potential unitized area of production, leading to an increased total (global) in-situ resource of 1,195,000 tonnes Lithium Carbonate Equivalent (LCE) at the Inferred Category.

Sigma Lithium (NASDAQ: SGML) (TSXV: SGML), dedicated to powering the next generation of electric vehicle batteries with environmentally sustainable and high-purity lithium, recently joined the October 8 “FT LIVE Commodities Summit: Enabling the Energy Transition” for the panel, Lithium: Supercharged. During the session, CEO Cabral-Gardner emphasized the role that will be played by technology to drive greener and less costly lithium production, paving the way for mass EV adoption.

At the summit, she highlighted the four major challenges of the lithium mining industry at the current juncture of supply tightness: Scaling rapidly and significantly; Achieving environmental and social sustainability; Producing the highest quality offtake; and Delivering at the lowest cost.  Ana Cabral-Gardner, Sigma Co-CEO said: “Technology is driving electric vehicle innovation and will drive the future of the lithium industry. It will be key [in the lithium industry], it will help us make [lithium] greener and cheaper. [Sigma] uses quite a lot of [green] technology: we perfected a dense media separation plant, digitally controlled it, avoiding a flotation plant altogether and all the issues that would come with it around wet tailing dams and chemicals. Technology can be the vector to the spectacular success of the [lithium industry] helping us lower costs and stay greener or it can also undo [the lithium industry] if it is not disciplined enough to work with downstream to enable less costly EVs.”

Piedmont Lithium Inc., (NASDAQ: PLL), a leading developer of lithium hydroxide production to enable the North American electric vehicle supply chain, recently released a new Corporate Overview Presentation. The updated presentation includes information addressing overall market conditions, lithium supply and demand projections from industry analysts, pricing trends, as well as a status update on Piedmont’s multiple resources in North Carolina, Quebec, and Ghana.

“The tremendous momentum in the EV industry continues to accelerate, especially in North America with near daily expansion announcements from battery makers and electric vehicle makers alike. One thing that remains a constant in this electric environment is the need for lithium to power the industry’s projected growth,” said Piedmont President and CEO, Keith Phillips. “A company that controls a critical mass of spodumene with the ability to cost-effectively produce battery-grade lithium hydroxide, is well positioned to serve the fast-growing EV market, while returning increasing value to shareholders. And that is exactly how we are building our company,” added Phillips.

DISCLAIMER:  FN Media Group LLC (FNM), which owns and operates Financialnewsmedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNM is NOT affiliated in any manner with any company mentioned herein.  FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  FNM is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed FNM has been compensated twenty five hundred dollars for news coverage of the current press releases issued by ACME Lithium Inc. by a non-affiliated third party.  FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

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Energy & Critical Metals

Global Battery Charger IC Industry Outlook 2022: Overview, Opportunities, Key Companies and Forecast to 2028

The report Global Battery Charger IC Market 2022 delivers a 360-degree view of the Battery Charger IC Market. The most influential trends and their impact…

Market Research

The report Global Battery Charger IC Market 2022 delivers a 360-degree view of the Battery Charger IC Market. The most influential trends and their impact analysis data are available in the report. The key drivers, restraints, and opportunities that will shape the market during the forecast period are mentioned in the report. Furthermore, the threat from substitutes and the challenges the market will face in the coming years have also been noted in the report.

The Battery Charger IC Market research study has been composed using key inputs from industry experts. Furthermore, the extensive primary and secondary research data with which the report has been composed helps deliver the key statistical forecasts, in terms of both revenue and volume. In addition to this, the trends and revenue analysis of the global Battery Charger IC Market has been mentioned in this report. This will give a clear perspective to the readers how the Battery Charger IC Market will fare in globe. 

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Executive Summary

According to GRD Survey data, the global Battery Charger IC market is estimated at million US$ in 2021 and is expected to reach million US$ by the end of 2028, growing at a CAGR of % in the forecast period between 2022 and 2028.

This report studies the Battery Charger IC market dynamics from angles such as new entries, mergers and acquisitions, fundings, exit and major technology breakthroughs. Market performance is evaluated through market size (value and volume) by players, regions, product types and end industries. This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Battery Charger IC in these regions, from 2016 to 2027, covering

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Italy, Spain and Russia, etc.)

Asia-Pacific (China, Japan, Korea, Southeast Asia, India, Australia)

South America (Brazil, Argentina, Colombia, etc.)

Middle East and Africa (Turkey, Saudi Arabia, South Africa, etc.)

Market Snapshot, By Product Type

Li-ion Charger IC

Super Capacitor Charger IC

Lead Acid Charger IC

Others

Market Snapshot, By Application

Consumer Electronics

Automotive

Power Industry

Other

Main Market Players Analyzed in this report, including:

Toshiba

Texas Instruments

STMicroelectronics

Semtech

Samsung Electronics

Richtek Technology

Renesas

Renesas Electronics Corporation

Qualcomm

NXP

New Japan Radio (NJR)

Microchip

Intersil

Cypress Semiconductor

Analog Devices

The study objectives of this report are:

To study and analyze the global Battery Charger IC market size (value & volume) by company, key regions/countries, products and application, history data from 2016 to 2020, and forecast to 2027.

To understand industry structure of Battery Charger IC market by identifying its various subsegments.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

To identify the key global Battery Charger IC manufacturers and regional typical players, to define, describe and analyze their sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the Battery Charger IC market with respect to individual growth trends, future prospects, and their contribution to the total market.

To project the value and volume of Battery Charger IC submarkets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

In this study, the years considered to estimate the market size of Battery Charger IC are as follows:

History Year: 2016-2020

Base Year: 2020

Estimated Year: 2021

Forecast Year 2021 to 2027

This report includes the estimation of market size in terms of value (million USD) and volume from top-down approach by analyzing major submarkets and their major driving factors, and verified from bottom-up approaches. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified from primary sources.

For the data information by region, company, type and application, 2020 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Key Stakeholders Considered in the study:

Raw material vendors

Distributors/traders/wholesalers/suppliers

Regulatory authorities, including government agencies and NGO

Commercial research & development (R&D) institutions

Importers and exporters

Government organizations, research organizations, and consulting firms

Trade/Industrial associations

End-use industries

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A detailed segmentation evaluation of the Battery Charger IC Market has been provided in the report. Detailed information about the key segments of the market and their growth prospects are available in the report. The detailed analysis of their sub-segments is also available in the report. The revenue forecasts and volume shares along with market estimates are available in the report. 

The competitive landscape of the market presented in the study profiles the most prominent players in the market. The business overview, recent developments, key strategies, and revenue share of key market players in the global Battery Charger IC Market have been covered in the research report. Moreover, the latest events and their impact on the Global Battery Charger IC Market have been presented in the report. In addition to this, the report features strategic recommendations that will help new entrants or established players optimize their ROI. 

For technical data and manufacturing plants analysis, the report analyzes Battery Charger IC Market leading suppliers on capacity, commercial production date, manufacturing plants distribution, R&D Status, technology sources, and raw materials sources.

This report also presents product specification, manufacturing process, and product cost structure etc.Production is separated by regions, technology and applications. Analysis also covers upstream raw materials, equipment, downstream client survey, marketing channels, industry development trend and proposals. In the end, the report includes Battery Charger IC Market new project SWOT analysis, investment feasibility analysis, investment return analysis, and development trend analysis. In conclusion, it is a deep research report on Global Battery Charger IC Market. Here, we express our thanks for the support and assistance from Battery Charger IC Market chain related technical experts and marketing engineers during Research Team’s survey and interviews.

Key questions answered in the report include:

  • What will be the market size and the growth rate by the end of the forecast period?
  • What are the key Global Battery Charger IC Market trends impacting the growth of the market?
  • What are the potential growth opportunities and threats faced by the leading competitors in the market?
  • What are the key outcomes of Porter’s five forces analysis and the SWOT analysis of the key players functioning in the Global Battery Charger IC Market?
  • This report gives all the information regarding industry Overview, analysis and revenue of this market.
  • What are the market opportunities and threats faced by the vendors in the Global Battery Charger IC Market?

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Energy & Critical Metals

Necked-in Aerosol Cans Market to Witness Growth Acceleration | Ball Corporation, Crown Holdings Inc.

“  Get Sample Report Buy Complete Report Necked-in Aerosol Cans Market research is an intelligence report with meticulous efforts undertaken to study…

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Necked-in Aerosol Cans Market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis. It also provides market information in terms of development and its capacities.

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Some of the Top companies Influencing in this Market includes:

Ball Corporation, Crown Holdings Inc., Ardagh Packaging Holdings Limited, Nampak Ltd., Westrock Company, CCL Industries.

Various factors are responsible for the market’s growth trajectory, which are studied at length in the report. In addition, the report lists down the restraints that are posing threat to the global Necked-in Aerosol Cans market. This report is a consolidation of primary and secondary research, which provides market size, share, dynamics, and forecast for various segments and sub-segments considering the macro and micro environmental factors. It also gauges the bargaining power of suppliers and buyers, threat from new entrants and product substitute, and the degree of competition prevailing in the market.

Global Necked-in Aerosol Cans Market Segmentation:

Market Segmentation: By Type

Aluminum, Steel, Plastic, Others

Market Segmentation: By Application

Personal care, Home care, Healthcare, Automotive, Others, ,

Global Necked-in Aerosol Cans Market research report offers:

  • Market definition of the global Necked-in Aerosol Cans market along with the analysis of different influencing factors like drivers, restraints, and opportunities.
  • Extensive research on the competitive landscape of global Necked-in Aerosol Cans
  • Identification and analysis of micro and macro factors that are and will effect on the growth of the market.
  • A comprehensive list of key market players operating in the global Necked-in Aerosol Cans market.
  • Analysis of the different market segments such as type, size, applications, and end-users.
  • It offers a descriptive analysis of demand-supply chaining in the global Necked-in Aerosol Cans market.
  • Statistical analysis of some significant economics facts
  • Figures, charts, graphs, pictures to describe the market clearly.

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Regions Covered in the Global Necked-in Aerosol Cans Market Report 2022:
The Middle East and Africa (GCC Countries and Egypt)
North America (the United States, Mexico, and Canada)
South America (Brazil etc.)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)

The cost analysis of the Global Necked-in Aerosol Cans Market has been performed while keeping in view manufacturing expenses, labor cost, and raw materials and their market concentration rate, suppliers, and price trend. Other factors such as Supply chain, downstream buyers, and sourcing strategy have been assessed to provide a complete and in-depth view of the market. Buyers of the report will also be exposed to a study on market positioning with factors such as target client, brand strategy, and price strategy taken into consideration.

Key questions answered in the report include:

  • What will be the market size and the growth rate by the end of the forecast period?
  • What are the key Necked-in Aerosol Cans Market trends impacting the growth of the market?
  • What are the potential growth opportunities and threats faced by the leading competitors in the market?
  • What are the key outcomes of Porter’s five forces analysis and the SWOT analysis of the key players functioning in the global Necked-in Aerosol Cans Market?
  • This report gives all the information regarding industry Overview, analysis and revenue of this market.
  • What are the market opportunities and threats faced by the vendors in the global Necked-in Aerosol Cans market?

Table of Contents

Global Necked-in Aerosol Cans Market Research Report 2022 – 2029

Chapter 1 Necked-in Aerosol Cans Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Production, Revenue (Value) by Region

Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Global Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 Global Necked-in Aerosol Cans Market Forecast

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Energy & Critical Metals

NREL tests Type-3 turbines using grid-forming controls

NREL and GE have demonstrated grid-forming technologies in the Type-3 wind turbine, a step in long-term grid modernisation efforts.
The post NREL tests…

General Electric (GE) and the National Renewable Energy Laboratory (NREL) have demonstrated grid-forming technologies in the Type-3 wind turbine, a step in long-term grid modernisation efforts as the rapid deployment of renewable technologies transforms the electric power system.

Grid-forming technologies provide functions that are traditionally provided by synchronous machinery. They allow solar and other inverter-based energy sources to restart the electric grid independently.

In grid-forming mode, a generator can set grid voltage, frequency and, if necessary, operate without power from the grid. This includes the ability to restart power following an outage, restabilize after a transient electrical event and to generally form the grid as baseline power resources.

Have you read?
Ørsted consortium bags gigawatt-scale floating wind in ScotWind leasing round
ACWA Power kickstarts construction of $300m wind project in Azerbaijan

Instead of large, traditional spinning generators, inverter-based resources like wind, solar, and batteries are being primed for this role in multiple U.S. Department of Energy (DOE) projects. As renewables make up a larger share of the power supply, they will also need to take on more responsibility as stewards of grid stability and reliability.

In this particular demonstration, GE and NREL teams deployed controls for the 2.5MW Type-3 wind turbine to provide primary frequency and voltage support, restabilizing the surrounding grid by adjusting its power in response to momentary electrical variances.

Researchers said Type-3 turbines are especially complex for developing grid-forming controls. These turbines use a generator that is directly connected to the grid, with the turbines’ electricity output controlled by power electronics components. Grid-forming controls could allow the turbine to make up for fewer conventional sources of stability on the grid, such as natural gas-fired generators.

A 5MW research dynamometer served as prime mover in the mock power system, allowing the researchers to emulate different grid dynamics and observe the turbine’s performance. The team found that with GE’s grid-forming controls, the turbine can contribute inertial and phase jump power in similar ways as a synchronous machine, which is a key feature to adding stability to the grid.

NREL used Advanced Research on Integrated Energy Systems (AIRES), an energy systems integration platform that allows at-scale experimentation in a replica grid environment. AIRES is a step-up from previous platforms, allowing for research at the 20 MW level. Helping to power and scale up the technology is NREL’s 8-petaflop supercomputer.

“In this work we have found that the grid-forming turbine serves underlying stability in cases where it’s needed: in systems with many inverter-based resources and few conventional forms of stability,” said NREL Chief Engineer Vahan Gevorgian.

Such capabilities are generally not available with grid-following controls in today’s inverter-based resources, which rely on externally generated voltages by synchronous machines to operate. Grid-following technologies, which exist in most solar plants and battery storage systems, typically produce power that closely follows the grid frequency and voltage of the larger electric system. With grid-following, inverters will shut off power when there is a large disturbance or outage on the grid and wait for a signal that the disturbance has settled and it is safe to restart.

The GE-NREL effort is the first of several federally funded wind technology demonstrations as part of the Energy Technologies Office project, “Wind as a Virtual Synchronous Generator,” which aims to research wind and storage inverter controls that electronically imitate conventional generators. Research teams will continue to study how the grid-forming turbine interacts with other devices on the power system and whether the grid-forming mode results in greater mechanical stress on the turbine.

In the 2020 Research Roadmap on Grid-Forming Inverters, researchers from NREL, universities, and the DOE’s Solar Energy Technologies Office outlined a plan to use renewable energy to jump-start the grid by taking advantage of inverters, which provide the interface between the grid and energy sources like solar panels, wind turbines, and energy storage.

The present power system (a) has historically been dominated by synchronous generators having large rotational inertia. Future systems (b) will have a significant fraction of inverter-based generation resources. This implies a need for next-generation grid-forming controllers that ensure grid stability at any level of penetration with inverter-based resources. (Source: Research Roadmap on Grid-Forming Inverters, NREL)

Researchers noted in the report that inverter controls now are predominantly grid-following and that future power systems will involve a mix of inverter-based resources with both grid-following and grid-forming control capabilities. Growth over time will depend on how well grid-forming inverters perform and what advantages they bring as penetration levels of inverter-based resources increases, the researchers said.

They recommended the “review of regulatory and technical standards and the development of advanced modeling techniques” for grid-forming inverters.

Originally published by Kevin Clark on power-eng.com

Power generation professionals from around the world will gather in Dallas, Texas, on 23-25 May 2022 to attend POWERGEN International. Register today.

The post NREL tests Type-3 turbines using grid-forming controls appeared first on Power Engineering International.

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