The global smart energy storage market is projected to reach US$ 425.8 billion by 2034, driven by the increasing adoption of renewable energy sources and decreasing lithium-ion battery prices. The market is seeing significant growth in Europe and North America, fueled by government initiatives and strong investment in smart grid technologies.
BMW, Ford, and Honda have joined forces to create ChargeScape, a software platform that integrates electric vehicles (EVs) into the power grid, promoting grid stability and cost savings for EV owners. The platform utilizes smart charging technologies to manage energy flow between EVs and the grid, potentially rewarding drivers financially for their flexibility.
EcoFlow, a leading provider of portable power solutions, announced its EcoFlow Home Energy Ecosystem at Intersolar. This comprehensive system includes the new PowerOcean Plus, a 29.9kW hybrid inverter, as well as other products like PowerHeat, PowerGlow, and PowerPulse, enabling users to customize their home energy solutions. The ecosystem also integrates with Tibber’s dynamic tariffs, maximizing savings for users.
