Next-generation geothermal energy: Promise, progress, and challenges
Geothermal energy, a clean, continuous energy source accessible in many locations, has been slow to catch on. Nearly 2,000 years ago, the Romans made extensive use of geothermal
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A new approach could fractionate crude oil using much less energy
MIT engineers developed a membrane that filters the components of crude oil by their molecular size, an advance that could dramatically reduce the amount of energy needed for crude oil
U.S. Energy Storage Market Size, Forecast 2025-2034
The U.S. energy storage market was estimated at USD 106.7 billion in 2024 and is expected to reach USD 1.49 trillion by 2034, growing at a CAGR of 29.1% from
MIT engineers create an energy-storing supercapacitor from ancient
MIT engineers created a carbon-cement supercapacitor that can store large amounts of energy. Made of just cement, water, and carbon black, the device could form the basis for
Global BESS demand jumps 51% in 2025 as
In 2025, BESS system pricing reached new lows with project tenders in China falling to as low as $63/kWh. This aggressive pricing has also filtered
The Battery Energy Storage System (BESS) Market in
Today we''re diving into the fast-growing, high-stakes world of battery energy storage systems (BESS). This market isn''t just heating up; it''s set to
US Energy Storage Monitor
Each quarter, new industry data is compiled into this report to provide the most comprehensive, timely analysis of energy storage in the US. All forecasts are from Wood Mackenzie Power & Renewables;
Global BESS Cost Forecast 2026–2027: Utility-Scale
Global BESS cost forecast for 2026–2027, analyzing utility-scale battery storage trends, LFP technology, regional pricing, value stacking
Battery storage system prices continue to fall
In 2025, the global average price of a turnkey battery energy storage system (BESS) is US$117/kWh, according to the Energy Storage Systems Cost
2026 Cost of Energy Storage in California | EnergySage
As of April 2026, the average storage system cost in California is $1031/kWh. Given a storage system size of 13 kWh, an average storage installation in California
Giving buildings an “MRI” to make them more energy-efficient and
Founded by a team from MIT, Lamarr.AI utilizes drones, thermal imaging, and AI to identify energy waste and structural issues in buildings and recommend retrofits.
How artificial intelligence can help achieve a clean energy future
A look at how AI can be used to help support the clean energy transition by helping to manage power grid operations, plan infrastructure investments, guide the development of novel
Understanding ammonia energy''s tradeoffs around the world
MIT Energy Initiative researchers calculated the economic and environmental impact of future ammonia energy production and trade pathways.
New facility to accelerate materials solutions for fusion energy
The new Schmidt Laboratory for Materials in Nuclear Technologies (LMNT) at the MIT Plasma Science and Fusion Center accelerates fusion materials testing using cyclotron proton beam
Global Energy Storage Market Records Biggest Jump Yet
The global energy storage market almost tripled in 2023, the largest year-on-year gain on record, and that growth is expected to continue.
Cost Projections for Utility-Scale Battery Storage: 2025 Update
In this work we describe the development of cost and performance projections for utility-scale lithium-ion battery systems, with a focus on 4-hour duration systems. The projections are developed from an
Explained: Generative AI''s environmental impact
MIT News explores the environmental and sustainability implications of generative AI technologies and applications.
MIT Energy Initiative conference spotlights research
At the MIT Energy Initiative''s Annual Research Conference, industry leaders agreed collaboration is key to advancing critical technologies amidst a changing energy landscape.
Making clean energy investments more successful
New research emphasizes the importance of well-validated models and forecasting tools in evaluating choices for investments in clean energy technologies and policies by governments and