The costs of certain long-duration energy storage (LDES) technologies are expected to decline by around 37% on average by 2030, according to a new study.
There is a “healthy pipeline of projects in development” across Europe’s energy storage sector, but the technologies are as yet “significantly underutilised” below their potential.
Utility Portland General Electric (PGE) announced the completion of three battery energy storage systems (BESS) totalling more than 1.9GWh in Portland, Oregon, US.
National deployment targets should be set for energy storage technologies, the International Renewable Energy Agency (IRENA) Coalition for Action has said.
The European Union’s transition to a renewable-energy-powered electricity grid will fail unless it does more to support and promote energy storage, according to the Energy Storage Coalition.
Fluence Energy GmbH, a subsidiary of battery storage system integrator Fluence, will provide solutions for Germany’s largest solar-plus-storage project.