More than AU$1 billion (US$0.65 billion) of financial commitments to large-scale battery energy storage system (BESS) projects were made in Australia in the second quarter of this year.
Ben Lincoln, energy expert at intellectual property law firm Potter Clarkson, looks at patent filing activity in energy storage technologies outside the world of electrochemical batteries.
Closed-loop pumped hydro energy storage (PHES) has fewer emissions associated with its development, construction and use than other leading options for large-scale energy storage.