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Andy Colthorpe

Flow battery demonstration plant in Hubei, China, where the world's biggest VRFB system, at 100MW/400MWh, went online recently. Image: VRB Energy.

Wood Mackenzie: Investment pours in for long-duration energy storage, but scale remains challenge

December 8, 2022
Enough money invested in long-duration energy storage technologies and projects over the past three years to result in 57GW of deployments.
Rendering of the planned project, with construction due to begin this coming Spring. Image: Wärtsilä.

EDF Renewables places repeat order with Wärtsilä for 100MWh UK battery storage project

December 8, 2022
Wärtsilä Energy has signed additional contract with EDF Renewables UK for 50MW/100MWh lithium-ion energy storage facility in England.
Australian energy minister Chris Bowen (centre) convened a meeting with the country's state energy ministers in December, agreeing the plan to launch tenders in principle. Image: Chris Bowen via Twitter.

Australia will hold tenders to prioritise right mix of renewables and storage

December 8, 2022
Australia will launch a scheme to incentivise investment in the right mix of low-carbon energy sources and energy storage.
One of a 10-project portfolio FlexGen delivered for electric cooperative and municipal utility customers in North Carolina, October 2022. Image: NC Electric Cooperatives.

FlexGen puts first BESS into service in 40MW buildout for North Carolina cooperatives

December 7, 2022
FlexGen has completed the first project in its 40MW buildout for a set of electric cooperative utilities in North Carolina.
Concept rendering of the integrated microgrid combining fuel cells, hydrogen generator and ZincFive battery cabinet. Image: Kaizen Clean Energy.

Nickel-zinc battery storage startup ZincFive raises US$54 million

December 7, 2022
ZincFive, a US company developing nickel-zinc battery technology for applications including data centre UPS has closed a Series D round.
Some of the old mining infrastructure at Pyhäsalmi. Image: Wikimedia user usv.

European Commission approves state aid for 530MWh Finland pumped hydro plant

December 7, 2022
European Commission has given green light for state aid towards development of a large-scale pumped hydro energy storage in Finland.
Average lithium battery pack prices, with the US$100/kWh threshold forecast for 2026 on far right hand side. Image: Solar Media with BloombergNEF data.

Lithium battery pack prices go up for first time since BloombergNEF began annual survey

December 6, 2022
Lithium-ion battery pack prices have gone up 7% in 2022, marking the first price rise since BloombergNEF began its surveys in 2010.
How it works. Image: LDES Council.

‘Geomechanical Pumped Storage’ startup Quidnet gets US$10 million ARPA-E funding

December 6, 2022
Quidnet, developing a proprietary mechanical energy storage technology, will receive funding from US DOE’s ARPA-E.
Yallourn power plant, scheduled for closured in 2028. Image: Wikimedia user Stephen Edmonds.

EnergyAustralia submits application for 1.4GWh BESS to replace Victoria coal plant

December 6, 2022
EnergyAustralia has filed planning applications for four-hour duration large-scale lithium BESS in Victoria’s Latrobe Valley.
Yallourn power plant, scheduled for closured in 2028. Image: Wikimedia user Stephen Edmonds.

New Jersey’s last coal power plant implodes to make way for energy storage

December 5, 2022
Last coal-fired power station in New Jersey demolished, with facility’s owner committing to deploying energy storage at the site.

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