UPDATED 14 July 2020: The European Union has agreed that energy storage will be vital in its clean energy economy of the future as Members of European Parliament (MEPs) voted overwhelmingly to adopt a strategy report putting energy storage and hydrogen at the heart of its agenda.

What has been described by the head of its federal regulator as the “single most important act” the US could take in smoothly transitioning to a “clean energy future” will become reality, with distributed energy storage set to join wholesale markets and compete to provide services on a “level playing field” with fossil fuel resources.

The European Union (EU) has just published its Strategy for Energy System Integration, including pledges to support renewables and energy storage as the continent targets carbon neutrality by 2050.

The company behind what looks set to be Norway’s first gigawatt-scale manufacturing facility for lithium-ion battery cells has secured pre-construction financing of NOK130 million (US$13.85 million) which it said will “enable rapid development” of the plant.

The Australian Energy Market Commission (AEMC) announced today that five minute settlement windows for spot prices in the National Electricity Market (NEM) will be implemented from 21 October 2021.

Zinc-based battery energy storage manufacturer Eos Energy Storage has signed an agreement with an EPC partner to deploy systems based on its devices at rural microgrids, beginning with projects in Nigeria.

A subcommittee of the US House Committee on Appropriations has approved more than a billion dollars in support for developing energy storage deployment, research and manufacturing in a funding bill for the 2021 Fiscal Year.

What are the biggest market segments by region, application and opportunity today in energy storage? Guidehouse Insights senior research analyst Alex Eller takes us through the present and emerging hotspots of the global energy storage industry. Taken from the Energy Storage Digital Series online conference held earlier this year.

One of the first large-scale solar farms in Japan so far to be equipped with battery storage in order to meet the requirements of a local grid operator and utility, has been completed on the island of Hokkaido.

A key committee of Members of the European Parliament (MEPs) has voted overwhelmingly to thrust energy storage into the heart of the continent’s decarbonisation agenda, while trade group EASE has urged the EU to raise its targets on 2030 emissions reduction.