LG Energy Solution (LG ES) will nearly double the production capacity of battery cells for energy storage systems (ESS) at its Michigan, US, factory by the end of 2026.
Greater deployment of renewable energy and battery storage in Illinois would help mitigate soaring costs of capacity market auctions in PJM Interconnection territory.
Tom Sisto, CEO of US flow battery provider XL Batteries, writes that lithium-ion batteries’ dependence on a supply chain controlled almost completely by one country is a risk that could be avoided.
