A total of 1,613MW/4,727MWh of energy storage was installed in the US in the last quarter of 2021 according to Wood Mackenzie, which says annual residential storage installations will hit 2GW by 2026.
Long duration energy storage (LDES) technologies may have a difficult time competing with lithium-ion over the next decade as the latter’s cost-competitiveness at longer durations increases, possibly even to 24 hours, according to Haresh Kamath, Electric Power Research Institute (EPRI).
Jamaica has received proposals from a consortium of local and international companies to implement a proposed pumped hydro electric storage (PHES) project.
KORE Power, a company building a lithium-ion gigafactory in Arizona, has launched a full service storage integrator division with the acquisition of an existing provider.
Swedish public utility Vattenfall has opened its Energypark Haringvliet in the Netherlands, which combines wind, solar and a 12MWh battery energy storage system (BESS).
Energy group Enel has started operating a 4MW/1.7MWh backup power storage system at a plant in Spain’s North African territory using 78 repurposed Nissan electric vehicle (EV) batteries.
Indonesia’s state-owned utility and battery producer have launched a 5MW battery energy storage system (BESS) pilot project, the first up to 2GW of battery storage it could deploy on its national grid.
The German battery storage market continues to be dominated by the residential segment which accounted for 93% of the 1,350MWh of capacity installed last year, according to research by a group of Aachen-based institutions.
