The EU could save €9 billion a year in gas costs by deploying BESS to capture excess wind and solar, according to think tank Ember.

The EU’s security requirements for energy assets including energy storage are increasing as the risks grow, particularly in Central and Eastern Europe (CEE).

Hungary’s subsidy scheme for energy storage will drive huge growth in BESS deployments over the next few years.

Supply chain risk platform Infyos discusses its research into forced and child labour in the battery supply chain, suppliers risk of exposure to it and what business risks that could entail for those in the ESS industry – particularly around the EU Batteries Regulation.

The decision to slash energy storage de-rating factors for the next capacity market auction in Poland will not be the death knell of the market, and may actually have some positives, project developers and IPPs said.

Flexibility will be a critical piece of the grid of the future and energy storage will play a central role in that, keynote speakers said at Solar Media’s Energy Storage Summit Central and Eastern Europe (CEE) 2024 today.

Real estate developer ERNE Gruppe and architecture firm FlexBase are hoping to start construction on a data centre project in Switzerland next year, which will include a ‘non-flammable and non-explosive’ 500MW energy storage unit.

The US Department of Energy (DOE) will guarantee a loan from U.S. Bancorp Impact Finance for a project pairing 15MW of solar PV with 70MWh of long-duration energy storage (LDES) on Tribal Lands in California.

Investor Return has acquired an energy storage development platform in Germany, Swedish optimiser Flower has bought another large-scale BESS project, while Romania’s CIS Group has revealed a flurry of solar and storage projects.

A project in China, claimed as the largest flywheel energy storage system in the world, has been connected to the grid.