Advanced compressed air energy storage (A-CAES) company Hydrostor has made its second application to license a gigawatt-hour scale project as a power plant with the California Energy Commission (CEC).  

Energy technology company Wärtsilä has announced battery energy storage system (BESS) projects in two new markets for the company, with orders from customers in Chile and Belgium.

Red tape, costs and logistical hurdles for large-scale battery storage and hybrid systems to participate in Australia’s National Electricity Market (NEM) will be cut under new Australian Energy Market Commission (AEMC) rules. 

Another roundup of news in brief in energy storage, this time focused on the UK industry.

A “novel and innovative” technology which uses CO2 as a medium to store energy could be made using off-the-shelf equipment and made available to the market as early as next year, the company behind it has said. 

Supply chain shocks are causing short-term rises in the price of lithium-ion battery packs, but overall the price trend is downward and by 2024 average prices could dip below US$100/kWh.

Construction has begun on a 150MW / 150MWh battery storage project at the site of a former fossil fuel plant site in Victoria, Australia.

Wells Fargo has closed its first tax equity investment into a solar project paired with battery storage, a large-scale plant being built in New Mexico, US.

The CEO of Key Capture Energy has said the company will immediately be able to apply lessons learned from a 20MW battery project in New York to its pipeline of much bigger projects in the state to come.