The US government Department of Energy has issued a Request for Information as it prepares to rollout a package worth more than half a billion dollars to support development and commercialisation of long-duration energy storage.

Rising demand for batteries, largely coming from the electric vehicle (EV) sector, means raw materials prices continue to be volatile.

Global system integrator Fluence increased its revenues for the first three months of 2022, its second quarter, 249% to US$343 million.

Battery storage is leading provider of frequency control ancillary services (FCAS) in the National Electricity Market.

A leaked draft version the policy strategy designed to liberate the European Union from ties to Russian fossil fuel imports, includes no mention of energy storage.

Global safety certification company UL has released a software platform for optimising utility-scale energy storage systems (ESS) to, the company says, help advance deployment of the technology globally.

A lithium-ion battery energy storage system (BESS) made by Saft will be installed at a 37.5MWp solar PV power plant in Côte d’Ivoire.

Natural resources giant Glencore has agreed to back the Canadian battery recycler to the tune of US$200 million.

Industrial battery storage systems can lower electricity costs for the facilities they are installed at, but could also help manage the cost of power for all consumers.