Increase in battery storage announced by Green Mountain Power, the Vermont utility which was first in the US to deploy Tesla Powerwalls in virtual power plant.
Recent policy announcements from the European Union could boost the energy storage market, an analyst says, but also reveal inherent weaknesses of the bloc’s free electricity market.
Supply chain constraints impacting the energy storage industry have come at a “critical” stage for the sector’s development, a BloombergNEF analyst has said.