More than 5% of Spain’s renewable energy generation could face economic curtailment between 2025 and 2030, but long-duration energy storage (LDES) could reduce or eliminate that need.
The backing of new Electricity Market Design proposals by the European Parliament is welcome, but the plan still falls short in its support for energy storage technologies.
Projects using novel, non-lithium battery technology have been progressed by organic flow battery firm CMBlu, liquid metal battery firm Ambri, and the NAS battery division of NGK Insulators.
A US$12 million Series B2 has been raised by California-based battery analytics firm Peaxy, which specialises in “first mile data challenges”, a spokesperson told Energy-Storage.news.