Just over 70% of the successful projects in the first window of the UK’s long-duration energy storage (LDES) scheme are using lithium-ion BESS technology.
The Baltics is among the most attractive regions in Europe for battery energy storage system (BESS) investment right now, with the recent decoupling from Russia and increasing renewable energy use sending flexibility needs soaring.
A trio of energy storage startups: XL Batteries, Unbound Potential and Fourth Power, have raised financing for emerging flow battery and thermal storage technologies.
RWE Renewables Australia has successfully registered Australia’s first 8-hour duration battery energy storage system (BESS) with the Australian Energy Market Operator (AEMO).
Capital Power has announced commercial operations of its 120MW York battery energy storage system (BESS) and 50MW Goreway BESS projects in Ontario, Canada.
The US Energy Information Administration (US EIA) annual survey of power plant activity found that in 2024, utility-scale batteries were more commonly used for price arbitrage.
BYD has presented its latest grid-scale BESS product, pushing energy density even further to its limits, while Eve and Sunwoda have progressed commercialisation of high capacity battery cells.