The ‘hype cycle’ around long duration energy storage (LDES) is coming to an end and 2023 will be the year when companies must prove their technology can live up to its promises.

LG Energy Solution has joined the global Task Force on Climate-related Disclosures (TFCD).

Battery storage can enhance the operation of power plant fleets, whether wind, solar, coal, gas or almost any other technology.  

Battery storage projects totalling 627MW were awarded contracts in the UK’s 2023-24 Capacity Market auction which concluded yesterday (14 February), nearly a two-thirds jump on last year’s.

Nispera, the asset performance management platform for renewable energy acquired by Fluence has begun managing battery storage assets.

A 60MWh battery energy storage project co-located with an existing solar PV plant has been proposed in Spain, the latest to qualify for a recently-announced €150 million package of grants.

Multiple steps forward have been taken in Ontario in the development of Canada’s largest battery storage project to date.

The government of South Africa will soon issue a request for proposals (RFP) for 513MW of battery storage.

Energy storage developer Eolian has completed an investment in two standalone battery energy storage projects in Texas, which it claims is the first use of the Inflation Reduction Act’s new tax credit incentives (ITC).

Hitachi Energy will supply equipment to improve the operational efficiency of a 45-year old pumped hydro plant in Austria for owner VERBUND.