Communities anywhere within the service area of California utility Pacific Gas & Electric (PG&E) will now be eligible to apply for support to install renewable-plus-storage microgrids.
Supply chain shocks are causing short-term rises in the price of lithium-ion battery packs, but overall the price trend is downward and by 2024 average prices could dip below US$100/kWh.
A tiny, coral reef-surrounded island in southern Japan will be able to use renewable energy as its main source of power, thanks to a microgrid with battery storage technology at its heart.
Two trial projects have been announced where vanadium redox flow battery (VRFB) energy storage systems will support electric vehicle (EV) charging solutions, one in South Korea, the other in Australia.
The Portuguese island of Madeira will be able to radically reduce its fossil fuel consumption while keeping electricity supply stable and reliable, thanks to battery energy storage system (BESS) technology.
The US House of Representatives has passed Joe Biden’s Build Back Better act, which now moves to the Senate, where negotiations will continue over the legislation.
The government of Queensland will commit “at least AU$10 million (US$7.21 million)” to building a multi-user vanadium processing plant to capitalise on natural resources in the Australian state.
London Stock Exchange-listed transatlantic flow battery manufacturer Invinity Energy Systems has conditionally raised £25 million (US$33.46 million) gross proceeds through a share placing.
Long-duration energy storage has a crucial role to play in decarbonising the global energy system sufficiently to avoid catastrophic climate change as long as its value can be unlocked.
