Energy storage funds managed by UK-based Gore Street Capital and Gresham House increased their net asset value (NAV) per share in 2022, but by very different rates.
The Netherlands needs 10GW of battery storage by 2030 and, while the market is being held back by onerous grid fees, developers like Lion Storage are working on deploying multi-hundred megawatt systems.
The battery storage sector is about to enter its first ever phase of large-scale augmentations of systems as they reach 3-5 year degradation points and there are questions over how this will pan out, Burns & McDonnell told Energy-Storage.news.
Energy storage is among a number of key technologies which can bring much-needed flexibility to electricity networks and therefore to energy markets. With Europe at an unprecedented crossroads in its energy system planning, now is the time to factor in that critical flexibility, argue Julian Jansen and Lars Stephan of Fluence.
There has been an uptick in energy storage investment in Southeast Asia, a region still largely powered by coal and experiencing high growth in population and energy demand. Andy Colthorpe speaks with companies working to establish a framework of opportunities in the region.
Batteries from electric vehicles can find a ‘second life’ in energy storage systems, making more use of these valuable devices, and offering a potentially low-cost way to sidestep supply chain bottlenecks. Cameron Murray meets some of the companies harnessing used automotive batteries to play a part in the energy transition even without wheels.
