This Friday Briefing looks at the IEA’s recognition that long-duration energy storage will be essential to global decarbonisation and asks what it might take for that message to translate into immediate action.
The increasing cost-competitiveness of LFP battery cells has made first life batteries more attractive than second life ones, Finland-based BESS solutions firm Cactos told Energy-Storage.news after a €26 million (US$28.5 million) fundraise.
The results of Poland’s recent capacity market auction have been revealed, with a clearing price significantly lower than the previous years and IPP Greenvolt saying it won the lion’s share of around 1.7GW of BESS awarded contracts.
A frequency event which nearly caused major disruption of the electricity grid in Britain could have been more effectively dealt with had network dispatchers called on more of the country’s battery storage.
We bring you the energy storage technology predictions of Aquila Clean Energy EMEA, Kyon Energy and BayWa r.e, three major Europe-based developers and operators.
The UK government has launched its consultation on its proposals for kickstarting investment into long-duration energy storage (LDES), which includes a cap-and-floor mechanism and excluding lithium-ion from being eligible.
Developer Emeren has sold two more Italy BESS projects to Matrix Renewables totalling 293MW, bringing the total projects developed and transferred to 1GW.
Executives from Europe-based developers/IPPs Aquila Clean Energy, Kyon Energy and BayWa r.e. look back at the major energy storage trends in 2023 and ahead to 2024.