E.ON spinout Uniper Energy Storage has received €2.75 million in EU grant funding towards a project to store hydrogen at scale in a salt cavern in Northern Germany.
After falling by more than two-thirds in quarter one 2022, energy storage order intake increased 19% in quarter two for marine and energy solutions company Wärtsilä.
Spanish utility Iberdrola has inaugurated its ‘Tâmega Gigabattery’ in northern Portugal, a renewable energy complex including pumped hydro with an energy storage capacity of 40GWh.
The UK will have 50GW-plus of energy storage installed by 2050 in a best case scenario attainment of net zero, according to grid operator National Grid’s Future Energy Scenarios report.