Just over 70% of the successful projects in the first window of the UK’s long-duration energy storage (LDES) scheme are using lithium-ion BESS technology.
The Baltics is among the most attractive regions in Europe for battery energy storage system (BESS) investment right now, with the recent decoupling from Russia and increasing renewable energy use sending flexibility needs soaring.
A trio of energy storage startups: XL Batteries, Unbound Potential and Fourth Power, have raised financing for emerging flow battery and thermal storage technologies.
BYD has presented its latest grid-scale BESS product, pushing energy density even further to its limits, while Eve and Sunwoda have progressed commercialisation of high capacity battery cells.
Power firm PGE has started building a 262MW/981MWh BESS in Poland with LG batteries, coinciding with Solar Media’s Energy Storage Summit CEE, which kicked off today (23 September).
Projects supported by the UK government’s long-duration energy storage (LDES) cap-and-floor could significantly dampen price spreads but also affect non-LDES flexibility assets.
Fluence has deepened its partnership with Ukraine-headquartered energy company DTEK, agreeing to supply a large-scale battery storage project in Poland.
IPP EP Produzione has ordered 220MWh of BESS from inverter and energy storage firm Sungrow in Italy, with a storage-focused capacity auction scheme just 11 days away.
A flurry of BESS project deployment news in Germany from Re.venture, Green Flexibility, EWE and Terra One, with the projects designed to relieve grid congestion and one configured for a 4-hour duration.
