There is a four-fold difference between how much energy storage the US Department of Energy (DOE) forecasted would be deployed by 2040 before the Inflation Reduction Act (IRA), and how much it now forecasts.

The European Union’s new Batteries Regulation will be a driver of change in how the energy storage system industry thinks about procurement and managing batteries at the end of life.

Battery storage developers and operators discussed the challenges and opportunities in the US market, on the first day of Solar Media’s Energy Storage Summit (ESS) USA 2024.

Arizona utility Salt River Project (SRP) and renewables developer NextEra Energy Resources have commissioned a 1GWh battery energy storage system (BESS) in Buckeye, Arizona, US.

The Michigan Public Service Commission (MPSC) has approved a bid made by the DTE Electric Company to replace a coal-fired power plant in Michigan with battery storage.

The operating capacity of battery storage in the US grew by 7.9GW last year, bringing the country’s total cumulative installed base to 17GW by the end of 2023.

Two years of volatility in the lithium-ion battery storage industry have seen prices tumble and a host of supply-chain complexities come to the fore.

Eos Energy Enterprises, ESS Inc and Energy Vault have increased their revenues and narrowed losses, according to financial results from the three ‘non-lithium’ energy storage companies.

Kai-Philipp Kairies, CEO of analytics firm ACCURE, discusses some of the areas in which battery analytics can have the most impact on battery energy storage system (BESS) project success.

Europe’s response to the US’ Inflation Reduction Act (IRA) has been a big talking point at Giga Europe, and one panellist said the simplicity of the IRA has been key to its success.