The global need for grid-scale energy storage will rise rapidly in the coming years as the transition away from fossil fuels accelerates.

We hear from two battery storage insurance industry sources about how they view the technology and the main risks they assess when designing policies.

TransAlta has acquired a 50% stake in an early-stage development pumped hydro energy storage (PHES) project in Alberta.

Stem Inc has posted close to a 200% increase in revenues in both its fourth quarter and full-year financial results for 2022.

UK-listed Gore Street Energy Storage Fund has acquired its first asset in California, a 200MW/400MWh battery energy storage system project from developer Avantus.

Suncor’s plan to recover vanadium from coke-fired boilers will receive CA$7 million (US$5.2 million) government funding.

The problem of changes to battery cell order pricing because of raw material index (RMI) pricing has now improved for energy storage offtakers, EPC firm Burns & McDonnell told Energy-Storage.news.

Recommendations for how the US can double its lithium battery revenues have been published by Department of Energy’s Li-Bridge partnership.

The ‘hype cycle’ around long duration energy storage (LDES) is coming to an end and 2023 will be the year when companies must prove their technology can live up to its promises.

Battery storage can enhance the operation of power plant fleets, whether wind, solar, coal, gas or almost any other technology.