The US Department of Energy (DOE) has shortlisted the projects to receive US$325 million for long-duration energy storage (LDES), with technology providers including Energy Dome, Invinity, Form Energy and Redflow.
Long-duration energy storage (LDES) may be in something of a ‘dot com’ moment, but grid operators cannot afford the ‘hiccup’ of any bubble bursting, a senior ISO manager said at Energy Storage Summit USA.
Largo Clean Energy, part of vanadium primary producer Largo Resources, and Ansaldo Green Tech are exploring the potential of a joint venture for deploying vanadium flow batteries.
System integrator Powin Energy has raised US$135 million from its existing shareholders Trilantic and Energy Impact Partners and new investor GIC, just weeks after a Samsung subsidiary took a minority stake.
Long-duration energy storage has a crucial role to play in decarbonising the global energy system sufficiently to avoid catastrophic climate change as long as its value can be unlocked.
A 2.5MW / 4MWh demonstration system using novel energy storage technology based on a “carbon dioxide battery” has begun construction in Sardinia, Italy.
