Investment in energy storage in the US has gradually built up momentum, but what will really take it into the mainstream – and when? A panel of financiers discuss their opinions and experiences in this panel session.

It is increasingly becoming recognised that energy storage is crucial in helping the UK to meet its targets for reducing emissions and ensuring reliability of the energy system. In this panel discussion from the Energy Storage Summit 2021 held earlier this year, experts and stakeholders discuss what sort of changes might need to happen to make that contribution possible.

This expert panel from the Energy Storage Summit 2021 brought together leading figures in the finance community to discuss the different financing and business models they’ve seen, and how they expect the market to evolve for energy storage in the UK.

New technology which can help prevent flammable gas build-up in lithium-ion battery storage systems is being made available for “low-cost, non-exclusive licensing” by the US Department of Energy’s Pacific Northwest National Laboratory (PNNL).

Gatekeepers of the electric grid – and electricity markets – in the US discuss the primary challenges facing energy storage and reveal what their organisations are doing to unlock the true value of batteries and other storage.

The US’ Federal Energy Regulatory Commission (FERC) has blocked a request to delay implementation of new market participation rules for energy storage made by the Mid-Continent Independent System Operator (MISO).

California governor Gavin Newsom has tabled a revision to the US state’s budget which would put US$100 billion into economic recovery, including US$912 million to accelerate progress on climate change mitigation through the energy sector and US$3.2 billion for zero emissions vehicles support.

US power and energy infrastructure developer, investor and operator LS Power has bought up GI Energy, a provider of clean energy solutions for commercial and industrial (C&I) customers with projects spanning the east and west coasts.

Experts Frank Burke from the Irish Energy Storage Association and Bernice Doyle of Statkraft Ireland talk about the growing need for energy storage, how the market has rapidly developed so far and what it needs to look like to achieve a stable, decarbonised and secure energy system on the island of Ireland.