The increasing cost-competitiveness of LFP battery cells has made first life batteries more attractive than second life ones, Finland-based BESS solutions firm Cactos told Energy-Storage.news after a €26 million (US$28.5 million) fundraise.
Developers in the US plan to install 15GW of new utility-scale battery storage, adding to about 16GW of storage installed so far, according to government statistics.
The results of Poland’s recent capacity market auction have been revealed, with a clearing price significantly lower than the previous years and IPP Greenvolt saying it won the lion’s share of around 1.7GW of BESS awarded contracts.
A frequency event which nearly caused major disruption of the electricity grid in Britain could have been more effectively dealt with had network dispatchers called on more of the country’s battery storage.
We bring you the energy storage technology predictions of Aquila Clean Energy EMEA, Kyon Energy and BayWa r.e, three major Europe-based developers and operators.
The UK government has launched its consultation on its proposals for kickstarting investment into long-duration energy storage (LDES), which includes a cap-and-floor mechanism and excluding lithium-ion from being eligible.
The newest ancillary services product in Australia’s National Electricity Market (NEM) has been forecast to offer “significantly higher” revenues than other opportunities for battery storage.
Utility New York Power Authority (NYPA) is seeking to collaborate with renewable energy and energy storage developers and operators, as part of the state’s push to deploy more clean energy resources.
Energy-Storage.news learns about New York City’s first-ever vehicle-to-grid (V2G) pilot project, which is entering a second stage after a successful start to its operational life.
