This Friday Briefing looks at the IEA’s recognition that long-duration energy storage will be essential to global decarbonisation and asks what it might take for that message to translate into immediate action.
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.
Energy storage systems (ESS) will become India’s most invested-in clean energy asset class during this decade, but it’s likely to be pumped hydro, not lithium-ion batteries, that see the most deployments.
Two startups presenting gravity-based energy storage technologies for commercialisation have signed partnerships with major players in engineering and mining.
Renewable energy independent power producer (IPP) Greenvolt is close to bringing a 5MW/5MWh battery energy storage system (BESS) online at its biomass plant in Coimbra, Portugal.
Three large-scale battery storage projects and one virtual power plant were the winners of a recent competitive tender held on behalf of the government of New South Wales (NSW), Australia.