Europe will need a total of 187GW of energy storage by 2030 and 600GW by 2050 to meet its renewable energy targets, according to the European Association of Energy Storage (EASE).

Novel project in development in Australia combining CSP, molten silicon thermal storage, solar PV and grid-scale BESS appears to be revived.

Nuclear power firm Westinghouse Electric Company has signed a Memorandum of Understanding (MOU) with a state-owned energy company to build 2GWh of pumped thermal energy storage (PTES) capacity in Bulgaria.

The Long Duration Energy Storage Council, the organisation formed last year to push for the global deployment of eight-hour-plus duration storage technologies, has elected its first board of directors.

Group co-owned by State Grid Corporation of China and Singapore Power has halted investment into a hybrid project in South Australia. 

News in brief from around the world in energy storage.

There is still plenty of educating decision-makers on storage’s place on the grid to do for US states to follow in the footsteps California and Texas.

The first awards of funding designed to “turbocharge” UK projects developing long-duration energy storage technologies have been made by the country’s government, with £6.7 million (US$9.11 million) pledged. 

Guidehouse Insights says that the annual power capacity deployments of battery-based residential energy storage systems (RESS) are expected to grow at a CAGR of 21.3% from 2021 to 2030 globally.