Energy storage developers are securing significant capital and strategic partnerships, with ESS Inc launching a 50MWh iron flow battery pilot, Energy Vault closing a US$300 million investment, and NineDot obtaining US$175 million in debt financing.
Just over 70% of the successful projects in the first window of the UK’s long-duration energy storage (LDES) scheme are using lithium-ion BESS technology.
RWE Renewables Australia has successfully registered Australia’s first 8-hour duration battery energy storage system (BESS) with the Australian Energy Market Operator (AEMO).
Projects supported by the UK government’s long-duration energy storage (LDES) cap-and-floor could significantly dampen price spreads but also affect non-LDES flexibility assets.
Tech giant Google has announced a partnership with utility SRP to help accelerate the commercialisation of non-lithium long-duration energy storage (LDES) technology.
Emerging tech must prove it can outcompete the incumbent, writes Sightline Climate analyst Lukas Karapin-Springorum, outlining the state of play in LDES technology today.
Following recent progress for long-duration energy storage projects in California, Terra-Gen has entered the fray with its huge 8GWh hybrid BESS project.
Steady price falls the past few years have made lithium-ion BESS a real contender for long-duration energy storage (LDES), and that is now reflected in global project pipelines.
Energy storage-focused lithium-ion OEM Hithium has started mass production of the world’s first 1,000Ah+ battery cell, which it is targeting for long-duration energy storage (LDES) applications.
