UK power generation firm Drax will not bid its Cruachan II pumped hydro energy storage (PHES) project into the LDES cap and floor scheme, saying that costs have risen while ‘recoverability of capital’ is unclear.
Leading BESS owner-operators in the UK have signalled their opposition to the government’s cap and floor support scheme for long-duration energy storage (LDES) in an open letter. We spoke to one its signatories James Basden, founder of Zenobē, about why.
The UK government has published a Technical Decision Document confirming crucial aspects of its long duration electricity storage (LDES) cap-and-floor scheme, which includes increasing the minimum duration required from six hours to eight.
Florida’s largest utility, Florida Power & Light (FPL), is ramping up its energy storage ambitions across the Sunshine State, with plans to deploy over 2.2GW of new BESS between 2026 and 2027.
Ahead of the Energy Storage Summit Australia 2025, which will take place next week (18-19 March) in Sydney, we take a look at some of the key debates set to take centre stage at the event.
The capabilities of lithium-ion battery storage in providing long-duration energy storage to global energy systems should not be overlooked, write Kotub Uddin and Sam Secher of Envision.
Invinity Energy Systems and Frontier Power have partnered to deploy vanadium flow batteries under the UK Long Duration Energy Storage (LDES) procurement process.
The Gore Street Energy Storage Fund (GSF) was one of the early movers in the UK BESS industry and now has operational assets in Great Britain (GB), Ireland, Germany, Texas and California.
The government of California has approved a US$42 million grant to Pennsylvania-based IPP International Electric Power (IEP) for a long-duration energy storage project at Marine Corps Base Camp Pendleton, in San Diego County.
