We hear from two battery storage insurance industry sources about how they view the technology and the main risks they assess when designing policies.

Deutsche Telekom has announced the first battery energy storage system installation in a 300MWh rollout in Germany, with Norwegian firm Pixii the technology provider.

Grid operators from across Europe believe energy storage is a vital flexibility resource that should be incentivised.

Stem Inc has posted close to a 200% increase in revenues in both its fourth quarter and full-year financial results for 2022.

UK-listed Gore Street Energy Storage Fund has acquired its first asset in California, a 200MW/400MWh battery energy storage system project from developer Avantus.

The problem of changes to battery cell order pricing because of raw material index (RMI) pricing has now improved for energy storage offtakers, EPC firm Burns & McDonnell told Energy-Storage.news.

LG Energy Solution has joined the global Task Force on Climate-related Disclosures (TFCD).

Battery storage can enhance the operation of power plant fleets, whether wind, solar, coal, gas or almost any other technology.  

Battery storage projects totalling 627MW were awarded contracts in the UK’s 2023-24 Capacity Market auction which concluded yesterday (14 February), nearly a two-thirds jump on last year’s.

Two large-scale battery storage systems which will help power iron ore mining operations in Western Australia have been commissioned.