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Wood Mackenzie: Investment pours in for long-duration energy storage, but scale remains challenge
December 8, 2022
Enough money invested in long-duration energy storage technologies and projects over the past three years to result in 57GW of deployments.
Europe to hit 9.3GWh of residential battery storage by end of 2022
December 8, 2022
Residential battery storage capacity in Europe is set to reach 9.3GWh by the end of the year, according to SolarPower Europe.
Lithium battery pack prices go up for first time since BloombergNEF began annual survey
December 6, 2022
Lithium-ion battery pack prices have gone up 7% in 2022, marking the first price rise since BloombergNEF began its surveys in 2010.
NREL: US utility-scale energy storage costs grew 11-13% in Q1 2022
December 1, 2022
Energy storage costs in the US grew 13% from Q1 2021 to Q1 2022, said the National Renewable Energy Laboratory (NREL) in a cost benchmarking analysis.
Philippines’ Aboitiz Power commissions 49MW BESS on floating power barge
December 1, 2022
A 49MW battery storage system has just been commissioned at a floating diesel power plant in Mindanao, Philippines.
Batteries earn big in European ancillary services, but investors warned of high expectations
November 30, 2022
Energy crisis resulted in high ancillary services revenues for battery storage, with some assets earning four times more than expected.
Philippines regulators consider energy storage ownership rules and definition – report
November 29, 2022
The Philippines Department of Energy (DOE) and regulators are considering changing rules governing ownership of grid-connected energy storage systems.
Iowa utility urged to put renewables and batteries over coal in long-term plans
November 24, 2022
MidAmerican’s plan to continue burning coal at five Iowa power plants environmentally harmful, more costly than low-carbon alternatives.
Ukraine tender would pair hydroelectric plants with large-scale battery storage
November 23, 2022
Tender to pair hydro plants in Ukraine with battery storage, amid reports of massive damage to the country’s grid and generation fleet.
Invinity sells 2.2MWh of flow batteries to Taiwan’s Bei Ying International Corporation
November 22, 2022
Invinity Energy Systems has sold 2.2MWh of vanadium redox flow batteries (VRFB) for use in Taiwan.
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