The UK battery storage market is suffering a “weak revenue environment”, with assets not able to participate in balancing the GB grid or replacing gas-fired generation to their fullest capability, according to Gresham House Energy Storage Fund.
The amount invested in energy storage soared globally during 2023, while battery manufacturing will require the biggest share of spending among clean energy technologies by 2030 to achieve net zero.
The Canadian province of Ontario should put around 6GW of long-duration energy storage (LDES) on its grid by 2032 to cost-effectively meet demand and stay on track to hit net zero targets.
IPP Neoen has started construction on a 2-hour 56.4MW/112.9MWh BESS in Finland, in the context of market dynamics which optimiser Capalo AI explained to Energy-Storage.news.
Energy-Storage.news is proud to present our sponsored webinar with GridBeyond, where we discuss risk and reward in the battery storage sector with a particular focus on the UK market.
The Indiana Utility Regulatory Commission (IURC) has given its approval to a proposed large-scale battery storage project in development in the US state by AES Corporation’s regional utility subsidiary.
Origin Energy will invest around AU$400 million (US$263.7 million) in a battery storage project at the site of one of its gas power plants in the state of Victoria.
Turkey and India’s policies towards battery imports and domestic production, astonishment at China’s 2023 deployment figures and sifting through some ‘bragawatt-hour’ claims in this week’s Friday Briefing.
UK-headquartered Zenobē Energy attracted the most venture capital (VC) funding of any company in the energy storage industry during 2023, as found by Mercom Capital.
