Just over a year ago, the passing of the Inflation Reduction Act brought in what has been considered the biggest legislative action on climate seen in the US.
Sumitomo Electric will supply an 8-hour duration vanadium redox flow battery (VRFB) to a recently-established municipal power company in Niigata, Japan.
UK-based energy industry data platform company Modo Energy’s monthly Revenue Benchmark has found that battery energy storage revenues in the country increased by 53% between June and July.
More than AU$1 billion (US$0.65 billion) of financial commitments to large-scale battery energy storage system (BESS) projects were made in Australia in the second quarter of this year.
Ben Lincoln, energy expert at intellectual property law firm Potter Clarkson, looks at patent filing activity in energy storage technologies outside the world of electrochemical batteries.
Closed-loop pumped hydro energy storage (PHES) has fewer emissions associated with its development, construction and use than other leading options for large-scale energy storage.