Long-duration energy storage was firmly on the agenda and among the talking points of attendees at Energy Storage Summit EU in London.

The US utility-scale battery storage sector achieved its highest-ever annual deployments in 2022, a year in which solar PV and wind underperformed against expectations.

Developer PowerField’s first large-scale battery storage projects in the Netherlands will be installed at solar PV parks, allowing them to connect to an otherwise congested grid network.

The UK’s T-4 Capacity Market auction has cleared in its third round at a record high of more than double the previous record high price.

The global need for grid-scale energy storage will rise rapidly in the coming years as the transition away from fossil fuels accelerates.

Australia has an “urgent need” for long-duration energy storage, along with new generation resources and transmission infrastructure.

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

Recommendations for how the US can double its lithium battery revenues have been published by Department of Energy’s Li-Bridge partnership.

Sumitomo Electric will step up its VRFB business in the US, with plans to invest in local production and installation capabilities.

Imperial County has approved schemes to incentivise investment into lithium value chain, leveraging the region’s abundant brine resources.