Market Watch

Panellists at the LDES technology session, moderated by analyst Sam Wilkinson (left). Image: Gareth Davies / Solar Media

World needs ‘collaborative competition to capture US$4 trillion long-duration opportunity’

March 1, 2023
Long-duration energy storage was firmly on the agenda and among the talking points of attendees at Energy Storage Summit EU in London.
crimson largest biggest energy storage 2022

US installed grid-scale battery storage capacity reached 9GW/25GWh in ‘record-breaking’ 2022

February 28, 2023
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.
Visitors to a PowerField solar PV plant's open day event in 2022. Image: PowerField via Twitter.

Developer finds way around Dutch grid congestion with batteries at solar PV plants  

February 28, 2023
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.
Gore Street's Lower Road battery energy storage system (BESS). Image: Gore Street.

1.29GW of battery storage wins contracts in UK’s T-4 Capacity Market auction

February 23, 2023
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.
Highview Power's liquid air energy storage (LAES) commercial demonstrator in England, UK. Image: Highview Power.

Diversifying a US$200 billion market: The alternatives to Li-ion batteries for grid-scale energy storage

February 21, 2023
The global need for grid-scale energy storage will rise rapidly in the coming years as the transition away from fossil fuels accelerates.
Rendering of the Waratah Super Battery. Image: Powin Energy.

‘Urgent need’ for Australia to invest in long-duration energy storage, says AEMO

February 21, 2023
Australia has an “urgent need” for long-duration energy storage, along with new generation resources and transmission infrastructure.
Inauguration of Ukraine's first grid-scale BESS in 2021. Ukraine joined ENTSO-E as an Observer Member in April 2022. Image: DTEK.

Europe’s transmission grid operators back energy storage in EU Electricity Market Reform consultation

February 20, 2023
Grid operators from across Europe believe energy storage is a vital flexibility resource that should be incentivised.
Porous sulfur-containing interlayer of a lithium-sulfur cell at Argonne National Laboratory after 500 charge-discharge cycles. Shown is the microstructure and elemental mapping of silicon, oxygen and sulfur. Image: Guiliang Xu/Argonne National Laboratory.

US can capture 60% of value of rising domestic lithium-ion demand by 2030, DOE-led study says

February 16, 2023
Recommendations for how the US can double its lithium battery revenues have been published by Department of Energy’s Li-Bridge partnership.
Sumitomo Electric exhibiting at a trade event in Tokyo, Japan in 2020. Image: Andy Colthorpe / Solar Media

Sumitomo Electric to expand US flow battery business

February 13, 2023
Sumitomo Electric will step up its VRFB business in the US, with plans to invest in local production and installation capabilities.
Part of the inland Salton Sea in California's prospective 'Lithium Valley'. Image: Imperial County Board.

California’s ‘Lithium Valley’ will incentivise battery value chain investments

February 10, 2023
Imperial County has approved schemes to incentivise investment into lithium value chain, leveraging the region’s abundant brine resources.

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