The New Jersey Board of Public Utilities has proposed a number of policies to incentivise the deployment of standalone energy storage, to help hit a 2GW target.
Oil and gas major TotalEnergies, thermal energy storage system company 1414 Degrees and six other companies have joined the Long Duration Energy Storage (LDES) Council.
Recent policy announcements from the European Union could boost the energy storage market, an analyst says, but also reveal inherent weaknesses of the bloc’s free electricity market.