Canada will introduce tax credit incentives and invest in developing and manufacturing solar PV, energy storage and other renewable energy technologies in an Inflation Reduction Act-style scheme.

National science agency CSIRO has said Australia needs multiple energy storage technologies at massive scale to achieve its transition.

Adapting transmission infrastructure and accurately valuing energy storage are the major challenges to deployments in the US today, said panellists on the Keynote discussion at Energy Storage Summit USA today.

The investment tax credit is an undoubted game changer for the US industry, but it isn’t easy or cheap to capture its benefits.

The New York Public Service Commission has given utilities until the end of 2028 to put in place large-scale energy storage resources, extending a previous 2025 deadline.

The government of Nova Scotia amends Electricity Act with the view to accelerating the deployment of energy storage.

The European Commission has approved a €103 million (US$125 million) package of direct grants from the government in Romania for battery storage projects.

UK utility SSE has put £100 million (US$123 million) into its Coire Glas pumped hydro project in Scotland for pre-construction activities, but said that new policy is needed for it go to final investment decision (FID).

The first phase of a residential battery storage program in the US state of New Hampshire has met all its conditions and saved the utility “more than expected” after an initial 100 units were deployed.

The European Commission support for manufacturing of clean energy technologies a “game changer” for making the battery industry competitive.