With the rise of AI-driven solutions for optimisation of trading using battery energy storage system (BESS) assets, Prudence Heck and Andrew Young of Spearmint Energy consider strategies and risks.
Presenting the most-read news stories on Energy-Storage.news for the first half of 2023, including policy, technology and market developments shaping the industry.
More than 5% of Spain’s renewable energy generation could face economic curtailment between 2025 and 2030, but long-duration energy storage (LDES) could reduce or eliminate that need.
Australian high voltage grid operator Transgrid will host a competitive solicitation for large-scale battery storage resources in areas of New South Wales facing increasing electricity demand.
Italy-based Energy Dome, the maker of a proprietary CO2-based long-duration energy storage system, has closed the second tranche of its Series B, raising another €15 million bringing the total to €55 million (US$62 million).
Scaling up net zero-enabling battery storage technologies will require financiers and investors to share risks with developers, such as those over supply chain.
Projects using novel, non-lithium battery technology have been progressed by organic flow battery firm CMBlu, liquid metal battery firm Ambri, and the NAS battery division of NGK Insulators.