Long-duration energy storage has a crucial role to play in decarbonising the global energy system sufficiently to avoid catastrophic climate change as long as its value can be unlocked.
Energy storage can change electricity’s status as the ultimate ‘just-in-time’ product, where supply and use have to be matched in real-time, but this won’t be possible without increasingly sophisticated software solutions.
Enel X, one of the winners of contracts tendered by Italy’s transmission operator to provide fast response frequency reserve to the grid, has contracted Fluence to supply two battery energy storage system (BESS) solutions.
ESS Inc’s recent special purpose acquisition company (SPAC) merger, which listed the iron flow battery manufacturer’s shares and warrants on the New York Stock Exchange, has raised US$246 million cash.
A commercial fish farm in Austria has opted to use CellCube’s vanadium redox flow batteries (VRFBs) with eight hours’ duration, in combination with solar energy, to reduce the carbon footprint of its operations.
What is thought to be Southeast Asia’s largest battery energy storage system (BESS) to date will be supplied to a solar PV-plus-storage project in Thailand by Sungrow.