Based on the value it provides to grids as shares of renewable energy grow, energy storage is a “very exciting market,” the VP of Goldman Sachs Renewable Power has said.

US Secretary of Energy Jennifer Granholm said yesterday that flow batteries are “good for grid storage” as her Department of Energy (DoE) announced funding to support domestic manufacturing for the energy storage technology.

This year’s Winter Storm Uri caused havoc in Texas, particularly in the energy sector, where extreme weather and a resultant set of generation problems and transmission grid issues led to loss of power and even loss of life across the US state. Ricardo F. Rodriguez, a senior consultant from analysis and research group Guidehouse looks at another aspect of the situation: the impact on the state’s telecommunications infrastructure and how battery energy storage could provide a greater degree of certainty and resilience to this vital network.

The success of an auction for fast reserve grid services held by Italy’s transmission system operator (TSO) indicates a strong appetite for battery storage, but market rules and regulations need some revision to capture that opportunity.

LG Energy Solution, formerly known as LG Chem, is offering free replacements to customers for some of its battery energy storage systems sold in Australia due to potential defects that could cause overheating.

The benefits – and remaining challenges – of the UK’s new frequency response service Dynamic Containment (DC) were discussed at today’s Energy Storage Summit by a panel of experts and industry stakeholders.

Digital software company Capgemini is partnering with battery energy storage startup Verkor to help bring to life a 16GWh-capacity lithium-ion cell factory in France.

Fluence has struck a deal that could showcase new digital capabilities since it took over energy storage artificial intelligence and software provider Advanced Microgrid Solutions (AMS) last year.

Smart energy infrastructure company SMS has begun construction on its first battery energy storage project in the UK.

ESS Inc, the US-headquartered manufacturer of a flow battery using iron and saltwater electrolytes, has launched a new range of energy storage systems starting at 3MW power capacity and promising 6-16 hours discharge duration.