The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

compressed air energy storage

April 13, 2023
The UK Department for Energy Security and Net Zero (DESNZ) is providing £30 million (US$37.5 million) in grants for long-duration energy storage (LDES) projects from Synchrostor, Invinity Energy Systems and Cheesecake Energy.
March 8, 2023
The UK government is looking to bring in policy specifically around long-duration energy storage (LDES) by the end of next year.
February 21, 2023
The global need for grid-scale energy storage will rise rapidly in the coming years as the transition away from fossil fuels accelerates.
January 30, 2023
The Philippines Department of Energy (DOE) has outlined new draft market rules and policies for energy storage, a month after the country allowed 100% foreign ownership of renewable energy assets.
December 21, 2022
Utility Eneco and Corre Energy have signed an agreement for the latter to deploy a 320MW, 84-hour duration compressed air energy storage system (CAES) in Groningen, the Netherlands.
November 2, 2022
The Solar Energy Corporation of India (SECI) is seeking proposals for non-battery energy storage projects to supplement renewable energy generation, and will cover up to 100% of project costs.
October 26, 2022
Construction has started on a 350MW/1.4GWh compressed air energy storage (CAES) unit in Shangdong, China.
October 25, 2022
ARENA funding will support Hydrostor’s advanced compressed air energy storage (A-CAES) project in New South Wales.
September 2, 2022
Compressed air long-duration energy storage (A-CAES) solution provider Hydrostor has chosen Kiewit to provide engineering and design studies for its 500MW Willow Rock Energy Storage Center in California, US.
July 18, 2022
Hydrostor waits to hear if one of its proposed large-scale projects in California will get approved to supply electricity.

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