The Energy Storage Report 2024

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

cost reduction

July 19, 2024
Peak Energy, a startup claiming to be the ‘first American venture to advance globally proven sodium-ion battery systems,’ has raised US$55 million in a Series A funding round.
June 6, 2024
According to Lazard, the impact of Inflation Reduction Act (IRA) incentives on the business case for battery storage in the US is now significant.
June 3, 2024
Some long-duration energy storage (LDES) technologies are already cost-competitive with lithium-ion (Li-ion) but will struggle to match the incumbent’s cost reduction potential.
May 15, 2024
US zinc hybrid cathode battery storage manufacturer Eos Energy Enterprises has reaffirmed revenue guidance and expects to achieve a positive contribution margin this year.
October 18, 2023
Cumulative energy storage installations will go beyond the terawatt-hour mark globally before 2030 excluding pumped hydro, with lithium-ion batteries providing most of that capacity, according to new forecasts.
June 20, 2023
The US National Renewable Energy Laboratory (NREL) has updated its long-term battery energy storage system (BESS) costs through to 2050, with costs potentially halving over this decade.
September 20, 2022
Supply chain constraints impacting the energy storage industry have come at a “critical” stage for the sector’s development, a BloombergNEF analyst has said.
September 8, 2022
The Q3 2022 edition of our journal PV Tech Power is now available to download, featuring in-depth coverage on the rise of solar-plus.
September 6, 2022
LFP batteries from CATL and Narada are among those ranked highest performance for stationary energy storage in DNV’s new ‘Battery Scorecard’.
September 5, 2022
High cost and material availability are the main non-technical barriers to energy storage deployment at the scale needed, according to a new report from MIT.

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