KORE Power CEO Lindsay Gorrill speaks with ESN Premium about the US startup’s manufacturing plans, why NMC won’t go away anytime soon, and where he thinks the BESS market is going.
Prices of lithium and the battery supply chain for energy storage systems are becoming manageable once again, but lead times for transformers and other equipment have greatly extended.
The New York Public Service Commission has given utilities until the end of 2028 to put in place large-scale energy storage resources, extending a previous 2025 deadline.