The costs of certain long-duration energy storage (LDES) technologies are expected to decline by around 37% on average by 2030, according to a new study.
According to specialist renewable energy insurance company kWh Analytics’ 2025 Solar Risk Assessment, concern around battery energy storage system (BESS) safety has risen following recent fire incidents.
EPRI, Southern Company and Storworks have completed testing of a concrete thermal energy storage pilot project at a gas plant in Alabama, US, claimed as the largest of its kind in the world.
Battery storage failure incidents have dramatically decreased in frequency in the last few years, but the industry still needs to be more transparent and share data when incidents occur.
Energy storage deployment in the US is growing at a phenomenal pace. But the appetite for storage is much greater than the ability to build, and getting grid interconnection rights is often the biggest hurdle.