FlexGen and Eos Energy Enterprises, two US energy storage sector companies with different specialisations, have entered the European market.

Long-duration energy storage (LDES) technologies are becoming increasingly viable options to add flexibility to the European electricity network, according to a new report.

A ‘staged approach’ to implementing the EU Battery Passport could be essential if Europe is to improve its battery supply chain.

‘We are walking with open eyes into new dependencies,’ said ReCharge’s Ilka von Dalwigk at the Energy Storage Summit.

The inertia market could be a significant contributor to the German energy mix, despite the challenges that remain.

Minimising counterparty risk is a key component of the German BESS sector, particularly amid ongoing political uncertainty.

“The word tsunami describes very well the hype that was in Germany,” said Cristina Yandiola at this week’s Energy Storage Summit.

The upcoming German capacity market must be designed in such a way that enables BESS to generate revenue, according to industry experts.

The UK’s NESO has cleared 150GW of BESS from its grid connection queues, according to figures from BloombergNEF.

Norway-headquartered ESS-focused battery startup Morrow has filed for bankruptcy, in another blow to Europe’s domestic battery industry.