A leaked draft version the policy strategy designed to liberate the European Union from ties to Russian fossil fuel imports, includes no mention of energy storage.
Fluence has reaffirmed its guidance of US$1.1 billion to US$1.3 billion revenues for the 2022 financial year, with the company’s CEO claiming expectations were exceeded in the first quarter “despite short-term headwinds”.
Cross-party backing for a new fossil fuel power plant in Australia has been criticised by experts and clean energy industry voices, who have said battery storage would be a more viable option to provide peaking capacity.
Development has begun in Japan of a marine battery storage vessel that would be charged at sea from offshore wind and then carry the power back to land.