The Energy Storage Report 2024

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

government funding

December 11, 2020
A AU$20.3 million (US$15.36 million) project to demonstrate the capabilities of utility-scale vanadium flow battery storage in combination with solar PV has been announced in South Australia, with the Federal government helping to fund the project.
April 15, 2020
Targeting a national economic goal in mind of making hydrogen competitive with natural gas, Australia’s government has put AU$70 million (US$44.3 million) into a “deployment funding round” for renewable hydrogen.
February 3, 2020
The India Energy Storage Alliance (IESA) has welcomed provisions in finance minister Nirmala Sitharam’s Union Budget 2020-2021 to support renewables and prioritise climate change policy, although the group hopes more will be done to support in-country manufacturing of batteries for applications including ESS.
October 30, 2018
Nova, an Edinburgh-headquartered firm has claimed a world first in pairing Tesla batteries with its own tidal energy turbines in Scotland, supported by government funding.
September 19, 2018
Just over US$28 million has been awarded by the US Department of Energy to projects that could deliver energy storage durations of up to 100 hours, while also committing US$120m to the Joint Center for Energy Storage Research (JCESR).
September 5, 2018
The Australian state of Victoria has been given a “taste of what’s possible” with the launch of utility Origin Energy’s first virtual power plant (VPP) project to date.
July 9, 2018
Australia’s energy and environment minister has hailed the country’s accelerating residential energy storage sales as a report has emerged from Chief Scientist Dr Alan Finkel which says the “financial equation is straightforward” for adding batteries to home PV systems.
June 5, 2018
Australia could be getting its first lithium-ion battery ‘Gigafactory’, with some progress made in the past few days for a facility proposed to be built in Queensland.
May 15, 2018
A new consortium, V2GB (Vehicle to Grid Britain), will develop driver-centred business models to support the rapid roll out of vehicle-to-grid (V2G) technologies, enabling millions of electric car batteries to become a vital part of the UK energy system. National Grid, carmaker Nissan’s European Technical Centre, Moixa and energy consultancy Element Energy have come together to help work out how to reward drivers who use electric vehicle (EV) batteries to support the power network. Chris Wright, the Chief Technology Officer of UK home battery company Moixa, talks us through the mission behind V2GB and the potential impact of the study.
March 28, 2018
Simply Energy, the Australian retail arm for ENGIE, will aggregate 6MW of Tesla household batteries together with 2MW of demand response at commercial premises in Adelaide in a project supported by the government-backed Australian Renewable Energy Agency (ARENA).

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