With nearly half of global emissions coming from heat processes, clean long duration energy storage (LDES) which can store thermal energy are crucial for decarbonisation, says a new LDES Council report.
Nuclear power firm Westinghouse Electric Company has signed a Memorandum of Understanding (MOU) with a state-owned energy company to build 2GWh of pumped thermal energy storage (PTES) capacity in Bulgaria.
The Long Duration Energy Storage Council, the organisation formed last year to push for the global deployment of eight-hour-plus duration storage technologies, has elected its first board of directors.
It’s been a positive week for thermal energy storage technology, with utility Edison International validating a cold storage solution, a collaboration between two groups to achieve 100% round trip efficiency, and an acquisition involving several intellectual property rights patents.
A seasonal heat storage plant which will have a capacity of about 90GWh looks set to begin construction next year in Vantaa, Finland, with water stored in underground caverns heated to 140°C using renewable energy and waste heat.