Total’s acquisition of battery provider Saft has set the tone for oil majors to follow and invest in energy storage, distributed generation and solar power ventures, according to a new report from Lux Research.

DNV GL has launched the GRIDSTOR Join Industry Project, aimed at forming a recommended practice for energy storage, to which it wants to invite 15 partners from across a range of stakeholders.

Energy storage technologies are not the “silver bullet” they have sometimes been hyped as, but nonetheless have a crucial role to play in a decarbonised electricity system, according to the International Energy Agency (IEA).

NEC Corporation has commissioned a 2MWh lithium-ion battery energy storage system designed to ease the integration of renewable energy into the grid for Italian distribution system operator (DSO) Enel Distribuzione.