Major US utility company Duke Energy has submitted its final license application to the Federal Energy Regulatory Commission (FERC) to extend operation at the Bad Creek Pumped Storage Hydroelectric Station for an additional 50 years.
Energy storage developer and system integrator Energy Vault has received approval to pursue market-based participation in the California Independent System Operator (CAISO) with the Calistoga Resiliency Centre (CRC).
The hugely anticipated draft National Electricity Market (NEM) review report, led by Tim Nelson, has been released, outlining key market reforms with implications for energy storage.