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.
Following recent progress for long-duration energy storage projects in California, Terra-Gen has entered the fray with its huge 8GWh hybrid BESS project.
California’s largest electric utility is continuing its push to establish a net-zero energy system by 2040, finalising an offtake agreement for 1.8GWh of battery storage capacity with Aypa Power.
Steady price falls the past few years have made lithium-ion BESS a real contender for long-duration energy storage (LDES), and that is now reflected in global project pipelines.
As the US looks to establish reliable battery supply chains, TerraFlow Energy and ESS Tech look beyond lithium-ion for long-duration energy storage solutions.