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.
Tom Sisto, CEO of US flow battery provider XL Batteries, writes that lithium-ion batteries’ dependence on a supply chain controlled almost completely by one country is a risk that could be avoided.