“Short duration flexibility has a massive role to play in reducing the costs of the Great British energy system, saving £10 billion a year by 2050,” Duncan Stone said this morning at the Energy Storage Summit 2025 in the UK.
The New South Wales government has revealed that its green bank, the Energy Security Corporation, will invest in short to long-duration energy storage (LDES) projects as part of its first Investment Mandate.
The Gore Street Energy Storage Fund (GSF) was one of the early movers in the UK BESS industry and now has operational assets in Great Britain (GB), Ireland, Germany, Texas and California.
Largo has announced the successful closing of the previously announced transaction between its subsidiary, Largo Clean Energy Corp. and Stryten Critical E-Storage to establish joint venture Storion Energy.
Western Australia’s Premier Roger Cook of the Labor Party has pledged to invest AU$150 million (US$92.4 million) into a 500MWh 10-hour duration vanadium battery energy storage system (BESS) should it be re-elected in the upcoming state election.
Energy Storage Award 2024 winner, Semih Oztreves, head of network infrastructure at BESS developer-investor Zenobē Energy, takes part in our annual Q&A series.
The US Department of Energy’s (DOE) Loan Programs Office (LPO) has made a conditional commitment for a loan to long-duration energy storage (LDES) developer and operator Hydrostor of up to US$1.76 billion.
