Cumulative energy storage installations will go beyond the terawatt-hour mark globally before 2030 excluding pumped hydro, with lithium-ion batteries providing most of that capacity, according to new forecasts.

Lessons will be learned from an overheating incident at a thermal energy storage demonstration unit to which fire crews were called, the company behind the technology has said.

The US Department of Defense Defense Innovation Unit will try out ‘prototype advanced energy systems’ based around LDES technologies.

Advanced compressed air energy storage (A-CAES) technology firm Hydrostor has signed a binding agreement with mining firm Perilya to progress the construction of a project in New South Wales, Australia.

The US Department of Energy (DOE) has shortlisted the projects to receive US$325 million for long-duration energy storage (LDES), with technology providers including Energy Dome, Invinity, Form Energy and Redflow.

Dominion Energy will pilot deployment of two novel non-lithium technologies designed for long-duration energy storage (LDES) applications.

Flow battery companies at the RE+ 2023 show in Las Vegas offered takes on how their technologies can compete in the evolving energy storage market.

Enervenue’s new metal-hydrogen ‘vessel’ has “even more advantages over lithium-ion for stationary storage applications”, its CRO has claimed.

Zinc battery storage company Eos Energy Enterprises has received positive news from the US Department of Energy (DOE) regarding a US$398.6 million loan.

Vanadium producer Largo Inc has appointed financial advisors to undertake a “strategic review” of its downstream energy storage deployment arm Largo Clean Energy.