Two leading developers of energy storage resources in New York explain what the industry can get excited about as the market develops – and what it should be wary of.

Pomega is selling the future offtake from its South Carolina ESS gigafactory into a market with “a lot of scepticism about whether US battery cell production is viable”, its VP business development told Energy-Storage.news.

‘CO2 Battery’ startup Energy Dome was only founded in 2020 but has drawn the attention of media and investors alike already.

The new investment tax credit (ITC) for standalone energy storage means some US developers are opting to overbuild systems instead of augmenting them further down the line.

The downstream arm of vanadium producer Bushveld Minerals and other industry sources have responded to yesterday’s article about flow battery technology’s suitability for a tender in South Africa.

The decision by the new owners of UK gigafactory startup Britishvolt to pivot its initial focus towards energy storage rather than EVs has pros and cons, a senior industry consultant told Energy-Storage.news

The second high-profile battery storage failure due to a faulty sprinkler system could mark the beginnings of exclusions from insurance policies if certain providers develop a negative track record, a source said.

The battery storage industry can learn lessons on how to approach fire safety from more established sectors as it works to develop standards.

There is more work to be done on ensuring alignment between maximising grid-scale battery revenue and maximising system benefits, said panellists on Day 2 of the Energy Storage Summit.