We hear from UK battery storage developer-operators and long-duration energy storage (LDES) technology firms on the government’s recently-released LDES consultation, which has proposed a cap and floor scheme to kickstart investment.
The UK government has launched its consultation on its proposals for kickstarting investment into long-duration energy storage (LDES), which includes a cap-and-floor mechanism and excluding lithium-ion from being eligible.
Europe-based organic flow battery company CMBlu has won its second US project, a 5MW, 10-hour duration pilot system with Arizona utility Salt River Project (SRP).
Iberdrola expects its 880MW pumped hydro plant at the Tâmega energy storage complex in northern Portugal to become fully operational in the middle of this year.
Microsoft, Google and 10 other companies have joined the Long Duration Energy Storage (LDES) Council, a CEO-led organisation launched at COP26 in November to push for the global deployment of technologies that can store and discharge energy for eight hours or longer.
Hydrostor believes it can get three advanced-compressed air energy storage (A-CAES) projects totalling 1.1GW/8.7GWh built in California and Australia by 2026, but regulators elsewhere need to remove barriers for A-CAES and other long-duration storage technologies to thrive, the company’s CEO has said.
An eight-hour duration lithium-ion battery project has become the first long-duration energy storage resource selected by a group of non-profit energy suppliers in California.
