South Australia has officially opened its inaugural Firm Energy Reliability Mechanism (FERM) tender round, seeking up to 700MW of long-duration energy storage (LDES) capacity to enhance grid reliability and support the state’s renewable energy transition.
WaterNSW, the state-owned water supplier to New South Wales, Australia, has selected three dams as suitable sites for pumped hydro energy storage (PHES) developments.
Just over 70% of the successful projects in the first window of the UK’s long-duration energy storage (LDES) scheme are using lithium-ion BESS technology.
A trio of energy storage startups: XL Batteries, Unbound Potential and Fourth Power, have raised financing for emerging flow battery and thermal storage technologies.
Projects supported by the UK government’s long-duration energy storage (LDES) cap-and-floor could significantly dampen price spreads but also affect non-LDES flexibility assets.
ESN Premium speaks to Matt Harper, president of flow battery company Invinity Energy Systems, about pursuing a competitive advantage in an emerging space.
Hydrostor has secured US$55 million in funding from Export Development Canada (EDC) to advance development activities for its 200MW/1,600MWh Silver City Energy Storage Centre project in Broken Hill, New South Wales, Australia.