This Friday Briefing looks at the IEA’s recognition that long-duration energy storage will be essential to global decarbonisation and asks what it might take for that message to translate into immediate action.

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.

Another utility agreement has been signed by Form Energy, the US startup which claims its iron-air battery can provide sufficient stored energy to ride through multiple days of low solar or wind production.

The European Union (EU) Commission has approved a state aid scheme aiming to fund the rollout of over 9GW/71GWh of energy storage in Italy.

Norwegian power company Statkraft has agreed to acquire a 450MW pumped storage hydro project being developed near Loch Ness in Scotland, UK.

Three utility-scale long-duration energy storage (LDES) projects have been selected for contract awards in a tender held on behalf of the state of New South Wales, Australia.

Construction has been completed at a factory making electrolyte for vanadium redox flow battery (VRFB) energy storage systems in Western Australia

Two startups presenting gravity-based energy storage technologies for commercialisation have signed partnerships with major players in engineering and mining.

A roundup of long-duration energy storage (LDES) news from around the world this week.

Energy Dome, the startup commercialising a proprietary carbon dioxide-based long-duration energy storage (LDES) tech called the CO2 Battery, has secured investment into a grid-scale project.