UK power generation firm Drax will not bid its Cruachan II pumped hydro energy storage (PHES) project into the LDES cap and floor scheme, saying that costs have risen while ‘recoverability of capital’ is unclear.

Leading BESS owner-operators in the UK have signalled their opposition to the government’s cap and floor support scheme for long-duration energy storage (LDES) in an open letter. We spoke to one its signatories James Basden, founder of Zenobē, about why.

Australia’s MGA Thermal has completed what it claims is the world’s first industrial steam heat energy storage demonstrator project.

Flow battery startup Quino Energy and developer Long Hill Energy Partners have been awarded US$10 million in grant funding by the California Energy Commission (CEC) to support a 8MWh flow battery energy storage system (BESS) project in Lancaster, California, US.

Adani Green Energy subsidiary has signed a power purchase agreement with Uttar Pradesh Power Corporation Limited for a pumped hydro facility.

Envision Energy is preparing to reveal lithium-ion (Li-ion) battery energy storage system (BESS) technology for long-duration applications.

Federation Asset Management has announced its intention to launch a new long-duration energy storage (LDES) investment platform in Australia.

In this blog, ESN Prmeium speaks with Dr Thomas Nann, CEO and co-founder of Allegro Energy on its microemulsion flow battery.

European Investment Bank has committed €108 million to upgrades at a pumped hydro energy storage (PHES) project in Extremadura, Spain.

UK regulator Ofgem has launched a cap and floor investment support scheme to unlock funding for new Long Duration Electricity Storage (LDES).