Pacific Northwest National Laboratory (PNNL) has launched the construction of a research facility for exploring new energy storage technologies.

Compressed air long-duration energy storage solution provider Hydrostor has received an investment commitment of US$25 million from Canada Pension Plan Investment Board.

Long duration energy storage (LDES) technologies may have a difficult time competing with lithium-ion over the next decade as the latter’s cost-competitiveness at longer durations increases, possibly even to 24 hours, according to Haresh Kamath, Electric Power Research Institute (EPRI).

Californian investor-owned utility San Diego Gas & Electric has ordered a 10MW, six-hour battery energy storage system (BESS), Emerald, from Mitsubishi Power.

NYSE-listed iron flow battery group ESS Inc is expanding into Europe with its first deployments on the continent later this year.

Quidnet Energy, a provider of a novel geomechanical pumped storage (GPS) technology, has struck a 15-year commercial agreement with Texas utility CPS Energy to supply an initial 10MWh system.

ron flow battery provider ESS Inc has revealed a US$477 million net loss in 2021, in its first full-year results since becoming a publicly-traded company on the New York Stock Exchange (NYSE). 

A cap and floor regime would be the most beneficial solution for supporting long-duration energy storage in the UK, a report from KPMG has found.

California’s inclusion of US$380 million financial support for long-duration energy storage projects could “activate” up to 20 projects in the US state, which has a “tremendous need” for energy storage. 

US$380 million in support for long-duration energy storage projects in California has been included in the state’s budget for 2022-2023.