Gravity-based energy storage company Energy Vault has been issued a mandate for an initial 2GWh of its proprietary solution at net-zero industrial parks in China.
Governor Kathy Hochul of New York has been applauded for recognising the importance of energy storage as a key technology for achieving climate, clean energy and economic growth goals.
The California Energy Commission has approved rules that would require new buildings, including multi-family housing and commercial structures, to be equipped with solar and battery storage.
Connecticut’s Senate has passed a bill targeting the deployment of 1,000MW of energy storage by the end of 2030, which when signed into law by the state’s governor will make it the eighth state jurisdiction in the US so far to introduce either a target or mandate for energy storage.
There are perhaps four or five US states which have become prolific in their deployment of battery energy storage systems, but it’s also interesting to hear about what’s happening in regions where that development is still at an earlier stage.
The CEO of US virtual power plant provider Swell Energy has said that New York utility company Con Edison has been “very progressive” in recognising the value that aggregated home battery systems paired with solar can offer.
North America is currently leading the world for utility-scale energy storage deployments, but could be overtaken by the second-largest market, the Asia-Pacific region, as early as 2023, according to forecasting and analysis by Guidehouse Insights.
