The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

oil and gas

February 7, 2024
System integrator Powin has been enlisted by oil, gas and renewable energy firm Galp to install a battery energy storage system (BESS) at a PV plant in Portugal, Powin’s first in Europe.
September 7, 2023
Oil and gas major Shell is putting its residential battery storage and virtual power plant (VPP) company sonnen up for sale, according to German outlet Handelsblatt.
June 7, 2023
Eni Plenitude, part of the large oil and gas major Eni, has put into operation a 15MW/9MWh battery storage unit in Italy.
May 15, 2023
Oil and gas firm TotalEnergies has enlisted subsidiary Saft to deploy a 25MW/75MWh battery energy storage system (BESS) at a refinery in Antwerp, Belgium.
November 4, 2021
The government of Alberta, Canada, has announced that CA$25 million (US$20.1 million) in financial support has been offered for solar-plus-storage and pumped hydro energy storage as part of a CA$176 million package that will also give funding to oil and gas industry projects. 
May 19, 2020
Eos Energy Storage will deploy a megawatt-scale, behind-the-meter zinc hybrid cathode battery energy storage system for a large oil refinery in Greece, claiming it be validation of the safety and environmental benefits of the novel technology.
May 9, 2019
Ontario’s policy of rewarding large users of energy that reduce their demand for grid energy at peak times has resulted in Shell New Energies announcing 21MWh of projects with Convergent Energy + Power.
February 8, 2018
London-headquartered oil and gas company BP has announced plans to invest US$500 million (£358.5 million) in low carbon businesses each year as it looks to further embrace the low carbon transition.
January 31, 2018
We continue with the second part of our feature interview with clean energy entrepreneur and financier Jigar Shah of Generate Capital. We’ve just left off discussing the risk profile of various investors and how the industry is gradually drawing attention from more traditional sources of capital, from the early adopter-venture capital mentality we have seen to date.
December 6, 2016

A corporate venture fund set up by oil and gas company Statoil has invested in North American energy storage developer Convergent Energy + Power.

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