More than 5% of Spain’s renewable energy generation could face economic curtailment between 2025 and 2030, but long-duration energy storage (LDES) could reduce or eliminate that need.
Italy-based Energy Dome, the maker of a proprietary CO2-based long-duration energy storage system, has closed the second tranche of its Series B, raising another €15 million bringing the total to €55 million (US$62 million).
Recent reports on the energy storage auction in Greece shows that “players are willing to take risks” to get into the market, an analyst from research firm Clean Horizon told Energy-Storage.news.
The commercial manager for Balance Power, one of two UK developers to have announced project approvals this week, has questioned whether the market standard 2-hour duration is enough for net zero.
Cyprus has set out a policy framework for the integration of energy storage systems after reaching a funding agreement with the European Commission (EC).
Energy-Storage.news speaks with Jason Rioux, chief development officer at NRStor, a company at the forefront of Canada’s storage sector for over a decade.
