The battery storage sector is about to enter its first ever phase of large-scale augmentations of systems as they reach 3-5 year degradation points and there are questions over how this will pan out, Burns & McDonnell told Energy-Storage.news.

ESS Inc ended 2022 with nearly 800MWh of annual production capacity for its iron flow battery, although had a relatively poor last financial quarter with just US$15,000 in revenue.

A major upturn in US energy storage deployments is expected as a direct consequence of the Inflation Reduction Act.

Long-duration energy storage was firmly on the agenda and among the talking points of attendees at Energy Storage Summit EU in London.

Energy storage and smart grid solutions firm Alfen is deploying a 30MW/68MWh battery storage project in the Netherlands for commissioning later this year, the largest under construction in the country.

There is more work to be done on ensuring alignment between maximising grid-scale battery revenue and maximising system benefits, said panellists on Day 2 of the Energy Storage Summit.

The role of energy storage in helping Europe’s energy security is increasingly being recognised, said keynote speakers at The Energy Storage Summit EU today, hosted by our publisher Solar Media.

The local subsidiary of global energy firm AES has submitted an EIA for a hybrid renewables plant in Chile with over 3,000MWh of battery energy storage capacity.

Grid operators from across Europe believe energy storage is a vital flexibility resource that should be incentivised.

The ‘hype cycle’ around long duration energy storage (LDES) is coming to an end and 2023 will be the year when companies must prove their technology can live up to its promises.