New York’s recently proposed programme to promote the deployment of energy storage has been well-designed to create a robust market in the state for everything from residential to large-scale.

High-voltage grid and market operator ISO New England has requested separate classification of energy storage as a transmission asset.

Corporate funding of energy storage companies exceeded US$26 billion worldwide in 2022, a 55% jump from 2021’s total US$17 billion.

Texas’ ERCOT grid is facing some extreme swings in its ability to match supply with growing demand for electricity in the US state.

LG Energy Solution and Hanwha, two major players in battery and renewable energy tech, aim to establish battery storage manufacturing in the US.

Dominion Energy South Carolina has contracted a power purchase agreement for US$200 million solar-plus-storage power plant in the state.

Caban Systems, a US battery tech company offering renewable energy solutions to critical infrastructure industries, has raised US$51 million.

Energy storage could be a powerful asset in facilitating transmission upgrades required for New York’s low carbon energy transition.

Agilitas Energy, a developer of distributed solar PV and energy storage with a focus on the north-east US, is our latest contributor.

The Inflation Reduction Act’s incentives for energy storage projects in the US came into effect on 1 January 2023.