Lithium carbonate prices have started to creep back up again after coming down from 2022’s extreme highs, but the long-term outlook is one of downwards prices, research firm Fastmarkets said.
The president of Chile has proposed boosting state control over its lithium reserves, sending the share prices of companies involved in the extraction industry tumbling.
There has been US$150 billion of announced investments into the US’ upstream and downstream clean energy industry since the Act was passed, according to American Clean Power (ACP).
Adapting transmission infrastructure and accurately valuing energy storage are the major challenges to deployments in the US today, said panellists on the Keynote discussion at Energy Storage Summit USA today.
The decision by the new owners of UK gigafactory startup Britishvolt to pivot its initial focus towards energy storage rather than EVs has pros and cons, a senior industry consultant told Energy-Storage.news
The US is now taking the stance on climate change its European counterparts have been demanding for years, the Department of Energy’s Jigar Shah told Energy-Storage.news in a wide-ranging interview.
South Africa could play a big role in the global battery value chain with the potential for 10-15GWh of domestic demand for battery energy storage by 2030, according to a report from the World Bank.