Legislators in the US state of Maryland have voted to approve a bill requiring the deployment of at least 3,000MW of energy storage by 2033, the latest US state to make such a move.
NextEra’s eight-hour energy storage project in California will use lithium-ion technology, but ‘battery chemistry did not play a major role in project evaluation’, offtaker Clean Power Alliance told Energy-Storage.news.
Invinity Energy Systems will deploy a partially grant-funded 7MW/30MWh vanadium redox flow battery (VRFB) system in the UK as the company scales up its project sizes.
The new investment tax credit (ITC) for standalone energy storage means some US developers are opting to overbuild systems instead of augmenting them further down the line.
Long-duration energy storage (LDES) firm e-Zinc is targeting a gigafactory in the US by 2025 and is considering adjusting its planned project with Toyota Tsusho, it told Energy-Storage.news.
Some 2.5-3.6GW of energy storage could be cost-effectively deployed by 2033 to cut emissions and lower energy costs in the US state of Maryland, American Clean Power (ACP) said.
Long-duration energy storage (LDES) may be in something of a ‘dot com’ moment, but grid operators cannot afford the ‘hiccup’ of any bubble bursting, a senior ISO manager said at Energy Storage Summit USA.
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.
Cameron Murray talks to industry experts about the physical security risks to battery storage sites, and how the security and insurance aspects of operating BESS sites are evolving.
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
