Singapore-headquartered Gurin Energy has revealed plans for a 500MW, 4-hour duration (2,000MWh) battery storage project in Japan.

The nascent grid-scale energy storage market in Japan now has its first-ever dedicated investment fund, and it will be jointly managed by Gore Street Capital, which launched one of the UK’s.

Energy storage could save taxpayers in Germany some €3 billion (US$3.3 billion) in subsidies for renewable energy assets by 2037, simply by increasing demand in the wholesale electricity market.

Wholesale trading revenues for UK battery storage systems grew 45% month-on-month in October, accounting for half of revenue growth, Modo Energy said.

News in brief, from another busy week for our colleagues reporting on the UK battery storage market at Solar Power Portal.

The impact of high gas prices in the UK has emphasised the need to invest in energy storage technologies, national industry trade group the Electricity Storage Network (ESN), has said.

In the first part of this interview with Swell Energy CEO Suleman Khan we heard about how Swell Energy has been working to ‘productise’ the virtual power plant proposition: making it attractive to utilities and to their end-customers and then wrapping that into a long-term agreement. This time out, we speak to Suleman about some of the finer details of the VPP proposition and where he thinks the market is heading.

While planning a better future for California’s energy system will take time and lies in the hands of many, many stakeholders from regulators to government to citizens and corporations, here are a few more of the recent moves forwards in clean energy in the state.

The US Federal Energy Regulatory Commission (FERC) hosted a technical conference on hybrid resources – pairing storage with generation – examining in order to overcome barriers that exist to the otherwise fastest-growing phenomenon of the grid.

Moves by the US’ Federal Energy Regulatory Commission (FERC) to assess electricity storage’s potential role in wholesale markets and in maintaining a low-cost, reliable network have been welcomed by the Washington-headquartered Energy Storage Association.