Global news, analysis and opinion on energy storage innovation
LDES Council proposes ''seven enablers'' to scale long-duration energy storage to 8TW by 2040. November 15, 2024. Global decarbonisation targets are impossible without increasing the
ROUNDUP: Long-duration energy storage news in brief
The long-duration storage company announced last week that it has been invested in by the European Innovation Council Fund (), the investment arm of the EIC, set up by the European Commission to support technologies
Record growth for US BESS industry, but ''2GW
In megawatt-only terms as provided to Energy-Storage.news by Wood Mackenzie, the C&I segment did 32.5MW in Q2 versus 69.1MW in Q1 – albeit the first quarter was itself a record-breaker for the segment.
Energy storage important to creating affordable,
Our study finds that energy storage can help VRE-dominated electricity systems balance electricity supply and demand while maintaining reliability in a cost-effective manner — that in turn can support the
Why the carbon capture subsidies in the climate bill
The increased subsidies all come on top of roughly $12 billion in federal support for carbon removal, capture, and storage projects, as well as pipelines and storage facilities, in the earlier
Good, better, BESS: How to build your battery energy
The inclusion of energy storage technology in the definition of energy property eligible for the federal investment tax credit under Section 48 of the Code (ITC) for energy storage facilities in the broadly expanded siting
A Major Technology for Long-Duration Energy
The Department of Energy has identified the need for long-duration storage as an essential part of fully decarbonizing the electricity system, and, in 2021, set a goal that research, development
Flow batteries for grid-scale energy storage
MITEI''s three-year Future of Energy Storage study explored the role that energy storage can play in fighting climate change and in the global adoption of clean energy grids. Replacing fossil fuel-based power generation with power
A Major Technology for Long-Duration Energy Storage
The state has estimated that it will need 4 gigawatts of long term energy storage capacity to be able to meet the goal of 100 percent clean electricity by 2045. Hydrostor and state officials...
Why the carbon capture subsidies in the climate bill are good news
The increased subsidies all come on top of roughly $12 billion in federal support for carbon removal, capture, and storage projects, as well as pipelines and storage facilities, in
3 FAQs about [Good news for energy storage]
What is the future of energy storage?
“The Future of Energy Storage,” a new multidisciplinary report from the MIT Energy Initiative (MITEI), urges government investment in sophisticated analytical tools for planning, operation, and regulation of electricity systems in order to deploy and use storage efficiently.
How long does energy storage last?
BloombergNEF reported a global total of 1.4 gigawatts and 8.2 gigawatt-hours of long-duration energy storage as of last September, excluding pumped hydro. The average duration, which you can calculate by dividing gigawatt-hours by gigawatts, was 5.9 hours.
Should energy storage be co-optimized?
Storage should be co-optimized with clean generation, transmission systems, and strategies to reward consumers for making their electricity use more flexible. Goals that aim for zero emissions are more complex and expensive than net-zero goals that use negative emissions technologies to achieve a reduction of 100%.