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Why energy storage is the focus for the next decade | UBS
George Manahilov, Co-Head of Energy Storage says energy storage is now flagged as a critical grid infrastructure. This is recognized by both the investment community and
The Energy Storage Report 2024: Feature articles and technical papers for free download
The Energy Storage Report 2024 takes stock of the market in the US and Europe as BESS buildout accelerates. Image: Mortensen / Terra-Gen. The Energy Storage Report 2024 is now available, bringing you the best of our content from Energy-Storage.news Premium and PV Tech Power.
Luxembourg: Energy Country Profile
All of in any site. Luxembourg: Many of us want an overview of how much energy our country consumes, where it comes from, and if we''re making progress on decarbonizing our energy mix. This page provides the data for your chosen country across all of the key metrics on this topic.
Energy storage | Luxembourg | Global law firm
Energy storage is of particular interest to large energy-intensive businesses, especially those who need to ensure electricity reliability and availability. For corporations operating in markets with unreliable grid infrastructure or in remote environments, it can also help eliminate the need to rely on backup generators which often run on diesel.
Grid Scale Archives
4 · AEMO says Australia''s NEM will need 49GW/646GWh of dispatchable storage by 2050. June 27, 2024. The Australian Energy Market Operator (AEMO) has published its 2024 Integrated System Plan (ISP) providing an updated 30-year roadmap for the transition of the National Electricity Market (NEM).
Cameron Murray, Author at Energy-Storage.News
Eneco''s LichtBlick and developer Energisto expect 400MWh of Germany BESS approvals this year. June 18, 2024. A renewables-only subsidiary of utility Eneco and developer Energisto have revealed a battery energy storage system (BESS) joint venture in Germany, which expects construction permits for up to 400MWh of projects this year.
News Archives
New York regulator signs off state roadmap to achieve 6GW energy storage target by 2030. June 24, 2024. The New York Public Service Commission (PSC) has approved plans to guide the state to its 2030 energy storage policy target, including solicitations for large-scale battery storage.
Energy Vault connects first gravity energy storage unit to China
Image: Business Wire. Energy Vault has connected its first commercial EVx gravity-based energy storage system to the grid in China, while construction has been launched on three others, all-in-all totalling 468MWh of capacity. The 25MW/100MWh project in Rudong, the company''s first commercial grid-scale project using its proprietary
Energy-Storage.news'' Top 10 news stories of the year 2022
In the meantime, here''s a chance to look back with the top picks of our content from 2022. As you can see in the list below, the most-read stories this year indicate that there''s a strong interest in the deployment of proven technologies in the form of lithium-ion and pumped hydro. australia, blogs, california, hydrogen, lfp vs nmc, lithium
and Gravitricity to collaborate on energy storage systems
Gravitricity has developed GraviStore, an innovative gravity energy storage system that raises and lowers heavy weights in underground shafts – to offer some of the best characteristics of lithium-ion batteries and pumped hydro storage.
Europe''s solar power surge hits prices, exposing storage needs
The EU estimated that energy storage in the bloc will need to rise more than three-fold from 2022 to 2030, to match projections of a 69% share of renewable
News Archives
Next-generation sodium-sulfur battery storage: 20% lower cost, say BASF and NGK. June 12, 2024. One of the world''s most widely deployed non-lithium electrochemical energy storage technologies has received an upgrade, with the launch of NGK and BASF Stationary Energy Storage''s the NAS MODEL L24.
''Big expansion'' in battery manufacturing essential to global net zero goals, BloombergNEF says
The amount invested in energy storage soared globally during 2023, while battery manufacturing will require the biggest share of spending among clean energy technologies by 2030 to achieve net zero. BloombergNEF has just published the latest edition of its annual ''Energy transition investment trends'' report for 2024, including the
IEA provides recommendations to support Luxembourg''s
Luxembourg has generous support programmes for energy efficiency and renewable energy, two of the pillars of clean energy transitions. However, the IEA
Latest News — Energy Storage Canada
By Anthony Capkun February 6, 2024 A new report released by Energy Storage Canada (ESC) illustrates "the substantial potential of [long duration energy storage a.k.a. LDES] to contribute to the realization of the [Ontario]''s economic growth and energy transition
Lithuania connects first battery system to transmission network ahead of 200MW rollout
1MW / 1MWh of Fluence''s Cube BESS technology was inaugurated at the substation in Vilnius, Lithuania. Image: Litgrid. A battery energy storage system (BESS) pilot project has been commissioned in Lithuania, paving the way for a
IEA encourages Luxembourg to push for a smart, sustainable
Among its key recommendations, the IEA report calls for Luxembourg to: Build on the "Kyoto cent" by strengthening the Climate and Energy Fund to support
Europe''s battery storage deployments doubled in 2023,
Europe''s annual battery storage deployments doubled in 2023, but the pace of adoption is still much slower than required, according to SolarPower Europe. The
Focus on renewable energies
Renewable energies are still on the rise within the European Union, which has set the goal for green energy to reach 32% of energy usage by 2030. In the face of this major goal,
Energy-Storage.news'' top 10 blogs and features of the year 2021
The 100MW / 400MWh Alamitos BESS project: one of a number of ''game changers'' for energy storage written about in 2021. Image: AES Corporation. In addition to bringing you the biggest news from the energy storage industry, Energy-Storage.news is proud to be able to offer deeper insights, analysis, opinions and sometimes some
Contributing to carbon reduction with energy storage | UBS
Renewable energy and energy storage can work in synergy towards decarbonization. Energy storage has been classified as an activity contributing to climate mitigation in the
Europe''s battery storage deployments doubled in 2023, policymakers must support continued growth, says SolarPower Europe
Europe''s annual battery storage deployments doubled in 2023, but the pace of adoption is still much slower than required, according to SolarPower Europe. The continental trade association for solar PV industries
Germany: Eco Stor reveals 300MW/600MWh battery storage
German-Norwegian firm Eco Stor has revealed another 300MW/600MWh battery energy storage system (BESS) project in Germany, with construction planned for the end of 2024. The BESS project is being developed in the town of Wittlich in Rhineland-Palatinate, adjacent to the Wengerohr substation within the network of transmission
World''s largest compressed air energy storage goes online in China
A compressed air energy storage (CAES) project in Hubei, China, has come online, with 300MW/1,500MWh of capacity. The 5-hour duration project, called Hubei Yingchang, was built in two years with a total investment of CNY1.95 billion (US$270 million) and uses abandoned salt mines in the Yingcheng area of Hubei, China''s sixth-most
Energy-Storage.news'' most-read news stories of 2023
December 26, 2023. Rimac''s Roger Moorhouse unveiled SineStack at the Energy Storage Summit Central and Eastern Europe. Image: Cameron Murray / Solar Media. Northvolt-Altris sodium-ion battery cell, which has a claimed 160Wh/hg energy density. Image: Northvolt.
Tesla Megapack on fire in ''minor incident'' at battery storage site in Australia
Australia sees more than AU$1 billion in energy storage investments for four successive quarters, says Clean Energy Council June 10, 2024 Australia''s Clean Energy Council has signaled that Q1 2024 saw signs of recovery for the nation''s renewable energy generation sector but warned that investment levels must radically increase to
Industry Updates Archive
Sineng Electric powers 100MW/200MWh energy storage project in China. June 3, 2024. By Sineng Electric. Sineng Electric has announced the successful commissioning of a 100MW/200MWh energy
Energy-Storage.news'' most-read blogs of the year 2020
December 28, 2020. Ever since Energy-Storage.news began life as a humble offshoot of the respected and much-loved PV Tech site – when we were known as PV Tech Storage – we''ve published Editor''s Blogs and Guest Blogs alongside our quality news output. We''ve been able to bring you opinions and analysis from expert voices and industry
''A Herculean task'': How is Luxembourg using people power to
More than a third of Luxembourg''s energy will come from renewables by the end of the decade, under a new climate plan unveiled yesterday. Europe''s richest
Philippines reveals draft energy storage market policy changes
January 30, 2023. The Philippines'' first large-scale solar-plus-storage hybrid (pictured), was commissioned in early 2022. Image: ACEN. The Philippines Department of Energy (DOE) has outlined new draft market rules and policies for energy storage, a month after the country allowed 100% foreign ownership of renewable energy assets.
Trina Storage launches new BESS solution at Energy Storage Summit EU
Trina Storage, the energy storage arm of major solar PV company Trina Solar, launched its new battery storage solution Elementa 2, to the global market at this year''s Energy Storage Summit EU. The vertically integrated manufacturer''s new battery energy storage system (BESS) includes the company''s own 306Ah high energy density