Industry
In the rapidly evolving energy storage sector, announcements and updates come thick and fast. From acquisitions and funding to new business models, the industry is growing and maturing by the day.
The number of gigafactories breaking ground has soared in recent years as the global rush to develop lithium-ion battery production capacity continues.
In parallel, there is a pressing need to develop a circular economy in the sector but also many open questions regarding safe and efficient recycling.
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Perspective on flexibility: How batteries, demand response, and interconnectors are powering a new grid
As renewables surge and baseload plants retire, the energy system is facing an urgent need for flexible capacity to balance increasing volatility. While long-term solutions like batteries, interconnectors, and green hydrogen are underway, several short-term measures – from pairing new renewable energy plants with storage to leveraging underused grid connections – could help bridge the flexibility gap now. Sven Heiligtag, Managing Director at Vireo Ventures, explores both the challenges and actionable opportunities to stabilize the grid during the transition.
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All Industry news
Perspective on flexibility: How batteries, demand response, and interconnectors are powering a new grid
As renewables surge and baseload plants retire, the energy system is facing an urgent need for flexible capacity to balance increasing volatility. While long-term solutions like batteries, interconnectors, and green hydrogen are underway, several short-term measures – from pairing new renewable energy plants with storage to leveraging underused grid connections – could help bridge the flexibility gap now. Sven Heiligtag, Managing Director at Vireo Ventures, explores both the challenges and actionable opportunities to stabilize the grid during the transition.
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Australian scheme to deliver 100 neighborhood batteries kicks off final funding round
The Australian state of Victoria has launched its third and final round of grant funding through the 100 Neighbourhood Batteries Program, offering AUD$400,000 per battery through multiple streams of eligibility to a pool of nine council regions.
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