Policy
Advertisement
Advertisement
Advertisement
Latest News
Advertisement
UK LDES cap-and-floor auction attracts 171 bids in first window
First cap-and-floor application window attracts sufficient capacity to meet expected long-duration energy storage targets, according to Ofgem. The energy regulator will now consult industry stakeholders on a financial framework for the support scheme.
Advertisement
All Policy news
Imported LFP battery cells from China could be cheaper than US-made products even after tariff hikes
While all lithium iron phosphate (LFP) battery cell supplies to the US currently come exclusively from China, local players are ramping up to start supplying the market from 2026 onwards. Different outcomes are on the table depending on the tariffs applied.
Global energy storage market: H1 2024 installation figures
Policy mandates in China have driven the global energy storage market in the first half of 2024 to new highs, backed by the rapid growth in the US market. Meanwhile, Europe posted mixed results. Robin Song, InfoLink Consulting’s energy storage analyst, breaks down the figures.
Advertisement
US power grid adds 4.2 GW of battery storage in H1 2024
Battery storage accounted for the second largest share of newly operating generating capacity in the United States during the first half of 2024. If all planned additions come online, this year could see a record amount of battery storage capacity added to the grid amounting to 15 GW.
Australian state of Victoria eyes 8.5 GW of energy storage by 2035
The Victorian government’s ‘Cheaper, Cleaner, Renewable: Our Plan for Victoria’s Electricity Future’ roadmap sets out a plan for delivering the state’s future energy systems needed to reach its 95% renewable generation target by 2035 and net zero target by 2045. The document emphasises building large-scale battery energy storage to help provide reliable renewable energy throughout the transition.
Advertisement
Battery storage for Germany’s energy transition: Unlocking untapped potential
Germany's energy transition is making significant progress: In the first half of 2024, the share of renewable energy in the electricity mix rose to 57 %. This new influx of renewable energy is pushing the power grid to its limits. Battery energy storage systems and an optimized redispatch procedure could play a key role in improving the integration of renewables and alleviating grid congestion. However, some hurdles still need to be overcome, according to Benedikt Deuchert of Kyon Energy.
Natron Energy to build gigawatt-scale sodium-ion battery plant in North Carolina
The new planned manufacturing facility will produce 24 GW of Natron’s sodium-ion batteries annually. Natron says its batteries outperform lithium-ion batteries in power density and recharging speed, do not require lithium, cobalt, copper, or nickel, and are non-flammable. The plant will be the first double-digit GW sodium-ion plant in the USA.
Advertisement