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Long-term storage grows by 49% in 2025 despite the financing crisis
A report by Wood Mackenzie indicates that the deployment of long-duration energy storage (LDES) technologies exceeded 15 GWh in 2025, but declining venture capital investment and falling lithium battery costs are hindering their commercial viability.
24 hours ago
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Small 24/7 clean power commitments could cut costs for long-duration storage
TU Berlin researchers say early demand for round-the-clock carbon-free electricity could help bring advanced energy technologies to market faster through technology learning effects. Grant funding for the research was provided by Google, which has since announced plans to build the world’s largest iron-air battery.
World’s largest compressed air energy storage station now fully operational in China
With 600 MW of installed capacity and 2,400 MWh of storage, the Huai'an Salt Cavern project is now the world’s largest compressed air energy storage facility, surpassing the 300 MW/1,500 MWh project commissioned earlier this year that previously held the title.
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Canceled Australian pumped-hydro site could see energy bills rocket
Bill payers could be paying 60% more for their electricity in 2035 and 40% more per year through 2040 unless the government of Queensland can provide an alternative to the shelved 5 GW/120 GWh Pioneer-Burdekin pumped-hydro energy storage (PHES) project.
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