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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.
Mar 10, 2026
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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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UK grid operator wants 23 GW of batteries by 2030
The recently established National Energy System Operator's (NESO) 'Clean Power 2030' advice to the UK government considers how to decarbonize electricity by 2030. NESO has proposed 23 GW to 27 GW of battery energy storage systems (BESS) and more long-duration energy storage (LDES).
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