Swedish battery manufacturer, Northvolt has completed the construction of Northvolt Dwa in Gdańsk, Poland — Europe’s largest factory for energy storage solutions. Sharing the video of the completed factory on social media, Northvolt confirmed that the production is scheduled to begin by the end of the year, which will coincide with the official opening of […]
Five Smart Takes on Battery Energy Storage Systems – EQ Mag
Omdia did a deep dive into the battery energy storage system (BESS) industry and came back with insights about new battery chemistries, manufacturers and their challenges, the state of the global market, and more. Here are five takeaways. The demand for renewable energy resources has increased significantly as the world transitions towards a more sustainable […]
Could Underground Gravity Energy Storage Offer a Solution to Future Energy Storage Needs? – EQ Mag
As part of the energy transition and the move to renewables, an international team of researchers has recently proposed a new technology – Underground Gravity Energy Storage (UGES) – which can store and discharge electricity. Meeting the Surging Demand for Energy At present, solar and wind power are considered to be the front runners in […]
Tackling the heating crisis: Circular design and the future of home energy storage – EQ Mag
As the environmental and financial costs of gas and oil boilers escalate, electric heat pumps have emerged as a promising eco-friendly heating solution – but they only go so far We must integrate heat pumps with renewable energy sources and energy storage technology, creating a smart, adaptable and sustainable home energy system. This shift hinges […]
Largest UK battery energy storage facility comes online – EQ Mag
The $15.7m facility will use Tesla lithium-ion batteries and double TagEnergy’s storage capacity. TagEnergy and Harmony Energy have completed construction on the UK’s largest battery storage facility with a capacity of 99MWh. The $38m (£30m) development has a throughput of 49.5MW and lies near Luton, in the southeast of the UK. International bank Santander UK […]
What Are the Most Promising Energy Storage Technologies? – EQ Mag
Efficient energy storage technology is needed to overcome fluctuations in renewable energy supply and decrease our reliance on fossil fuels. Here are some of the most promising technologies in the industry today. As the world moves towards a more renewable and decentralised energy system, energy storage is becoming increasingly important. Energy storage technologies allow us […]
Europe to Take Off in Energy Storage and Potentially Arrive at 95GW in Installed Capacity by 2050 – EQ Mag
British research institution Aurora Energy Research pointed out that Europe will be increasing its quantity of 10MW grid-grade energy storage systems each year, and could arrive at an accumulated capacity of 42GW by 2030, before potentially reaching 95GW by 2050. This also means that the period between 2023 and 2050 will see more than EU€70 […]
Top five energy storage projects in Australia – EQ Mag
Global energy storage capacity was estimated to have reached 20,844,063.7kW by the end of 2021 and is forecasted to grow to 353,879,813.4kW by 2030. Australia had 1,222,350.1kW of capacity in 2021 and this is expected to rise to 22,075,639.8kW by 2030. Listed below are the five largest energy storage projects by capacity in Australia, according […]
From hot sand to liquid air – 5 early stages energy storage solutions that could help underpin the electric economy – EQ Mag
After centuries of dominance, fossil fuels are set to lose their spot at the top of the energy podium. According to Jeremy Oppenheim, Partner at systems change company Systemiq, “We are hitting peak oil. Over the next 20 to 30 years there will be a rewiring of the economy on the basis of clean electrons […]
France: Power storage unit commissioned at the Plouguin wind farm – EQ Mag
Paris (France) : Boralex Inc. (“Boralex” or the “Company”) (TSX: BLX) is pleased to announce the commissioning of its second energy storage unit in France. The battery, which has a storage capacity of more than 3.3 MWh, is installed on the site of the Plouguin wind farm (Finistère, Brittany). Having just recently announced the commissioning […]