When reading about energy storage you may come across terms like long-term storage, seasonal storage, diurnal storage, or long-duration storage. Long-term storage can include seasonal energy storage, which can shift delivery of power to a different time of year. Diurnal storage can shift power delivery over a few days. And, long-duration storage is particularly important […]
Some say it’s the key to unlocking a decarbonized grid. Will a new pot of federal funding be enough to push long-duration storage into the mainstream? Companies designing long-term storage for clean energy have struggled to break into the power sector despite years of trying. Now, an unprecedented investment from the Department of Energy could […]
In November last year, the US Infrastructure Investment and Jobs Act was signed. It is asking for $355 million in funding for large-scale, long-term energy storage projects. Just two months earlier, the Dept. of being Energy”Long-term storage recording”, setting a target to reduce utility-scale energy storage costs by 90% for systems that will last more […]
GOTHENBURG, Sweden and BATON ROUGE, La. : Azelio AB (Stockholm: AZELIO.ST), a Swedish cleantech company, today announced that it will install a U.S. certification project for its TES.POD product, a long-duration energy storage solution. The certification project will be conducted in Baton Rouge, LA, in conjunction with MMR Group, an electrical engineering and construction company, […]
Lithium-ion battery cell costs could fall to as little as US$76 per kWh by 2030, from around US$139 per kWh this year, according to new analysis by Navigant Research. The Colorado-headquartered firm issued its latest market data on ‘Advanced battery and energy storage pricing trends’ this week. Author Alex Eller, a senior research analyst, told […]
EOS Energy Storage, makers of a novel zinc hybrid cathode battery technology, has supplied two 120kWh systems in the US and struck a partnership to investigate the application of the technology in the UK. The company has touted the low cost potential of the aqueous, zinc devices for some time, with Energy-Storage.news reporting a claim […]