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The Long Duration Energy Storage Council, launched last year at COP26, reckons that, by 2040, LDES capacity needs to increase to between eight and 15 times its current level — taking it to
"The Future of Energy Storage," a new multidisciplinary report from the MIT Energy Initiative (MITEI), urges government investment in sophisticated analytical tools for planning, operation, and regulation of electricity systems in order to deploy and use storage efficiently.
Offering clean energy around the clock. MIT spinout 247Solar is building high-temperature concentrated solar power systems that use overnight thermal energy storage to provide power and heat. April 30, 2024. Read full story.
Energy storage - Latest research and news | Nature. Energy storage articles from across Nature Portfolio. Featured. Declining costs imply fast market uptake of zero-emission trucks.
Blackstone''s Aypa Power secures California BESS agreement, Texas tax exemption. June 28, 2024. Blackstone portfolio company Aypa Power has secured an energy storage service agreement (ESSA) with community electricity provider Ava Community Energy (Ava). Features, Analysis, Guest blog.
The PSC order targets 3 GW of new utility-scale storage, 1.5 GW of new retail storage and 200 MW of new residential storage in addition to the 1.3 GW of storage assets already deployed in the
Read the latest energy storage news about battery and other technologies, capacities, facilities, deals and more.
Across all segments of the industry, the U.S. energy storage market added 5,597 MWh in the second quarter of 2023, a new quarterly record. The grid-scale segment led the way with a record-breaking 5,109 MWh in Q2, beating the previous record in Q4 2021 by 5%, according to a new report released.
Finalised results were filed with the Federal Energy Regulatory Commission (FERC) for approval, the ISO said last week (21 February). Energy storage took a 6% share of that awarded total, amounting to more than 1,800MW of energy storage. While the majority will be existing facilities, more than 700MW of new build projects won
The U.S. energy storage industry added 1,680 MW/5,597 MWh in the second quarter of 2023, marking the strongest quarter on record and reversing two straight quarters of stalled growth, said
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