The National Energy and Climate Plans (NECPs) of European Union (EU) Member States are largely falling short in recognising the vital role of energy storage, the Energy Storage Coalition has said.
The UK government has launched its consultation on its proposals for kickstarting investment into long-duration energy storage (LDES), which includes a cap-and-floor mechanism and excluding lithium-ion from being eligible.
The European Investment Bank (EIB) has committed €400 million (US$437 million) to support the solar and battery storage development plans of Greek renewables developer Mytilineos.
German multinational energy company RWE confirmed on 21 December that it would acquire a UK-based offshore wind portfolio totalling 4.2GW.
A 100MW battery storage project in the UK connected to National Grid’s transmission network has gone online, developed by Pacific Green on the former site of a coal plant.
Danish energy company Ørsted has taken final investment decision (FID) on Hornsea 3, a 2.9GW offshore wind farm, dubbed the “world’s largest”.
Norwegian power company Statkraft has agreed to acquire a 450MW pumped storage hydro project being developed near Loch Ness in Scotland, UK.
UK’s electricity system operator, National Grid ESO (ESO) this week (12 December) launched the first stage of its Open Balancing Platform.
Two startups presenting gravity-based energy storage technologies for commercialisation have signed partnerships with major players in engineering and mining.
A roundup of long-duration energy storage (LDES) news from around the world this week.
