The Energy Regulatory Commission (ERC) will review the market share limitation of battery energy storage system (BESS) given its current classification as a “generation” capacity based on the prevailing policy by the Department of Energy. ERC Chairperson Monalisa C. Dimalanta said “that’s being studied now by ERC and the DOE because current DOE classification for […]
Energy storage backed with over £32 million government funding – EQ Mag
Five energy storage projects across the UK will benefit from a share of over £32 million government funding. £32.9 million government funding awarded to projects across the UK to develop new energy storage technologies, such as thermal batteries and liquid flow batteries energy storage will be crucial as the UK scales up secure, clean and […]
Two energy storage firms win £14m for new technologies – EQ Mag
Two Scottish firms have been awarded a total of more than £14m by the UK government to help them develop new energy storage technologies. East Lothian-based Sunamp will receive £9.25m to help trial its advanced thermal storage system in 100 UK homes. And StorTera in Edinburgh will get £5m towards a prototype demonstrator of its […]
Vanadium Flow Batteries Could Leapfrog Over Pumped Hydro For Long Duration Energy Storage – EQ Mag
Flow batteries sport a number of advantages compared to lithium-ion batteries, including the ability to restart quickly after being idled for long periods of time. Russia’s murderous rampage through Ukraine has given the world yet another reason to adopt a decentralized, decarbonized energy profile as quickly as possible. More long duration energy storage would help […]
Energy Storage Is The Backbone Of The Renewable Revolution – EQ Mag
The world is racing to ramp up renewable energy capacity. Energy storage is quickly emerging as a key piece of the renewable energy puzzle. The race is on to develop long-term, scalable energy storage that is environmentally friendly. Renewables are exploding. Countries around the world are adding clean energy production capacity at a breakneck pace […]
Biden-Harris Administration Announces Nearly $350 Million For Long-Duration Energy Storage Demonstration Projects – EQ Mag Pro
WASHINGTON, D.C. : The Biden-Harris Administration, through the U.S. Department of Energy (DOE), today announced nearly $350 million for emerging Long-Duration Energy Storage (LDES) demonstration projects capable of delivering electricity for 10 to 24 hours or longer to support a low-cost, reliable, carbon-free electric grid. Funded in part by President Biden’s Bipartisan Infrastructure Law, this […]
Long-duration energy storage to get $350M boost from Dept. of Energy – EQ Mag Pro
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 […]
Net-zero heat: Long-duration energy storage to accelerate energy system decarbonization – EQ Mag Pro
Thermal energy storage has the potential to greatly contribute to decarbonizing global heat and power, while helping to ensure the energy system operates affordably, reliably, and efficiently. As efforts to decarbonize the global energy system gain momentum, attention is turning increasingly to the role played by one of the most vital of goods: heat. Heating […]
Canada introduces 30% refundable investment tax credits for energy storage – EQ Mag Pro
Canada’s government will introduce tax incentives for clean energy technologies, including solar PV, battery storage, and hydrogen. Announced yesterday by Deputy Prime Minister Chrystia Freeland as part of Canada’s Fall Economic Statement 2022, the move has already been welcomed by renewable energy, energy storage and manufacturing trade groups. The government proposes to introduce a refundable […]
Floating’s big time rush, Rishi’s winds of change and energy storage straight-talk – EQ Mag Pro
The floating wind power industry could surely stake a claim as one of the world’s most innovative industrial sectors, with plenty of evidence to back that up on the Recharge website this week. First there was an exclusive insight into plans by US start-up T-Omega Wind to “democratize floating wind” with its weather vaning concept […]