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Long-duration energy storage

All Long-duration energy storage news

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Workers assembling batteries
Finance
Eos Energy lands $315.5 million investment to expand its LDES market footprint  New York-based Cerberus Capital Management’s investment will enable Eos Energy to restructure some existing debts as it aims to capitalize on increased global demand for long-duration energy storage services. 
Blathnaid O’Dea
Jun 26, 2024
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Azeglio LDES container
Finance
New York offers $5 million for long-duration storage projects The funding will advance the development and demonstration of scalable innovative long duration energy storage (LDES) solutions and be available via a competitive solicitation run by the New York State Energy Research and Development Authority (NYSERDA).
Marija Maisch
Jun 14, 2024
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Highview Power scheme of the liquid air energy storage project
Projects & Applications
Highview Power to build 300 MWh liquid air storage plant in UK Construction to begin imminently at commercial-scale liquid air energy storage (LAES) plant in the United Kingdom. Major investors include Centrica, which joins as a strategic partner. 
Matthew Lynas
Jun 13, 2024
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Sodium-sulfur battery from BASF and NGK
Products
BASF, NGK launch sodium-sulfur battery with less than 1% degradation rate A set of technological improvements incorporated into the new product NAS MODEL L24 allows for lower maintenance costs compared to the earlier sodium sulfur battery type developed by the two manufacturers.
Marija Maisch
Jun 11, 2024
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Map of pumped storage hydropower project in Chile
Grid-scale
Colbún proposes 800 MW desalinated water-powered pumped storage project in Chile Chilean utility Colbún has unveiled plans for a massive pumped storage hydropower project in northern Chile. The facility will use desalinated water from the Pacific Ocean to store energy and use it when it's most needed.
Marija Maisch
Jun 05, 2024
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Silver City
Flow batteries
Long-duration storage key for Australia’s energy security, report finds Australia's Clean Energy Council has launched a new report, exploring emerging long duration energy storage technologies capable of firming renewables in the wake of coal-fired power generation closures.
Ev Foley
Jun 05, 2024
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Invinity large energy storage systems
Manufacturing
Invinity quadruples its vanadium-flow battery manufacturing in UK UK-based manufacturer Invinity Energy Systems has announced plans to set up a new manufacturing facility which would increase its long duration energy storage (LDES) manufacturing capacity to over 500 MWh per year.
Marija Maisch
Jun 04, 2024
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Chart showing the fully installed energy storage system average capex and ranges by technology
Supply chain
LDES poised to outcompete lithium-ion batteries While most long-duration energy storage (LDES) technologies are still early-stage and costly compared to lithium-ion batteries, some have already or are set to achieve lower costs for longer durations, finds BloombergNEF.
Marija Maisch
May 31, 2024
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Map showing the NSW Electricity Infrastructure Roadmap Tender Round 5
Tenders
Australia’s NSW opens largest energy storage tender in history The Australian state of New South Wales (NSW) has made history, opening two significant tenders for projects of up to 1 GW of new, long-duration energy storage projects, and up to 3.98 GW of access rights to the South West Renewable Energy Zone.
Ev Foley
May 31, 2024
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