WASHINGTON, D.C. – The U.S. Department of Energy (DOE) today released its draft Energy Storage Strategy and Roadmap (SRM), a plan that provides strategic direction and identifies key opportunities to optimize DOE's investment in future planning of energy storage research, development, demonstration, and deployment projects.
Energy storage is no longer a niche sector. It has become a magnet for global investment. According to Wood Mackenzie, the global storage market is expected to grow tenfold by 2030, representing hundreds of billions in new capital. Governments are accelerating the race.
Storage enables electricity systems to remain in balance despite variations in wind and solar availability, allowing for cost-effective deep decarbonization while maintaining reliability. The Future of Energy Storage report is an essential analysis of this key component in decarbonizing our energy infrastructure and combating climate change.
“We see energy storage as an opportunity for (data centres) to reduce their impact on the grid”, said Patrick Hughes, Senior VP of Operations and Strategy at NEMA. Long-duration energy storage (LDES) developer-operator Hydrostor has announced a strategic technology and equity agreement with energy infrastructure equipment manufacturer Baker Hughes.
In December 2020, DOE released the ESGC Roadmap, the Department''s first comprehensive energy storage strategy to develop and domestically manufacture energy storage technologies that can
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The next stage of the energy transition is system-led, aligning renewables, power grids, industry, and data to drive down costs and unlock cross-sector scale.
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The removal of storage mandates in China for renewables and the absence of offsetting drivers were big concerns. However, a new energy storage target was set in September, underlining
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In this report, our lawyers outline key developments and emerging trends that will shape the energy storage market in 2025 and beyond.
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Long-duration energy storage (LDES) developer-operator Hydrostor has announced a strategic technology and equity agreement with energy infrastructure equipment manufacturer Baker Hughes.
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What will the year ahead bring for energy storage in the US and China? Will growth continue to accelerate in the Middle East and Europe, where government-led tenders support new
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Factor This™ is your premier source for green energy and storage news. Learn the latest in solar, wind, bio, and geothermal energy.
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This EPRI Battery Energy Storage Roadmap charts a path for advancing deployment of safe, reliable, affordable, and clean battery energy storage systems (BESS) that also cultivate equity,
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MITEI''s three-year Future of Energy Storage study explored the role that energy storage can play in fighting climate change and in the global adoption of clean energy grids.
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Global demand for energy storage is surging. Lithium-ion leads today, but new contenders like sodium-ion, flow, and gravity systems are shaping the future grid.
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