According to the International Renewable Energy Agency (IRENA), a staggering 91% of global electricity generation could be sourced from renewables by 2050 to limit global warming to 1.5°C. However, these renewable sources are inherently unpredictable, introducing volatility into energy systems. This variability underscores the critical importance of efficient energy storage systems (ESS).
With reports indicating a 67% increase in the occurrence of extreme weather events over the past two decades, the stability…
The European Commission has approved funding of €445 million for Reolum’s project in La Robla, León. The project aims to harness biomass, carbon capture, hydrogen, and e-methanol production, marking a significant leap toward sustainable energy solutions in the region.
In a move signaling its deepening commitment to energy storage, TotalEnergies has announced six new battery storage projects in Germany,…
In the transition towards sustainable energy systems, the adoption of variable renewable energy sources (VRES), such as wind and solar, is imperative.
In 2024, global energy demand increased by 2.2%, surpassing the average growth rate of the past decade. This dramatic rise was led by a surge in electricity consumption, which increased by 4.3%, more than double the rate of global GDP growth.
The Electricity Authority of Cyprus has issued a tender titled “033/2025 EPC Contract for Utility Scale Battery Energy Storage System (BESS)” aimed at advancing energy storage capabilities within the hydrogen industry.
The European Commission has approved a substantial €699 million state aid scheme aimed at bolstering energy storage in Spain, positioning the nation firmly on the path to a net-zero economy.
The energy storage sector in Australia is witnessing a strategic shift as US-based Energy Vault Holdings acquires the monumental Stoney Creek Battery Energy Storage System (BESS) from the Enervest Group.
DTE Energy has announced a call for proposals encompassing standalone energy storage projects with a combined capacity of 450 MW.
