The World Bank has predicted that conflict in the Middle East could lead to a dramatic spike in oil prices, which is linked to increases in food prices - however it's argued that the forecasts do not take into account the ability of energy storage to meet demand
Battery storage
The cost of living crisis means more people are considering going off-grid, and a new study shows that energy storage could enable two million family homes in Europe to do just that
A recent Australian battery funding programme, which was ten-times oversubscribed, demonstrated the country's desperate need for energy storage to combat the nation's violently fluctuating electricity prices
Ahead of next year’s World Energy Congress in Rotterdam, Claudio Seebach, regional vice-chair, Latin America & Caribbean at the World Energy Council, explains how countries can learn valuable lessons from Chile when it comes to increasing energy storage deployment and accelerating the energy transition
A lack of consensus on the optimal storage technology is acting as a 'barrier to growth' of the sector, here Tamarindo's Energy Storage Report identifies the storage technologies expected to substantially increase market share by the end of the decade
A number of EPC contractors in the UK have ceased trading in recent months, with the result that energy storage deployment forecasts have been revised down
The world's five largest BESS integrators have been revealed - now the battle for market share will intensify, with supply chain challenges, perceptions of fire risk, and records on safety all set to influence future success
Pumped hydro storage has traditionally dominated in China, but the country is set for a surge in battery storage that could disrupt global supply chains
The US Navy & Department of Defense recently announced storage investments totalling $100m as utilities begin relying on the military to bail them out in times of crisis
A database run by a US-based electricity sector research organisation reveals the countries with the worst records for utility scale, or industrial, energy storage-related fires
A battery energy storage system at The Emirates stadium helped Arsenal top a Premier League 'green' ranking - other football clubs could now replicate the North London side's approach to sustainability
The ample solar resources in the US west mean opportunities for solar arbitrage abound, with the result that storage investors can expect excellent returns on investment