Energy storage business commission

What is the 'guidance' for the energy storage industry?

Based on the above analysis, as the first comprehensive policy document for the energy storage industry during the ‘14th Five-Year Plan’ period, the ‘Guidance’ provided reassurance for the development of the industry.

What is a commission recommendation on energy storage (c/2023/1729)?

A Commission Recommendation on energy storage (C/2023/1729) was adopted in March 2023. It addresses the most important issues contributing to the broader deployment of energy storage.

Why should EU countries consider the 'consumer-producer' role of energy storage?

It addresses the most important issues contributing to the broader deployment of energy storage. EU countries should consider the double 'consumer-producer' role of storage by applying the EU electricity regulatory framework and by removing barriers, including avoiding double taxation and facilitating smooth permitting procedures.

Why did the CEC get funding for a long-duration energy storage project?

The funding grew out of a solicitation for demonstration and deployment projects that could speed up commercialization of long-duration energy storage technologies while improving grid reliability and resilience for disadvantaged and low-income communities and California Native American tribes, according to the CEC.

Which energy companies are building long-duration storage projects in California?

The California Energy Commission approved grants for long-duration storage projects to be built by Redflow, RedoxBlox and Noon Energy. Four Redflow zinc-bromine flow batteries in Mossel Bay, South Africa.

Why is energy storage important in the EU?

It can also facilitate the electrification of different economic sectors, notably buildings and transport. The main energy storage method in the EU is by far 'pumped hydro' storage, but battery storage projects are rising. A variety of new technologies to store energy are also rapidly developing and becoming increasingly market-competitive.