Long-duration storage on a compressed timeline
For most of its history, not much changed in compressed air energy storage (CAES). The first plant was deployed in 1978, but the technology never really caught on. Now, with a sudden flurry of record-breaking utility-scale plants coming online in China, increased deployment in Europe, North America and Australia, and growing calls to get off gas, might CAES finally have its moment in the sun?
Integrated ESG
For years, due diligence in solar and battery energy storage systems (BESS) focused on a familiar set of technical and commercial risks: resources, the grid, permitting, contracts, equipment reliability, and financial assumptions. Environmental, social and governance (ESG) factors, despite their obvious influence on asset behavior and value, were often treated as a separate workstream. But that distinction no longer reflects how projects actually perform, argues Ragna Schmidt-Haupt, partner at Everoze.
The backbone of resilient power
Lyren Liu, Chief Commercial Officer, Fox ESS, shares his view on the next stage of the energy transition and the growing role for energy storage.
