Energy storage innovation is largely unsupported in the UK and woefully underfunded. Consequently, the UK is “lagging behind its peers” in the energy storage innovation race. As a result, the UK government is passing up the opportunity to become a global leader in the field.
Excessively large grid-related fees across much of Europe are stifling the wider deployment of energy storage. Indeed, critics argue that tariff structures in many European countries are failing to comply with the EU-level rules on electricity market regulation, which state that tariffs should be “cost-reflective” and not discriminate against energy storage.
Are you getting the most out of your energy storage assets? Peter Bance, chief executive of green energy technology provider Origami, says that many operators of energy storage assets are failing to grasp an opportunity to harness the power of real-time data.
This week, US-headquartered energy storage products, services and digital applications company Fluence announced record revenues. In the second quarter of its current financial year, the company posted a whopping $343 million in revenue, up a massive 249 per cent on the same quarter last year. Momentum is clearly with Washington DC-based Fluence, which is now on course for annual revenue of around $1.1 billion in 2022 after its IPO in October last year.
After an avalanche of nominations, an extensive research process, and much deliberation, Energy Storage Report is delighted to announce the ‘Top 40 Women Leaders in Energy Storage’.