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European Investment Bank supports thermal, gravity energy storage

A total of 311 applications were received for clean energy or decarbonisation projects after the call for submissions opened last summer. Of these, seven were selected to

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Capacity Investment Scheme sees 3,626MWh of energy storage

Victoria sees two successful energy storage projects in the CIS. Two Victoria-based projects were successful in the Capacity Investment Scheme. This includes energy

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New South Wales gives planning approvals for

New South Wales has granted planning approval for battery energy storage system projects in the Australian state''s Renewable Energy Zones. while also bringing

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Changes to battery storage planning law explained

Energy companies and battery storage developers in the UK can now bypass the national planning process when developing large scale energy storage projects, thanks to a recent change in the law.

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UK investment scheme to boost energy storage infrastructure

The government of the UK has launched a new investment support scheme aimed at bolstering the country''s energy storage infrastructure. The initiative aims to

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REPowerEU Rules on Accelerated Permitting Apply to all Energy

EASE welcomes the decision of the European Parliament to include all

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Energy storage systems and the NEM

Increasing urgency around energy storage solutions. Operating a reliable low-carbon power system means that energy storage is imperative – and AEMO also makes this

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New scheme to attract investment in renewable energy storage

Government will unlock investment opportunities in vital renewable energy storage technologies to strengthen energy independence, create jobs and help make Britain a

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THE TURNING TIDE OF ENERGY STORAGE

This report comes to you at the turning of the tide for energy storage: after two years of rising

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Long duration electricity storage: proposals to enable investment

The government of the UK has launched a new investment support scheme aimed at bolstering the country''s energy storage infrastructure. The initiative aims to encourage the development of long-duration energy

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THE TURNING TIDE OF ENERGY STORAGE

This report comes to you at the turning of the tide for energy storage: after two years of rising prices and supply chain disruptions, the energy storage industry is starting to see price

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Australian Energy Market Operator grants

Carter said the process of getting GPS approval had taken more than a year. is under construction after the company took a Final Investment Decision (FID) in April last year.

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How EU Funding is Driving Energy Storage Innovation

Investment in research is key in driving innovation in storage sector. EASE, as the voice of the

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Victoria streamlines planning process of the

This energy storage target complements its existing renewable energy generation target, which aims to have 95% renewable energy in the energy mix by 2035.

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Long duration electricity storage: proposals to enable investment

This response confirms the government''s intention to create a cap and floor scheme to unlock investment for Long Duration Electricity Storage (LDES) projects, our

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China''s Energy Storage Sector: Policies and Investment

As diverse mechanisms can better meet different storage needs and duration requirements, the 14 th FYP for Energy Storage outlines the collective development of various new energy

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Changes to battery storage planning law explained

Energy companies and battery storage developers in the UK can now bypass the national planning process when developing large scale energy storage projects, thanks to

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How EU Funding is Driving Energy Storage Innovation

Investment in research is key in driving innovation in storage sector. EASE, as the voice of the energy storage industry, is an active contributor of the design of upcoming funding

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Battery energy storage systems (BESS)

Lithium-ion batteries can catch fire because of a process called "thermal runaway". It can occur, for example, if part of a battery is damaged. Barriers to the development of BESSs and other energy storage systems also

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Energy Storage Best Practice Guide: Guidance for Project

This Energy Storage Best Practice Guide (Guide or BPGs) covers eight key aspect areas of an energy storage project proposal, including Project Development,

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Recommendations on energy storage

The Commission adopted in March 2023 a list of recommendations to ensure greater deployment of energy storage, accompanied by a staff working document, providing an outlook of the EU''s current regulatory, market, and financing

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Recommendations on energy storage

The Commission adopted in March 2023 a list of recommendations to ensure greater deployment of energy storage, accompanied by a staff working document, providing an outlook of the EU''s

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European Commission approves €17.7bn Italian energy storage

Under the scheme, the aid will take the form of annual payments covering investment and operating costs to electricity storage developers. "The beneficiaries will be

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China''s Energy Storage Sector: Policies and Investment

As diverse mechanisms can better meet different storage needs and duration requirements,

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EnErgy storagE financEability in australia

the-meter'' customer-owned storage. Australia''s Energy Storage market growth has been reliant on government support • The number of utility-scale batteries connected to the power system

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REPowerEU Rules on Accelerated Permitting Apply to all Energy Storage

EASE welcomes the decision of the European Parliament to include all energy storage (standalone as well as co-located with renewables) under the new, accelerated

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Energy Storage Best Practice Guide: Guidance for Project

This Energy Storage Best Practice Guide (Guide or BPGs) covers eight key

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6 FAQs about [Energy storage investment approval process]

What are the changes to planning legislation for energy storage projects?

The changes to planning legislation for larger energy storage projects were first announced back in October 2019 to allow planning applications to be determined without going through the Nationally Significant Infrastructure Project (NSIP) process.

Should energy storage schemes get planning permission?

The change in the law should make it much easier for energy storage schemes to get planning permission, to attract funding more easily, and enable them to be built more quickly. The recent UK Battery Storage Project Database Report by suggested the UK has more than 13.5GW of battery storage projects in the pipeline.

What is the long duration energy storage Investment Support Scheme?

Long Duration Electricity Storage investment support scheme will boost investor confidence and unlock billions in funding for vital projects. The UK is a step closer to energy independence as the government launches a new scheme to help build energy storage infrastructure.

What is the UK's energy storage Investment Support Scheme?

Credit: David Pimborough / Shutterstock. The government of the UK has launched a new investment support scheme aimed at bolstering the country’s energy storage infrastructure. The initiative aims to encourage the development of long-duration energy storage (LDES) facilities, which have not seen significant investment in nearly four decades.

How can ASE help drive innovation in the energy storage sector?

Investment in research is key in driving innovation in storage sector. EASE, as the voice of the energy storage industry, is an active contributor of the design of upcoming funding programmes for energy storage research and development and collaborated to the development of important instruments such as the Innovation Fund and Horizon Europe.

Can energy companies bypass the national planning process?

Energy companies and battery storage developers in the UK can now bypass the national planning process when developing large scale energy storage projects, thanks to a recent change in the law.

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